Total amount raised
$1.78 Billion
Latest funding date
2019-07-23
Location
Snapdeal is an e-commerce platform that offers a wide range of products including clothing, shoes, and home decor items for men, women, and kids. Key features include free delivery, a 7-day easy return policy, and competitive pricing.
The platform also provides a blog, a help center, and an option for sellers to list their products. Users can search for brands and products, log in to their accounts, view their cart, and download the Snapdeal app.
What Is Snapdeal?
Snapdeal is a prominent e-commerce platform in the industry, offering a diverse range of products such as clothing, shoes, and home decor items for men, women, and kids. The platform is designed to cater to the Indian market, as highlighted by its tagline "Made for Bharat."
While specific details about the company's founding year, location, and founders are not provided, Snapdeal is known for its user-friendly features like free delivery, a 7-day easy return policy, and competitive pricing. Additionally, it offers resources such as a blog, a help center, and options for sellers to list their products.
How Much Funding Has Snapdeal Raised?
- Series D
- Amount Raised: USD 133,699,998
- Date: February 2014
- Lead Investors: eBay
- Series E
- Amount Raised: USD 100,000,000
- Date: May 2014
- Lead Investors: BlackRock, Ratan Tata
- Series Unknown
- Amount Raised: USD 627,000,000
- Date: October 2014
- Lead Investors: SoftBank Telecom Corp
- Series Unknown
- Amount Raised: USD 500,000,000
- Date: August 2015
- Lead Investors: Alibaba Group, Foxconn Technology Group, SoftBank Telecom Corp
- Series J
- Date: January 2016
- Debt Financing
- Date: February 2016
- Secondary Market
- Amount Raised: USD 200,000,000
- Date: February 2016
- Lead Investors: Ontario Teachers' Pension Plan
- Series Unknown
- Amount Raised: USD 21,000,000
- Date: August 2016
- Lead Investors: Clouse SA
- Series Unknown
- Amount Raised: INR 1,133,000,000
- Date: May 2017
- Lead Investors: Nexus Venture Partners
- Series Unknown
- Date: July 2019
- Lead Investors: Anand Piramal
Snapdeal has raised a total of USD 1,581,699,998 in funding.
Key Investors
- SoftBank Telecom Corp
- Details: SoftBank Telecom Corp is a Japanese multinational conglomerate holding company. It is known for its investments in technology, energy, and financial sectors.
- Investment Focus Areas: Technology, telecommunications, energy, financial services
- Notable Investments: Alibaba Group, WeWork, Uber
- Alibaba Group
- Details: Alibaba Group is a Chinese multinational conglomerate specializing in e-commerce, retail, internet, and technology. It is one of the world's largest retailers and e-commerce companies.
- Investment Focus Areas: E-commerce, cloud computing, digital media, entertainment
- Notable Investments: Lazada, Ant Financial, Ele.me
- Foxconn Technology Group
- Details: Foxconn Technology Group, also known as Hon Hai Precision Industry Co., Ltd., is a Taiwanese multinational electronics contract manufacturer. It is the world's largest provider of electronics manufacturing services.
- Investment Focus Areas: Electronics, semiconductors, telecommunications, information technology
- Notable Investments: Sharp Corporation, Byton, Belkin
- BlackRock
- Details: BlackRock is an American global investment management corporation. It is the world's largest asset manager, with trillions of dollars in assets under management.
- Investment Focus Areas: Financial services, technology, healthcare, energy
- Notable Investments: Apple, Microsoft, Amazon
- eBay
- Details: eBay is an American multinational e-commerce corporation that facilitates consumer-to-consumer and business-to-consumer sales through its website. It is one of the largest online marketplaces in the world.
- Investment Focus Areas: E-commerce, online payments, retail
- Notable Investments: PayPal, StubHub, Magento
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