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Buried In Losses, Can India’s Ecommerce Marketplaces Ever Find Profita...
Snapdeal
Snapdeal is an ecommerce marketplace and is owned by Jasper Infotech. The company was founded in February 2010 by Kunal Bahl along with Rohit Bansal and was launched as a daily deals platform, but later in September 2011 it pivoted to become an online marketplace. The company is based out of Delhi with offices in various metros in India. It offers 65 million plus products across 1000+ categories from over 125,000 regional, national, and international brands and retailers to its customers. The company has more than 300,000 sellers and is delivering its products to 6000+ cities and towns across India. Snapdeal counts marquee names like SoftBank, BlackRock, Temasek, Foxconn, Alibaba, eBay Inc., Premji Invest, Intel Capital, Bessemer Venture Partners, Ratan Tata, among others as its investors. The company has raised acquired more than 10 startups till date and one of the major acquisition was of Freecharge which it reportedly acquired for $400 Mn. Check out the latest Snapdeal news, updates, inspiring stories of Kunal bahl & Rohit Bansal, Founders of Snapdeal.
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BrandLabs is the brand marketing arm of Inc42 Media. With a team of journalists & analysts, and 4 years of extensive regional editorial expertise, we cover the country’s startups like no other. Want to start a campaign for your startup? Submit your startup here.
Seeding Kerala 2020 Wrap Up: Highlights From The Sessions And Masterclasses From...
BrandLabs is the brand marketing arm of Inc42 Media. With a team of journalists & analysts, and 4 years of extensive regional editorial expertise, we cover the country’s startups like no other. Want to start a campaign for your startup? Submit your startup here.
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Exclusive industry analysis, provocative insights, & deep dives for Inc42+ Members.
