text: In November, 2014 VCcircle reported that Amazon India was looking to buy Jabong for a whopping $1.2 billion and later, Paytm was ready to pay a little over $500 million for Jabong. Jabong was in the market for a sell-off for a considerable amount of time and the potential buyers were Future Group, Snapdeal and Aditya Birla-owned Abof.