Type of site
PrivateFounded2010[1]HeadquartersNew Delhi, IndiaArea servedIndiaFounder( s) Kunal Bahl, Rohit BansalIndustryInternetServicesE-Commerce
( Internet Shopping) Employees9000ParentJasper InfotechWebsite https://snapdeal.com
Snapdeal is an B2C marketplace, based inNew Delhi, India. The company was started byKunal 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. Snapdeal currently has 275, 000 sellers, over 30 million products and a reach of 6, 000 towns and cities across the country[2]Investors in the company include SoftBank Corp, Ru-Net Holdings, Tybourne Capital, PremjiInvest, Alibaba Group, Temasek Holdings, Bessemer Venture Partners, IndoUS Ventures, Kalaari Capital, Saama Capital, Foxconn Technology Group, Blackrock, eBay, Nexus Ventures, Intel Capital, Ontario Teachers’ Pension Plan, Singapore-based investment entity Brother Fortune Apparel andRatan Tata.[3] When Snapdeal acquiredFreeCharge[4] in an equity deal, investors Sequoia Capital India, Valiant Capital, Sofina, Ru-Net Holdings, and Tybourne Capital also became shareholders in Snapdeal.