snapdeal journey from 2010-2015

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Snapdeal's vision is to make India's most impactful computerized trade biological community that makes extraordinary encounters for purchasers and dealers.

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Snapdeal's vision is to make India's most impactful computerized trade biological community that makes extraordinary encounters for purchasers and dealers.

In February 2010, Kunal Bahl alongside Rohit Bansal, began Snapdeal.com - India's biggest online commercial center, with the most stretched out combination of 12 million+ items crosswise over 500+ different classifications from a huge number of provincial, national, and worldwide brands and retailers.With a great many clients and 150,000 merchants, Snapdeal is the shopping destination for web clients the nation over, conveying to 5000+ urban areas and towns in India. With its securing of Freecharge in 2015, a main versatile exchanges stage, Snapdeal has turned into the biggest m-Commerce organization in the nation. In its excursion till now, Snapdeal has banded together with a few worldwide marquee financial specialists and people, for example, SoftBank, BlackRock, Temasek, eBay Inc., Premji Invest, Intel Capital, Bessemer Venture Partners, Mr. Ratan Tata, among others.

SNAPDEAL JOURNEY ● February 2010 : Gets launched as online deals merchant by Kunal Bahl and Rohit

Bansal● June 2010 : Acquires Grabbon, a Bangalore-based deals company● January 2011 : Attracts first investor, Nexus Venture, and receives $10 million

investment

● July 2011 : Gets $45 million more as Bessemer Venture Partners jumps on the investment bandwagon

● December 2011 : Decides to shut down deals to become online marketplace offering products to consumers

● January 2012 : Initiates marketplace as first 10 sellers come on board to sell their wares

● April 2012 : Acquires eSportsbuy.com, an Indian online sports goods retailer

● December 2012 : Closes the year with 1000 sellers on board selling their products

● April 2013 : Gets investment from global e-commerce giant, eBay

● April 2013 : Launches TrustPay - a consumer protection service

● May 2013 : Acquires Shopo.in, popular online shopping website

● July 2013 : Hits a milestone with 20k+ seller on board now

● February 2014 : Receives second round of funding from eBay - $133.77 million

● April 2014 : Continues its acquisition spree by buying Doozton.com, a fashion and

lifestyle website

● August 2014 : Gets another investment boost with investments from industrialist

Mr. Ratan Tata, Launches Capital Assist to enable sellers meet their growing working

capital requirement.

● October 2014 : Gets whopping $627 million funding from Japanese multinational

corporation, Softbank

● January 2015 : Debuts in TV commerce with launch of DEN-Snapdeal TV shop● February 2015 : Acquires another lifestyle website, Exclusively.com● March 2015 : Acquires majority stake in Rupeepower.com, Gets into strategic

partnership with GoJavas, for better delivery services● April 2015 : Acquires Freecharge, India's leading website for online recharges

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