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• Snapdeal was founded in February, 2010 and in a short span of four years, has become India’s largest online marketplace for businesses to reach sell their products to consumers nationwide, a model that the company pioneered in the Indian market.
• Snapdeal’s mission is to create life changing experiences for small businesses in India that account for 93% of India’s retail industry
• Snapdeal.com
has over 25 million subscribers and has a fan base of 2 million+ on social media sites such as Twitter and Facebook.
• Snapdeal.com currently has around 50,000 unique businesses selling on the site, over 5 million unique products listed on the site and is delivering products to 5000+ towns and cities across India
• Snapdeal.com is run by a very young, dynamic & Innovative team of 1500+ team members, and is backed by leading global strategic and financial investors including eBay Inc., Temasek, BlackRock, Premji Invest, Intel, Nexus Venture Partners, NEA-IndoUS Venture Partners, Bessemer Venture Partners, Recruit Corp (Japan), Silicon Valley Bank, Myriad, among others.
• The company witnessed phenomenal growth in 2013-14, growing 600% from 2012-13 to 2013-14.
• Snapdeal has been leading the m-commerce revolution in India, with around 60% of its orders coming from mobile phones.
• Snapdeal’s one-of-a-kind proprietary logistics platform, SafeShip, provides a platform for logistics companies across India to cater to the fulfillment needs of merchants on the Snapdeal platform to ship products across the country in a seamless and trackable manner.
• Snapdeal also runs a buyer-seller protection service, TrustPay, which provides an escrow type facility to ensure high trust transactions on the marketplace.
• Recently, the company launched Snapdeal Plus, a warehousing and inventory management service for its sellers to enable faster shipping and reduced complexity of managing their supply chain
• Snapdeal features the largest selection of 5 million+ products in the e-commerce space in India across various categories like Apparel, Mobiles & accessories, Watches & bags, Electronics & cameras, Computers & Peripherals, Perfumes, Beauty & Health, Footwear, Home décor, Kitchenware amongst others.
