Snapdeal

Snapdeal

Snapdeal is an online marketplace offering best priced deals on branded products such as mobiles, electronics, apparel and accessories.

Founded: January 2010

About Snapdeal

Snapdeal was founded in February, 2010 and in a short span of four years, has become India’s largest online marketplace for businesses to reach sell their products to consumers nationwide, a model that the company pioneered in the Indian market.

Their mission is to create life changing experiences for small businesses in India that account for 93% of India’s retail industry. They feature the largest selection of 5 million+ products in the e-commerce space in India across various categories like Apparel, Mobiles & accessories, Watches & bags, Electronics & cameras, Computers & Peripherals, Perfumes, Beauty & Health, Footwear, Home décor, Kitchenware amongst others.

Snapdeal.com has over 25 million subscribers and has a fan base of 2 million+ on social media sites such as Twitter and Facebook. Snapdeal.com currently has around 50,000 unique businesses selling on the site, over 5 million unique products listed on the site and is delivering products to 5000+ towns and cities across India.

Snapdeal.com is run by a very young, dynamic & Innovative team of 1500+ team members, and is backed by leading global strategic and financial investors including eBay Inc., Temasek, BlackRock, Premji Invest, Intel, Nexus Venture Partners, NEA-IndoUS Venture Partners, Bessemer Venture Partners, Recruit Corp (Japan), Silicon Valley Bank, Myriad, among others. The company witnessed phenomenal growth in 2013-14, growing 600% from 2012-13 to 2013-14.

Snapdeal has been leading the m-commerce revolution in India, with around 60% of its orders coming from mobile phones. Snapdeal’s one-of-a-kind proprietary logistics platform, SafeShip, provides a platform for logistics companies across India to cater to the fulfillment needs of merchants on the Snapdeal platform to ship products across the country in a seamless and trackable manner. Snapdeal has received many global accolades including being featured in Digital 100: The World's Most Valuable Global Private Tech Companies.

Team

Funding

INVESTOR
STAGE
AMOUNT
DATE
Round: Venture Round
Round Size: US$17.5M
Date: May 2017
Undisclosed

Round: Post IPO Equity
Round Size: US$500M
Date: Aug 2015
Undisclosed

Round: Seed
Round Size: US$627M
Date: Oct 2014

United States of America

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Round: Series D
Round Size: US$100M
Date: May 2014

United States of America

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Round: Series F
Round Size: US$133.7M
Date: Feb 2014

United States of America

Round: Series E
Round Size: US$75M
Date: Aug 2013
Undisclosed

Round: Series D
Round Size: US$75M
Date: Apr 2013

United States of America

See all investors
Round: Series B
Round Size: US$40M
Date: Sep 2011
Round: Series A
Round Size: US$12M
Date: Jan 2011

Previous Investments

COMPANY
ROUND
ROUND SIZE
DATE
Round: Venture Round
Round Size: US$20M
Date: Mar, 2017
Round: Acquisition
Round Size: -
Date: Jul, 2016
Round: Acquisition
Round Size: -
Date: May, 2016
Round: Venture Round
Round Size: US$20M
Date: Oct, 2015
Round: Series B
Round Size: US$36M
Date: Sep, 2015
Round: Acquisition
Round Size: -
Date: Apr, 2015
Round: Seed
Round Size: -
Date: Jan, 2015
Round: Seed
Round Size: US$20K
Date: Jul, 2013