Snapdeal
Founded Year
2010Stage
Angel - II | AliveTotal Raised
$1.776BRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-79 points in the past 30 days
About Snapdeal
Snapdeal is an online shopping platform that specializes in value-priced merchandise across various categories such as fashion, home, and beauty. It offers a wide selection of products that cater to the needs of value-conscious consumers, focusing on affordability without compromising on quality. Snapdeal primarily serves the e-commerce industry, with a significant customer base in non-metro areas. Snapdeal was formerly known as Jasper Infotech Private Limited. It was founded in 2010 and is based in Gurugram, India.
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Expert Collections containing Snapdeal
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Snapdeal is included in 2 Expert Collections, including E-Commerce.
E-Commerce
11,142 items
Companies that sell goods online (B2C), or enable the selling of goods online via tech solutions (B2B).
Unicorns- Billion Dollar Startups
1,258 items
Latest Snapdeal News
Jan 27, 2025
Shares of ecommerce SaaS company Unicommerce slumped nearly 5% in early trade today (January 27) to hit their all-time low at INR 134.80 apiece on the BSE, extending their losses for the fourth straight day. However, the stock pared some of its losses during the intraday trading and was quoting INR 137.35 at 11:39 AM, 3% lower than its previous close. The company made a stellar market debut in August 2024, with its shares listing at INR 230 on the BSE, a 113% premium over the IPO issue price. However, the stock has been under selling pressure lately . Unicommerce shares have ended in red in 8 out of the last 14 trading sessions. Moreover, the stock is down 38% from its listing price. At the time of writing, the market capitalisation of Unicommerce stood at INR 1,406.93 Cr (around $162.8 Mn). Founded in 2012 by Karun Singla, Ankit Pruthi and Vibhu Garg, and later joined by Manish Gupta, Unicommerce is an ecommerce SaaS company that helps sellers manage their inventory across all online marketplaces. It offers integrations with all major Indian ecommerce platforms. The company was acquired by Snapdeal in 2015 for an undisclosed amount. During the company’s earnings call for the September quarter of the financial year 2024-25 (Q2 FY25), investors expressed their worry on the integration challenges that are plaguing mergers and acquisitions in the software industry. Unicommerce’s net profit rose 21% to INR 4.47 Cr in Q2 FY25 from INR 3.69 Cr in the same quarter last year. Operating revenue jumped 13% to INR 29.30 Cr during the quarter under review from INR 25.93 Cr in Q2 FY24.
Snapdeal Frequently Asked Questions (FAQ)
When was Snapdeal founded?
Snapdeal was founded in 2010.
Where is Snapdeal's headquarters?
Snapdeal's headquarters is located at 5th-6th Floor, Cyberscape, Sector 59, Golf Course Extension Road, Gurugram (Gurgaon), Gurugram.
What is Snapdeal's latest funding round?
Snapdeal's latest funding round is Angel - II.
How much did Snapdeal raise?
Snapdeal raised a total of $1.776B.
Who are the investors of Snapdeal?
Investors of Snapdeal include Anand Piramal, Nexus Venture Partners, Rohit Bansal, Kunal Bahl, SoftBank and 23 more.
Who are Snapdeal's competitors?
Competitors of Snapdeal include Flipkart, Wish, Pepperfry, FabIndia, One97 Communications and 7 more.
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Compare Snapdeal to Competitors
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