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.
In the year 2012-13 Snapdeal had said that it expected revenues of about ₹600 crore (US$94 million). Betting big on the growth of mobile commerce, Kunal Bahl, the CEO, said at the time that 15-20 per cent of the sales on Snapdeal came through m-commerce. Snapdeal.com expected the total sale of products traded on its platform to cross ₹2000 crore (US$310 million) in the fiscal year 2013-14 helped by its robust growth in the past two years and the growing popularity of e-commerce in India. In June 2014, Snapdeal announced that it had achieved the milestone of 1000 sellers on its platform getting sales of over Rs 1 crore. Snapdeal is the fastest growing e-commerce company in India with gross sales over 3 billion dollars annually.
|Careers at Snapdeal|
Awards and recognition:-
- eRetailer of the Year & Best Advertising campaign of the year – Indian eRetail awards 2012 organized by Franchise India in Feb,2012.
- Winner of Red Herring Asia Awards 2011.
- E-commerce site of the year at WAT awards that took place in Jan 2012, Mumbai.
- Voted amongst the Buziest brands of India in afaqs’s annual buzz-making poll.