Snapdeal

About

Snapdeal is India's leading value e-commerce platform

Gurgaon,Haryana,India
1001 - 5000
https://www.snapdeal.com

Highlights

Details

Last Funding Type: Series C
Last Funding Money Raised: $50M
Industries: E-Commerce
Founded date: Feb 4, 2005
Number Of Employee: 1001 - 5000
Operating Status: Active
Legal Name: Snapdeal Private Limited
Also Known As: Jasper Holding Company

Snapdeal, India's largest online marketplace features best-priced deals on branded products like mobile phones, electronics, computer peripherals, apparels, cosmetics, perfumes, watches, bags, sunglasses, footwear, kitchenware and more.

Launched in February 2010, Snapdeal.com is the market leader in the retail services deals space and is the largest e-retailer of watches, sunglasses, jewelry, among other categories. It has been rated as the number 1 e-commerce site in India by Dataquest/Sapient E-commerce Survey 2011.

A dynamic and vibrant company, Snapdeal provides a fun working environment for its employees and is currently 1000+ people strong. Investors in the company include Bessemer Venture Partners, IndoUS Ventures, and Nexus Venture Partners.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

14

$1.75B ₹1.13B

Snapdeal has raised a total of $1.75B ₹1.13B in funding over 2 rounds. Their latest funding was raised on Jul 23, 2019 from a Series Unknown round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jul 23, 2019	Series Unknown	—	1	Anand Piramal	—	Detail
May 29, 2017	Series Unknown	₹1.13B	3	Nexus Venture Partners	—	Detail
Aug 26, 2016	Series Unknown	$21M	1	Clouse SA	—	Detail
Feb 14, 2016	Secondary Market	$200M	2	Ontario Teachers' Pension Plan	—	Detail
Jan 1, 2016	Series J	—	1	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

17

7

Snapdeal has made 17 investments. Their most recent investment was on Oct 4, 2022, when Lasso Labs raised $4.20M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Oct 4, 2022 Lasso Labs	Seed	$4.20M	Cryptocurrency	—
Oct 1, 2022 Juno	Series A	$18M	Banking	—
Feb 16, 2022 Entri	Series A	₹530M	E-Learning	—
Oct 27, 2021 OSlash - Text Expander and Keyboard Shortcuts	Seed	$2.50M	Information Technology	—
Aug 31, 2021 XMTP	Series A	$20M	Communications Infrastructure	—

Investors

Number of Lead Investors

Number of Investors

18

26

Snapdeal is funded by 26 investors. Anand Piramal and Nexus Venture Partners are the most recent investors.

Investor Name	Lead Investor	Funding Round
Anand Piramal	Yes	Series Unknown
Nexus Venture Partners	Yes	Series Unknown
Clouse SA	Yes	Series Unknown
Ontario Teachers' Pension Plan	Yes	Secondary Market
Alibaba Group	Yes	Series Unknown
Foxconn Technology Group	Yes	Series Unknown
SoftBank Telecom Corp	Yes	Series Unknown
Ratan Tata	Yes	Series Unknown
eBay	Yes	Series D
SoftBank Capital	Yes	Series Unknown

Employee Profiles

Number of Employee Profiles

14

Snapdeal has 14 current employee profiles, including Executive Rohit Bansal

Executive

Board member

Executive

Executive

Executive

Exits

Snapdeal has had 5 exits. Snapdeal most notable exits include Bewakoof , Vulcan Express

Date	Company Name	Exit Type	Industry
Nov 28, 2022	Bewakoof	M&A	E-Commerce	Detail
Jan 25, 2018	Vulcan Express	M&A	Delivery Service	Detail
Oct 31, 2017	NuvoEx	M&A	E-Commerce	Detail
Jul 27, 2017	FreeCharge	M&A	Coupons	Detail
May 30, 2013	Shopo	M&A	E-Commerce	Detail

Acquisition

Snapdeal has acquired 11 organizations. Their most recent acquisition was Grabbon.com on Jun 1, 2010. They acquired Grabbon.com for 0.

Date Company Name	Industry	Acquisition Type	Price
Jun 1, 2010 Grabbon.com	E-Commerce	—	—	Detail
Apr 3, 2012 eSportsBuy.com	E-Commerce	acquisition	—	Detail
May 30, 2013 Shopo	E-Commerce	—	—	Detail
Apr 15, 2014 Doozton	E-Commerce	—	—	Detail
Dec 12, 2014 Wishpicker (Acquired by Snapdeal)	E-Commerce	acquisition	—	Detail