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Snapdeal

New Delhi, Delhi, India E-commerce Public

Snapdeal is an Indian online marketplace for value-conscious consumers. It started in 2010 as a daily-deals site and later pivoted to full e-commerce. Since 2022 it has operated under the holding company AceVector Limited, alongside Unicommerce (e-commerce SaaS) and Stellaro Brands. SoftBank-backed Snapdeal reached a reported $6.5 billion valuation in 2016, then lost ground to Flipkart and Amazon and refocused on profitability. AceVector listed on India's NSE and BSE in October 2026.

Public Company

Snapdeal is publicly traded

This company is no longer available on our private secondary market. Shares can be traded publicly under its listed ticker.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2010

Employees

3,000–4,000

Total Funding

$1.79B

10 rounds

Last Private Valuation

$1.5B

Jan 1, 2021

Secondary Signals (Note: SetterVC does not verify the accuracy of these)

1 signal
IPO Recent IPO price Rs 32; listing price Rs 28.32 NSE; issue size Rs 420 crore 2026-10-05

AceVector (Snapdeal parent) listed on BSE/NSE at Rs 28.32, 11.5% below its Rs 32 IPO price, after a Rs 420 crore IPO subscribed 4.93x

Now publicly traded; weak debut sets a public price mark below IPO price

Funding

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Total raised $1.79B across 10 rounds

Last updated 10-06-2026

DateRoundAmount RaisedValuationLead Investors
2021 Snapdeal 2.0 / Restructuring round $100M $1.5B SoftBank
May 29, 2017 Insider round (Nexus Venture Partners & founders) $17.5M —
Feb 15, 2016 Series H TechCrunch $200M $6.5B Ontario Teachers' Pension Plan

Valuation Trajectory

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

$2B $5B 2016 2018 2020 Snapdeal

Entry · Series F (SoftBank)

$2B

Oct 2014

Snapdeal today

$1.5B

Jan 2021 · latest mark

Snapdeal multiple

0.8x

valuation uplift since first round

Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.

Leadership

  • Achint Setia

    Chief Executive Officer (CEO)

  • Kunal Bahl

    Co-Founder

  • Rohit Bansal

    Co-Founder

    LinkedIn
  • Bharat Venishetti

    Group Chief Financial Officer (AceVector)

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Flipkart

    India's largest e-commerce platform by market share (48% as of 2023), competing directly with Snapdeal across consumer goods.

  • Amazon India

    Second-largest e-commerce player in India, competing in consumer goods and marketplace services.

  • Meesho

    Social commerce platform and growing competitor in value-focused e-commerce.

  • Myntra

    Fashion-focused e-commerce platform owned by Flipkart, competes in apparel categories.

  • JioMart

    Reliance Retail's e-commerce platform, integrating online-offline with telecom and grocery focus.

  • OLX India

    Classifieds and peer-to-peer marketplace competing in secondary goods categories.

Snapdeal Investment FAQ

Snapdeal FAQ

Snapdeal's parent AceVector Limited went public on NSE (ACEVECTOR) and BSE (544962) on 5 October 2026. Its Rs 420 crore IPO (Rs 287 crore fresh issue plus a Rs 133 crore offer for sale led by SoftBank's Starfish I and Nexus Venture Partners) was priced at Rs 32 per share, valuing the company at about Rs 1,741 crore (~$182M). The shares listed at Rs 28.32 on NSE, 11.5% below the issue price.

Snapdeal shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker to place an order.

Snapdeal had a valuation of approximately $1.5B at the time of its public offering. Current market capitalization fluctuates with the share price.

Snapdeal raised $1.79B across 10 disclosed funding rounds prior to its public listing.

Snapdeal was co-founded by Kunal Bahl, and Rohit Bansal in 2010.

Snapdeal is headquartered in New Delhi, Delhi, India.

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Data collected with AI, which can make mistakes. Please double-check this information.