 "Kunal Bahl, chief executive of Snapdeal at IIM Calcutta alumnus foundation day lecture in Kolkata. Photo: Subrata Majumder")
The founders of Snapdeal told employees in an email on Sunday that the e-commerce company will ensure there is no disruption to staff "as the way forward becomes clear," as speculation of a takeover swirls.
The email tacitly acknowledged that a sale of the company could be in the offing, and it sought to calm the concerns of employees at India's No. 3 e-commerce player.
Here is the full text of the email:
Dear Team,
There has been a lot of media reporting and speculation around Snapdeal recently.
While our investors are driving the discussions around the way forward, I am reaching out to let
