Presenting

Snapdeal

Snapdeal is an e-commerce startup headquartered in New Delhi that connects buyers to sellers of millions of products from national, international and regional brands.

Snapdeal is an e-commerce startup headquartered in New Delhi that connects buyers to sellers of millions of products from national, international and regional brands. It has grown to become one of the largest online marketplaces in India. Snapdeal is host to 200 million listings and offers products across 600 categories. Snapdeal had partnered with several global marquee investors such as Softbank, Alibaba, Foxconn, Ontario Teachers' Pension Plan, BlackRock, Temasek, eBay Inc., Premji Invest among others.

E-Commerce

Retail

Marketplace

WEBSITE

https://www.snapdeal.com/

HEADQUARTERS

Gurgaon, Haryana, , India

COMPANY SIZE

1000+

FOUNDED

Feb 2010

Stories

Stories about Snapdeal

Snapdeal-owned ecommerce SaaS platform Unicommerce files DRHP for IPO

Bhuvana Kamath

Snapdeal reduces losses by 45% for FY23

Press Trust of India

Learnings from building Snapdeal, ‘Indicorns’, and work culture: top lessons from Kunal Bahl

Sowmya Ramasubramanian

Focus, economics, culture—Kunal Bahl’s top three learnings from Snapdeal journey

Bhuvana Kamath

Awards

Awards and Recognitions

Top 50 Newsmakers of India - 2019

A YourStory list of startups that made the news this year for all the right reasons.

In 2019, Snapdeal worked to not only shore up its revenue but also narrow its losses. The company has since seen a bump in its valuation and is again in talks with investors. Jasper Infotech, which owns and operates Snapdeal, posted a consolidated revenue of Rs 925 crore in FY19, compared to the year-ago period when revenue was at Rs 536 crore. The ecommerce major also posted consolidated losses of Rs 186 crore, down from a massive loss of Rs 611 crore in the previous financial year. This year, the company also raised undisclosed funds from Anand Piramal. Media reports also said the online marketplace was in initial talks to raise a fresh round of funding. Snapdeal was also said to be in talks to raise about $100 million from new and existing investors, including Japan’s SoftBank. If things pan out, this will be the company’s first major fundraise in the last three years. The discussions between Snapdeal and various investors peg the company’s valuation between $800 million and $1.2 billion. The company is currently doing net revenue of about $140 million.