About Snapdeal
Snapdeal is a company based in Gurugram (India) founded in 2010 by Kunal Bahl and Rohit Bansal.. Snapdeal has raised $1.77 billion across 14 funding rounds from investors including eBay, Alibaba Group and Foxconn Electronics. Snapdeal has completed 15 acquisitions, including Doozton, Exclusively and Fashiate. Snapdeal offers products and services including Online Shopping Platform and Value-priced Merchandise.
- Headquarter Gurugram, India
- Founders Kunal Bahl, Rohit Bansal
- Stage Unicorn
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Snapdeal Limited
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Products & Services of Snapdeal
Snapdeal offers a comprehensive portfolio of products and services, including Online Shopping Platform and Value-priced Merchandise. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
An online platform is provided for purchasing value-priced merchandise across various categories
Good quality products at affordable prices are offered in categories such as fashion and electronics
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Funding Insights of Snapdeal
Snapdeal has successfully raised a total of $1.77B across 14 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 14
- Last Round Last Round
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First Round
First Round
(08 Dec 2010)
- Investors Count 39
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Angel Round - Snapdeal | Valuation | Anand Piramal |
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| Aug, 2017 | Amount | Angel Round - Snapdeal | Valuation |
investors |
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| Mar, 2017 | Amount | Series H - Snapdeal | Valuation | Nexus Venture Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Snapdeal
Snapdeal has secured backing from 39 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include eBay, Alibaba Group and Foxconn Electronics. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm that partners with entrepreneurs for product-first companies.
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Founded Year | Domain | Location | |
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Growth capital provision and investment services for tech entrepreneurs across multiple locations.
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Founded Year | Domain | Location | |
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Investments in early-stage startups are made by Brand Capital.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Snapdeal
Snapdeal has strategically engaged in corporate development activities, having acquired 15 companies. Notable acquisitions include Doozton, Exclusively and Fashiate. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Visual search technology is utilized for online product discovery.
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2014 | ||||
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Online product discovery platform
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2013 | ||||
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Mobile commerce platform for eCommerce sites and retailers is enabled.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Snapdeal
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Snapdeal Comparisons
Competitors of Snapdeal
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Snapdeal
Frequently Asked Questions about Snapdeal
When was Snapdeal founded?
Snapdeal was founded in 2010.
Where is Snapdeal located?
Snapdeal is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of Snapdeal?
Suman Suman is the current CEO of Snapdeal.
Is Snapdeal a funded company?
Snapdeal is a funded company, having raised a total of $1.77B across 14 funding rounds to date. The company's 1st funding round was a Series H of $16.95M, raised on Dec 08, 2010.
What does Snapdeal do?
Snapdeal was founded in 2010 and is headquartered in Gurugram, India. An online marketplace is operated, focusing on e-commerce for discounted items in sectors such as electronics, fashion, home goods, beauty, and accessories. Daily deals, seasonal sales, and flash offers are provided, along with secure payment methods, order tracking, and return policies. Operations serve customers primarily in India through the domain snapdeal.com.
What products or services does Snapdeal offer?
Snapdeal offers Online Shopping Platform and Value-priced Merchandise.
How many acquisitions has Snapdeal made?
Snapdeal has made 15 acquisitions, including Doozton, Exclusively, and Fashiate.
Who are Snapdeal's investors?
Snapdeal has 39 investors. Key investors include eBay, Alibaba Group, Foxconn Electronics, Bessemer Venture Partners, and BlackRock.
What is Snapdeal's valuation?
The valuation of Snapdeal is $4.8B as of Aug 2015.
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