Search results
Results From The WOW.Com Content Network
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 5 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]
[6] [7] In 2022, the company assumed the group corporate identity of AceVector, which houses multiple businesses such as Snapdeal, Unicommerce, and Stellaro Brands. [ 8 ] He is the Promoter of Unicommerce, a SaaS company in India, which had its IPO in 2024 becoming on the most highly subscribed IPOs of the year.
Bansal cofounded Snapdeal along with his school friend Kunal Bahl on February 4, 2010. [ 6 ] [ 7 ] In February 2020, Snapdeal invested in a startup Sanfe that deals in female hygiene products. It also invested in Ola , Bira, Razorpay, Beardo.
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, after the buy out of Ibibo by rival MakeMyTrip. The deal was for approximately US$400 million in cash and stock. [2] [3] On 27 July 2017, Axis Bank acquired Freecharge for $60 million. [4]
Kunal Shah is married to Bhavna Shah, [2] who works as a freelance graphic designer. Kunal is known for his active presence on social media platforms, where he often shares insights on various topics including entrepreneurship and consumer behavior.
In 2015, he left Bharti airtel and then he joined as the CPO of Snapdeal. [1] In 2016, he resigned from Snapdeal. [6] In 2016, he joined as the Director of Platform Partnerships for Messenger at Facebook. [7] He worked at Facebook for three years and left at 2019. He was the executive vice president of product management at Five9. [8]
Jason Kothari is an entrepreneur and business leader, known as a turnaround expert. [1] He is the former CEO of Housing.com [2] and FreeCharge. [3] Previously, Kothari was the Chief Strategy and Investment Officer at Snapdeal. [4]
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.