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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 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]
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]
[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.
If you want to watch Super Bowl LIX for free, here's how. We break down where it will be streaming, as well as how to get an antenna to do the work for you.
Here lies the exception that applies to you. If you are still employed then you don’t have to take RMDs from the plan that your current employer sponsors.
After lawyers for TikTok appeared before the Supreme Court on Friday and received a skeptical reception, it seems only a few pathways remain for the platform’s future in the U.S.. If the Supreme ...
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.
Rohit Bansal is an Indian entrepreneur, co-founder and COO of e-commerce company Snapdeal. [1] [2] [3] Early life. Bansal was born in Malout, Punjab India. [4]