Since the transactions under the scanner is for the period before Walmart took charge of the homegrown etailer, the indemnity clause is expected to protect the global giant from penalty, sources familiar with the exercise said.
Ray was not just a legendary filmmaker newindianexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newindianexpress.com Daily Mail and Mail on Sunday newspapers.
Read more about Ananth Narayanan starts Mensa Brands after exit from PharmEasy-Medlife deal on Business Standard. Mensa aims to create a tech-led House of Brands for e-commerce industry; has closed Series A round, raising $50 mn from Accel, Kunal Shah, Mukesh Bansal and Scott Shleifer of Tiger Global
The Series A round also saw participation of angel investors Kunal Shah, Mukesh Bansal, Rahul Mehta of DST Global and Scott Shleifer of Tiger Global, while Alteria Capital and InnoVen Capital have provided debt to the firm.