This is how Snapdeal grew into a $3Bn Mammoth [Interactive Timeline]

This is how Snapdeal grew into a $3Bn Mammoth [Interactive Timeline]

Ecommerce in India is now a hot-shot market for investments by not only Indian investors, but for global ones as well!

The year 2014 has been the biggest one if we talk about the fundings in the ecommerce segment, with a lot of funding activities taking place. While after Flipkart’s funding and Amazon’s investment in it’s Indian operations, somehow the entire ecosystem was busy in looking at the two as the leaders of ecommerce, but Snapdeal has come back once again in the picture with a bang by raising a whooping $627 Mn from SoftBank making it the largest investor in the company.

Snapdeal has raised over $1 Bn in this year alone and is now valued at over $ 3 Bn. 

Since its launch in 2010, Snapdeal has come a long way – it now has more than 25 Mn users with about 50,000 sellers on its website and 40 fulfilment centres across 15 cities.

The online retailer is growing at 600% year-over-year and had reached $1 Bn in sales (gross merchandise value) recently.

Have a look into the Snapdeal journey so far.

You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
Unlock 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
Unlock 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

This is how Snapdeal grew into a $3Bn Mammoth [Interactive Timeline]-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

This is how Snapdeal grew into a $3Bn Mammoth [Interactive Timeline]-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

This is how Snapdeal grew into a $3Bn Mammoth [Interactive Timeline]-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

This is how Snapdeal grew into a $3Bn Mammoth [Interactive Timeline]-Inc42 Media
This is how Snapdeal grew into a $3Bn Mammoth [Interactive Timeline]-Inc42 Media
You’re in Good company