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Rohit bansal and Kunal bahl were the founders of snapdeal.com, initially snap deal was started as a couponing site and where it had a huge success by selling its coupons and in 2011, on a trip to china made them get inspired by seeing alibaba, and they wanted to transform their couponing site to marketplace, that gave an start to the snap deal marketplace and Nexus partners were the first to invest in the business in 2010, it was a good move by the team to convert snapdeal to a marketplace. Now it has turned to a huge marketplace with 150000+ sellers with 2+ crore products, delivering across 5000 cities the game for them still continues.
Snapdeal has acquired many websites from 2010 from the launch of their couponing to marketplace platform. Come on let’s see the sites that snapdeal has acquired till date.
Grabon.com which was the Bangalore based deals platform, it was acquired to strengthen their deals website across India,
Esportsbuy.com it’s an online sports retailer. It was acquired by snapdeal in April 2012 to strengthen its marketplace with sports goods.
Shopo.in it was one of the popular online shopping website, it was acquired in May 2013
Doozton.com it’s a fashion and lifestyle platform enabling customers to purchase fashion items, it was acquired in April 2014.
Exclusively.com an another fashion and lifestyle platform was acquired in Feb 2015
In March 2015, it acquires majority of stake in ruppeepower.com and followed by next month April 2015 it acquires Freecharge.in the portal for recharging.
Category and products that are trending in Snapdeal.
Snapdeal revealed that 10 Mobiles are being sold every minute, 1 out of 4 DSLRs are sold out from Snapdeal, 1 Saree is being sold out every 12 seconds, 1 Refrigerator sold out every 50 seconds, 700 Mahindra Centuro bikes have been sold out, 1 Laptop sold every 2 mins, 110 Scorpios has been sold out in their Vehicle selling launch, 1 AC sold every min.
Snapdeal Trending Ad
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