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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. Snapdeal is one of the top 10 online marketplaces in India. Snapdeal targets the value e-commerce segment, which Bahl estimated to be three times larger than the branded goods market.
India has an Internet user base of about 690.0 million as of November 2023, about 40% of the population. 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 month.
Snapdeal, one of India’s biggest e-commerce companies, has scooped up $500 million in funding from Alibaba, Foxconn and SoftBank, according to Re/code. The Wall Street Journal first reported in ...
A big day for e-commerce startups in India, and a double boom for Japan’s SoftBank. Snapdeal, founded four years ago as a marketplace for third party retailers in India to sell goods online, has ...
FreeCharge is a service that rewards users with coupons when they top up their phone credit or pay utility bills. It claims more than 15 million users in India — and counts Sequoia Capital among ...
This is an incomplete list of unicorn startup companies. In finance, a unicorn is a privately held startup company with a current valuation of USD 1 billion or more. Notable lists of unicorn companies are maintained by The Wall Street Journal , [1] Fortune Magazine , [2] CNNMoney / CB Insights , [3] [4] TechCrunch , [5] PitchBook/Morningstar ...
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 ...
Myntra is an Indian fashion e-commerce company headquartered in Bengaluru, Karnataka, India. The company was founded in 2007-2008 to sell personalized gift items. In May 2014, Myntra.com was acquired by Flipkart.
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