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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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EBay Writes Off $61 Mn On Its Investment In Ecommerce Startup Snapdeal

US-headquartered multinational ecommerce corporation eBay has written off close to $61 Mn…

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EBay Writes Off $61 Mn On Its Investment In Ecommerce Startup Snapdeal

US-headquartered multinational ecommerce corporation eBay has written off close to $61 Mn…

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Hyderabad Police Warns Snapdeal & Ecommerce Giants ‘NOT’ To Sell Illegal Arms On...

India’s major ecommerce websites, Snapdeal, Flipkart, and Amazon,…

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After Offloading Vulcan Express And FreeCharge, Snapdeal Looks To Sell Unicommer...

Jasper Infotech, the parent entity of ecommerce company…

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Another Distressed Sale For Snapdeal, Offloads Vulcan Express To Future Group Fo...

Kishore Biyani led Future Group has finally acquired…

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Future Group In Final Stages To Acquire Vulcan Express For $7.8 Mn

Future Supply Chain Solutions of retail giant Kishore…

Government To Roll Out Second Line Of Financing For Startups Benefitted Under MUDRA Scheme-nexus venture partners-vc-fund

VC Firm Nexus Venture Partners To Raise Fifth Fund Of Upto $400 Mn

Homegrown VC firm, Nexus Venture Partners, is expected…

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Future Group In Talks To Buy Logistics Firm Vulcan Express For $7.8 Mn

Kishore Biyani led Future Group is reportedly in…

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Ecommerce Firms Flipkart And Amazon Deny Allegations Concerning Fake Products

Two days after US-based athletic footwear brand Skechers…

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After Abandoning Snapdeal, SoftBank Executive Lydia Jett Joins Flipkart Board

After stepping down from the Snapdeal board around…

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2017 In Review: The Top 10 Controversies That Shook The Indian Startup Ecosystem...

This article is part of Inc42’s Year-End Stories…

Movers And Shakers Of The Week [11 -16 Dec]

We bring you the weekly dose of important…