Top 10 Online Companies by Valuation in India 2015
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Snapdeal is an online e-commerce shopping website. It started in February 2010. The founders of the company are Kunal Bahl (CEO) and Rohit Bansal.
It is headquartered in New Delhi, India. It has more than 7000 employees. This online marketplace is offering around 10 miilion diverse products. It provides services to more than 5000 towns and cities in India. Snapdeal receives funding from various institutional investors but SoftBank is the largest investor.
The firm’s gross sales is over 3 billion dollars annually. To expand its business, Snapdeal has acquired many companies of different areas. It acquired FreeCharge.com, a mobile payment firm in April 2015. It very famous slogan ‘Dil ki Deal’ is promoted by Amir Khan, a renowned Bollywood actor.