Snapdeal
Founded Year
2010Stage
Angel - II | AliveTotal Raised
$1.776BRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-98 points in the past 30 days
About Snapdeal
Snapdeal is an online shopping platform specializing in value-priced merchandise across various categories such as fashion, home, and beauty. The platform offers a wide selection of products that cater to the needs of value-conscious consumers, focusing on affordability without compromising on quality. Snapdeal primarily serves the e-commerce industry, with a significant customer base in non-metro areas. Snapdeal was formerly known as Jasper Infotech Private Limited. It was founded in 2010 and is based in Gurugram, India.
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Expert Collections containing Snapdeal
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Snapdeal is included in 2 Expert Collections, including E-Commerce.
E-Commerce
11,046 items
Companies that sell goods online (B2C), or enable the selling of goods online via tech solutions (B2B).
Unicorns- Billion Dollar Startups
1,249 items
Latest Snapdeal News
Nov 4, 2024
SHARE SUMMARY Kumar has resigned from his role as managing director and chief executive officer after seven years for “better opportunities” In 2017, he joined OLX Group as the vice president Before joining OLX, Kumar worked with notable companies like Snapdeal, Jabong.com, Times Internet among others FOLLOW US CarTrade-owned online classifieds platform OLX India’s Amit Kumar has resigned from his role as managing director and chief executive officer after seven years for “better opportunities”. “… we wish to inform that Amit Kumar, managing director and CEO of subsidiary company has tendered his resignation from the directorship and his position, effective January 31, 2025,” the company said in a statement. This resignation marks the end of Kumar’s seven-year long stint at OLX. In 2017, he joined OLX Group as the vice president and later got promoted to the position of CEO for OLX’s Auto business in India. In 2022, he was elevated to the position of CEO for OLX India Group. RECOMMENDED FOR yOU Before joining OLX, Kumar worked with notable companies like Snapdeal, Jabong.com, Times Internet among others. It is pertinent to note that, last year, OLX’s parent company was acquired by CarTrade in an INR 535.54 Cr deal. Under this acquisition, the listed startup acquired 100% stake in Sobek Auto India Private Limited, consisting of the OLX classifieds platform and OLX Autos C2B transaction business. (The story will be updated soon) Loading Next… Share on In-Depth Stories You have reached your limit of free stories This Diwali, Get Up To 74% Off On Inc42 Plus Become A Startup Insider With Inc42 Plus Inc42 Plus Diwali Offer Ends In 3 YEAR PLAN Discover Startups & Business Models Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation. How-To’s on Starting & Scaling Up Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success. Identify Trends & New Markets Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions. Track & Decode the Investment Landscape Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more. Community Perks Join a community of 10,000+ leaders & operators – unlock unlimited access to Inc42 stories, videos, deals, member-only perks, and more.
Snapdeal Frequently Asked Questions (FAQ)
When was Snapdeal founded?
Snapdeal was founded in 2010.
Where is Snapdeal's headquarters?
Snapdeal's headquarters is located at 5th-6th Floor, Cyberscape, Sector 59, Golf Course Extension Road, Gurugram (Gurgaon), Gurugram.
What is Snapdeal's latest funding round?
Snapdeal's latest funding round is Angel - II.
How much did Snapdeal raise?
Snapdeal raised a total of $1.776B.
Who are the investors of Snapdeal?
Investors of Snapdeal include Anand Piramal, Nexus Venture Partners, Kunal Bahl, Rohit Bansal, SoftBank and 23 more.
Who are Snapdeal's competitors?
Competitors of Snapdeal include Flipkart, Wish, Pepperfry, FabIndia, One97 Communications and 7 more.
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Compare Snapdeal to Competitors
Coutloot is an online retail aggregator specializing in non-grocery items within the e-commerce sector. The platform enables users to open an online store and sell products such as fashion, electronics, and home decor, aiming to digitize the supply chain in India. Coutloot primarily serves small businesses and offline stores looking to expand their sales online. It was founded in 2016 and is based in Mumbai, India.
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