Snapdeal

basic info

http://www.snapdeal.com7 Years Old
Delhi,IndiaInternet
1001-5000 EmployeesPrivate company

Snapdeal impact

12Million+
Products available
5Thousand
Cities they provide service in
1.5Thousand
Sellers
500+
Categories
1
AC sold every minute
8
Pair of shoes sold every minute
10
No of mobiles sold every minute
5000+
No of Power Eyeglasses and ontact lenses available
110
Scorpios sold in an exclusive launch
1
Laptops sold every 2 minutes
700
Bikes sold in 7 hours
1
No of Refrigerator sold every 60 seconds
1
Sarees sold every 12 seconds

about Snapdeal

In February 2010, Kunal Bahl along with Rohit Bansal, started Snapdeal.com - India's largest online marketplace, with the widest assortment of 12 million+ products across 500+ diverse categories from thousands of regional, national, and international brands and retailers.

With millions of users and 150,000 sellers, Snapdeal is the shopping destination for internet users across the country, delivering to 5000+ cities and towns in India.

With its acquisition of Freecharge in 2015, a leading mobile transactions platform, Snapdeal has become the largest mCommerce company in the country.

In its journey till now, Snapdeal has partnered with several global marquee investors and individuals such as SoftBank, BlackRock, Temasek, eBay Inc., Premji Invest, Intel Capital, Bessemer Venture Partners, Mr. Ratan Tata, among others. credits: www.snapdeal.com

vision

To create India's most impactful digital commerce ecosystem that creates life-changing experiences for buyers and sellers. credits: www.snapdeal.com

mission

"Snapdeal aims at making life fun for consumers. We have a simple business philosophy; we just do not offer best prices, we offer great experiences! You do not need to spend a fortune to enjoy what you love; we are just a click away". credits: m.facebook.com

Snapdeal story

Feb-2010
The Start
Got launched as online deals merchant by Kunal Bahl and Rohit Bansal. credits: www.snapdeal.com
Jun-2010
Acquired Grabbon.com
Acquired Bangalore-based group buying site, Grabbon.com credits: www.snapdeal.com
Jan-2011
Series A Funding - $10 Million
Attracted first investor, Nexus Venture, in Series A funding and received $10 million investment. credits: www.snapdeal.com
Jun-2011
Bagged Honor at IDMA 2011
Snapdeal won silver at the Indian Digital Media Awards 2011 organized by e4m for the Best Website service category. credits:
Jun-2011
Adopted Village
Snapdeal adopted a village in Uttar Pradesh called Shiv Nagar and the village called itself Snapdeal.com Nagar since then. credits:
Jul-2011
Series B Funding - $45 Million
Got $45 million more in series B funding as Bessemer Venture Partners jumps on the investment bandwagon. credits: www.snapdeal.com
Oct-2011
Red Herring Asia Awards 2011
Among group of 100 companies are the most innovative companies from a pool of hundreds from across Asia. credits:
Dec-2011
Shut Down of Deals
Decides to shut down deals to become online marketplace offering products to consumers. credits: www.snapdeal.com
Jan-2012
Initiated Marketplace
Initiates marketplace as first 10 sellers come on board to sell their wares. credits: www.snapdeal.com
Mar-2012
Launched an app for windows phone
Snapdeal launches an app for windows phone to provide better shopping experience.
Apr-2012
Acquired eSportsbuy.com
Snapdeal acquired esportsbuy.com an online sports goods retailer based out of Delhi. credits: www.snapdeal.com
May-2012
Launched Android App
Snapdeal launched android app to provide better experience for people with android OS smartphones credits:
May-2012
Partnered with Tata Docomo
Snapdeal partnered with Tata Docomo and was able to reach a wider audience and enabled DOCOMO users to browse location based deals. credits:
Nov-2012
Entered top Indian StartUps
Snapdeal entered into the list of startups which are considered as Top 10 Indian Startups. credits:
Dec-2012
10000 Sellers
Closed the year with 1000 sellers on board selling their products. credits: www.snapdeal.com
Jan-2013
Tied up with Mahindra and Mahindra
Snapdeal tied up with Mahindra and Mahindra. It was the first time that a vehicle was sold online in India.
Apr-2013
Launched TrustPay
Launches TrustPay - a consumer protection service. credits: www.snapdeal.com
May-2013
Acquired Shopo.in
Snapdeal acquired Shopo.in, an online marketplace for Indian handicraft products. credits: www.snapdeal.com
Jun-2013
Tied up with Hero electric bikes
Snapdeal tied up with Hero electric bikes and became the first to venture into e-selling of vehicles in the industry
Jul-2013
20k+ Sellers
Hits a milestone with 20k+ seller on board now credits: www.snapdeal.com
Feb-2014
Series C Funding - $134 million
eBay Inc invested $134 million(Rs.830 Crore) in SnapDeal. eBay invested $100 million and the rest $34 million from smaller existing investors like Nexus Venture Partners, Kalaari Capital, Bessemer Venture partners and Intel Capital. credits:
Apr-2014
Acquired Doozton.com
Doozton helps online product discovery in fashion & lifestyle categories, to help shoppers spot trending products and designs from online stores in India. credits: www.snapdeal.com
Jul-2014
Appointed new Head,Corporate Development
The company appointed Abhishek Kumar as the Head,Corporate Development who was made responsible for acquisitions, investment and deep partnerships that can lead to mergers fro Snapdeal. credits:
Aug-2014
Partnered with Tata Value Homes
Snapdeal partnered with affordable housing company Tata Value Homes as it was looking to increase the spread of its offerings in a high stakes, winner-takes-all environment. credits:
Oct-2014
Series Funding - $627 Million
Got a whopping $627 million funding from Japanese multinational corporation, Softbank credits: www.snapdeal.com
Dec-2014
Appointed new VP,marketing development
Snapdeal.com appointed new Vishal Chadha as vice-president of marketing development to lead the company's business development and seller marketing efforts with the goal of bringing a million small and medium business to the platform. credits:
Feb-2015
Acquired Exclusively.com
Acquired another lifestyle website, Exclusively.com credits: www.snapdeal.com
Feb-2015
Entered best retail employer's list
The company became the first e-commerce company in India to enter the best employers' club. It is placed among the top 10 employers among retailers. credits:
Apr-2015
Acquired Freecharge
Acquired Freecharge, India's leading website for online recharges. credits: www.snapdeal.com
Apr-2015
Appointed new Marketing Head
Snapdeal,com hired former Coca-Cola India and Glaxo-SmithKline(GSK) executive Idimadakala Srinivas Murthy as its senior vice-president, marketing to build a strong brand and increase efficiency in its marketing credits:
Jun-2015
Tied up with Local Retail Stores
Snapdeal tied up legions of offline local retailers.Snapdeal started providing technology and logistics for retailers who want to go omni-channel with the company credits:
Jun-2015
Appointed new CPO
Former Bharti Airtel Ltd. executive Anand Chandrasekaran with 15 years of experience in various top notch firms was named as the new Chief Product Officer at Snapdeal credits:

Snapdeal products & services

E-commerce seller

Sells Apparels,Fashion accessories, Footwear, Jewellery, Books, Movies, Toys, Beauty products, Health and Nutrition, Sports, Computer peripherals etc.. credits: en.wikipedia.org

Freecharge

It provides online facility to recharge any prepaid mobile phone in India. The amount paid by the user for recharge is returned in form of shopping coupons of some of the top retailers in India, thereby making the recharge virtually free. credits: en.wikipedia.org

Snapdeal team

CEO

Kunal Bahl

Past: MicrosoftEducation : BE-University of Pennsylvania, MBA - Wharton UniversityLocation: Delhi
COO

Rohit Bansal

Past: Capital OneEducation : B.Tech& M.Tech-IIT DelhiLocation: Delhi
Sr. VP - Marketing

Sandeep Komaravelly

Past: Grabbon.com, Analytics Quotient, Accenture, Dabur India LimitedEducation : BE-BITS Pilani ; MBA-XLRI JamshedpurLocation: New Delhi
Sr.VP-Electronics & Home

Tony Navin

Past: Grabbon, KPMG Advisory, Infosys Technologies Ltd.Education : B.Tech-Anna University ; PGDBM-XLRI JamshedpurLocation: New Delhi
Sr. VP-Product Management

Ankit Khanna

Past: www.itasveer.com, IVPEducation : B.Tech-IIT DelhiLocation:
VP-Electronics

Rishabh Arora

Past: OnMobile, Dishnet Wireless LimitedEducation : B.Tech-DAV college; PGDTM-Symbiosis International UniversityLocation: New Delhi
VP of Engineering

Gaurav Gupta

Past: Cisco,ScaleArc, CloudVelox, SymantecEducation : B.Tech-PICT, MS-University of MarylandLocation: Gurgaon

Snapdeal office photos

office photos

( 30 photos )

Snapdeal office locations

Bangalore Office
Jasper Infotech Pvt Ltd, Salarpuria Supreme, 2nd Floor, West Wing, Outer Ring Road, Marathahalli,
Bangalore
Karnataka 560037
080 4660 3100
New Delhi Office
Snapdeal, No. 246, Okhla Industrial Estate, Phase-III
New Delhi
Delhi 110020
092126 92126
Ahmedabad Office
Snapdeal.com, Vaishali Complex, Chimanlal Girdharlal Road, Ellisbridge
Ahmedabad
Gujarat 380009

New Delhi Office
Snapdeal Corporate Office, 28, Mohan Cooperative Industrial Estate
New Delhi
Delhi
092126 93126
New Delhi Office
Snapdeal New Tech Office, 237, Okhla Phase II
New Delhi
Delhi 110020

Snapdeal amusing facts

First in India to sell Automobiles online
    1. 1
      First in India to sell Automobiles online
    2. 2
      A new product get added on Snapdeal every 30 sec
    3. 3
      Men : Women employee ratio is 1 : 2
    4. 4
      Snapdeal has adopted village in Uttar Pradesh and residents have renamed the village to Snapdeal.com

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