@snapdeal.com
On Snapdeal you can Shop Online for Men & Women Clothing, Shoes, Kid's fashion, Home Decor & Kitchen Appliances & Much More! Get Free Shipping with COD in India
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Snapdeal is an Indian e-commerce company that was founded in February 2010 by Kunal Bahl and Rohit Bansal. The company is headquartered in New Delhi, India. Snapdeal started as a daily deals platform, similar to Groupon, but later expanded its operations to become a full-fledged online marketplace.
Snapdeal offers a wide range of products across various categories, including electronics, fashion, home appliances, furniture, books, and more. It provides a platform for sellers to showcase their products and connects them with potential buyers. The company also offers various services such as order tracking, easy returns, and customer support.
On a global scale, Snapdeal primarily focuses on the Indian market and caters to the diverse needs of its customers throughout the country. As of now, the company does not have any noteworthy subsidiaries, joint ventures, or partnerships that have gained significant traction on a global scale. In terms of market position, Snapdeal is one of the largest e-commerce players in India.
It competes with other major Indian e-commerce platforms like Flipkart and Amazon India. While both Flipkart and Amazon India hold a larger market share, Snapdeal continues to be a strong competitor by offering competitive prices and a wide selection of products. Snapdeal has experienced several major events and achievements since its inception.
In 2014, the company announced a funding round of $1 billion, led by SoftBank. This investment enabled Snapdeal to expand its operations and strengthen its position in the market. However, in 2017, Snapdeal faced financial challenges, leading to layoffs and a restructuring of the company.
Currently, Snapdeal is focused on streamlining its operations and enhancing the customer experience. It continues to innovate and adapt its strategies to keep up with the dynamic e-commerce landscape in India. The latest update on Snapdeal's current status indicates that the company is gradually regaining traction and stabilizing its position in the market.
In conclusion, Snapdeal is an Indian e-commerce company that provides a wide range of products and services to customers across India. Despite facing challenges in the past, the company remains one of the major players in the Indian e-commerce industry and continues to strive for growth and success
Company Type
Privately Held
Company Size
501-1000
Year Founded
2010
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