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Snapdeal is an Indian e-commerce company, based in New Delhi, India. It was founded in February 2010 by Kunal Bahl and Rohit Bansal. [ 2] Snapdeal is one of the top 10 online marketplaces in India. [ 3] Snapdeal targets the value e-commerce segment, which Bahl estimated to be three times larger than the branded goods market.
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India has an Internet user base of about 690.0 million as of November 2023, about 40% of the population. [1] Despite being the second-largest user base in world, only behind China (1.079 billion, 48% of population), the penetration of e-commerce is low compared to markets like the United States (266 million, 84%), or France (54M, 81%), but is growing, adding around 6 million new entrants every ...
Freecharge is an Indian financial services company based in Gurgaon. It allows users to pay bills such as electricity, gas and telephone, as well as recharge mobile, broadband, DTH and metro cards. On 8 April 2015, Snapdeal acquired Freecharge in what was referred to as the second biggest takeover in the Indian e-commerce sector at the time ...
Snapdeal, one of the larger online e-commerce companies in India, has raised $100 million from Temasek, BlackRock, Myriad, Premji Invest and Tybourne. This follows a $133 million round of funding ...
Indian e-commerce startup Snapdeal files for IPO. Snapdeal filed for an initial public offering on Tuesday, joining a number of firms in India that have tapped the public market this year. The New ...
Founded in 2010, Snapdeal is one of India’s largest e-commerce companies and says it now has more than 150,000 sellers on its platforms and is able to deliver to 5,000 towns and cities in India.
Shopsy is a zero-commission marketplace model for sellers in India . It is a digital commerce initiative by Flipkart, the Bengaluru -headquartered and Walmart-owned e-commerce company with over US$7.7 billion in annual revenue (FY 2022). [ 21][ 22]