Snapdeal refuses to dilute its stake in GoJavas

As promoters of logistics provider GoJavas search for buyers, Snapdeal has cleared its intentions of not selling its stake in the company.

GoJavas has suspended its operations and the promoters are looking to sell stakes to highest bidder. Pigeon Express and Trackon, both based in Delhi, are reportedly in running to buy the brand.

Sign Up for nextbigwhat newsletter

The smartest newsletter, partly written by AI.

Download, the short news app for busy professionals