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Snapdeal is an Indian e-commerce company, based in New Delhi, India. It was founded in February 2010 by Kunal Bahl and Rohit Bansal. [3] Snapdeal is one of the top 10 online marketplaces in India. [4] Snapdeal targets the value e-commerce segment, which Bahl estimated to be three times larger than the branded goods market. [5]
Freecharge is an Indian financial services company based in Gurgaon. It allows users to pay bills such as electricity, gas and telephone, as well as recharge mobile, broadband, DTH and metro cards. On 8 April 2015, Snapdeal acquired Freecharge in what was referred to as the second biggest takeover in the Indian e-commerce sector at the time ...
India's e-commerce market was worth about $3.9 billion in 2009. As per "India Goes Digital", [10] a report by Avendus Capital, the Indian e-commerce market is estimated at ₹28,500 crore ($6.3 billion) for the year 2011. Online travel constitutes a sizable portion (87%) of this market today. Online travel market in India had a growth rate of ...
Bahl co-founded the e-commerce company Snapdeal in 2010. [6] [7] In 2022, the company assumed the group corporate identity of AceVector, which houses multiple businesses such as Snapdeal, Unicommerce, and Stellaro Brands.
Alma mater. Indian Institute of Technology Delhi Delhi Public School, R. K. Puram. Occupation. COO Snapdeal. Spouse. Parul Bansal. Children. 2. Rohit Bansal is an Indian entrepreneur, co-founder and COO of e-commerce company Snapdeal. [1][2][3]
Website. www.croma.com. Infinti Retail Limited (d/b/a Cromā) is an Indian retail chain of consumer electronics and durable goods, it is a subsidiary of the Tata Digital. [3][4] Croma offers over 16,000 products across 550+ brands through its stores spread in numerous major cities of India. Croma has significantly increased its footprint with ...
Current status. Active. ShopClues is an Indian online marketplace, owned by Clues Network Pvt. Ltd.[2] The company was established in July 2011 by Sanjay Sethi, Sandeep Aggarwal and Radhika Aggarwal. [3][4] In 2015, ShopClues was valued at US$1.1 billion, [5] with Tiger Global, Helion Ventures, and Nexus Venture Partners as major investors. [2]
[41] [42] In July 2017, Flipkart made an offer to acquire its main domestic competitor, Snapdeal, for US$700 to 800 million. It was rejected by Snapdeal, which was seeking at least US$1 billion. [43] In August 2018, American retail chain Walmart acquired a 77% controlling stake in Flipkart for US$16 billion, valuing Flipkart at around US$20 ...