Snapdeal is an online marketplace, New Delhi, India. The company was started by Kunal Bahl, a Wharton graduate as part of the dual degree M& T Engineering and Business program at Penn, and Rohit Bansal, an alumnus of IIT Delhi in February 2010.[3] Investors in the company include SoftBank Corp, Ru-Net Holdings, Tybourne Capital, PremjiInvest, Temasek Holdings, Bessemer Venture Partners, IndoUS Ventures, Kalaari Capital, Saama Capital, Nexus Ventures, Intel Capital, and Ratan Tata.[4] When Snapdeal acquired FreeCharge[5] in an equity deal, investors Sequoia Capital India, Valiant Capital, Sofina, Ru-Net Holdings, and Tybourne Capital became shareholders in Snapdeal.