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May 12, 2021 · Value e-commerce - an e-commerce business model that focuses on good quality products at low prices. The starting point for value e-commerce is a “value-for-money” price-quality equation and ...
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- Snapdeal - About
- Snapdeal - Industry
- Snapdeal - Founders and Team
- Snapdeal - Startup Story
- Snapdeal - Mission and Vision
- Snapdeal - Business Model
- Snapdeal - Revenue Model
- Snapdeal - ESOPs
- Snapdeal - Challenges Faced
- Snapdeal - Funding and Investors
Founded in 2010 by Kunal Bahl and Rohit Bansal, Snapdeal stands as India's premier pure-play value e-commerce platform, ranking among the top online lifestyle destinations. Snapdeal comes under AceVector Group. With a commitment to provide high-quality products at competitive prices, Snapdeal wants to make shopping enjoyable and dependable for the ...
According to Mordor Intelligence, the India e-commerce market is expected to increase significantly, from its anticipated value ofUSD 112.93 billion in 2024 to USD 299.01 billion by 2029 at a compound annual growth rate of 21.5%. Smartphone use and greater internet accessibility are two of the elements driving this trend. The report highlights the ...
Kunal Bahl and Rohit Bansal are the founders of Snapdeal. They started as high school friends and then went on to become business partners when they launched Snapdeal. Believe it or not, together, this duo walked away from a merger deal offered by Flipkart and envisioned and adopted an evaluated focus on the 400 million value-conscious Indian consu...
Back in 2010, when the founders, Kunal Bahl and Rohit Bansal, wanted to start their venture, they came up with an offline couponing business, which was named MoneySaver. This company sold around 15,000 coupons in three months, and that’s exactly when it was time to notch this business to a level up. And hence, Snapdeal wasfounded on February 4, 201...
Themission of Snapdeal is to become the leading value lifestyle omni-channel platform in India. The vision is to enable Bharat's consumers to purchase with confidence and value so they can happily fulfill their dreams. Driven by state-of-the-art technology and a personalized, bilingual interface, Snapdeal is committed to reinventing innovative and ...
Snapdeal operates the digital B2C (Business to customer) marketplace, which allows third-party sellers to sell their products on the website directly to customers. The company operates a portfolio business model. Snapdeal, at its core, operates a matchmaking business model, where it connects online sellers directly to online buyers. It also offers ...
Snapdeal has a diverserevenue strategy, but its main source of income is commissions from sellers, which are calculated as a percentage of the products sold on the platform. This commission-based strategy guarantees a win-win partnership with sellers by directly linking their performance to Snapdeal's income. Additionally, Snapdeal uses marketing c...
Snapdeal has significantly increased its Employee Stock Option (ESOP) pool by 151%, as reported on October 13, 2021. Shareholders approved a resolution to boost the Employee Stock Option Scheme 2016 from 1,98,890 to 5,00,000. This move highlights Snapdeal's commitment to employee engagement and positions the company strategically for future growth....
Every company faces its unique set of challenges, and Snapdeal is no exception. Before Amazon's $3 billion investment and entry into the Indian market in 2016, Snapdeal, which was ranked as the second-best online shopping destination behind Flipkart, faced a significant change in the market. This was the start of a very difficult battle for Snapdea...
Snapdeal hasraised a total of $1.8 billionin funding over 14 rounds. Here is a list of all the funding rounds for Snapdeal:
Snapdeal also helps businesses to expand their business by offering them low interest business loans through Capital Assist. As of 2016, Snapdeal has 3000,000 sellers on its platform. Delivery — Value Chain. Snapdeal’s website provides an online platform which allows consumers to select a range of products from different worldwide brands.
- Aarti Goel. Armed with self-conviction and the yearning to do something great, Aarti Goel went past societal opposition to follow her passion. She knew that she had the talent and desire to do more than being a good home maker.
- Gaurav Goel. A testament to human ambition and innovation, Gaurav Goel wanted to take his successful Kolkata-based multi-branch electronics business online.
- Balaji. Hailing from a family of saree manufacturers, Balaji was a successful IT professional. He was well aware that selling sarees online would be a mammoth task since women like to explore numerous options before choosing a favourite.
- Darshan Rajpara. Rajkot’s Golden Boy, Darshan always knew that the way to have an edge over the others would be by create novel & innovative products from scratch.
Feb 9, 2021 · Snapdeal, an Indian online marketplace, started in 2010 by Kunal Bahl and Rohit Bansal. Within six years of commencing business, the e-commerce startup commanded a market valuation of $6.5 billion. It counted Ratan Tata, Softbank, Nexus venture, and Kalaari Capital as its investors. The Company made multiple acquisitions throughout these six ...
Snapdeal is India's leading pure-play value Ecommerce platform. Founded in 2010 by Kunal Bahl and Rohit Bansal, Snapdeal is one of the top four online lifestyle shopping destinations of India. Snapdeal brings together a wide assortment of good quality and value- priced merchandise on its platform.
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Nov 12, 2020 · Kunal Bahl doesn’t like to give up easily. And certainly not without a fight. A pioneer in the Indian ecommerce industry, Bahl co-founded Snapdeal—one of the country’s earliest unicorns—in ...
