 "Snapdeal has its head in the private cloud with Cirrus launch")
Cash-starved Snapdeal may finally be up for sale. The board of online marketplace Snapdeal is expected to meet on Tuesday to discuss a potential sale to larger rival Flipkart. If all the roadblocks are cleared, this will be the biggest consolidation in the e-commerce sector. Snapdeal launched in 2010 as a discount deal site. In 2011, it evolved into an online marketplace, inspired by Alibaba. However, its success story was short lived and it has now embraced for a painful death as its evaluation sinks lower and lower with time.
Hurdles for Snapdeal
One of the main hurdles to the
