Snapdeal.com news and archive

Snapdeal raises 50 million Series C funding

E-commerce retailer Snapdeal.com has raised 50 million dollars (around Rs 270 crores) from eBay and existing investors, including a Japan-based financial institution. The buzz in the investment was led by eBay with participation from existing investors Bessemer Venture Partners, Nexus Venture and Indo-US Venture Partners. With this round,...

Apparel

Indian e-tailers expect apparel sales to grow in 2013

With an increase in demand for online shopping for apparels and recent research reports suggesting a boom in e-commerce especially in apparels, e-retailers in the country are foreseeing a boost in apparel sales by the end of 2013. Leading e-retailers are buoyant about the seasons ahead owing to an increasing in demand based on reach, comfort,...

Apparel

Snapdeal to introduce online stores

After a successful stint on the e-commerce platform, Snapdeal.com is vying to offer more to its customers by launching online stores. After the e-platform announced its foray into ‘brand stores’ concept, it now plans to introduce thousands of local retailers online, who couldn’t reach out to the growing number of consumers buying online. Each...

Apparel

V-Day fever perks up online lingerie sales

Eyeing a huge opportunity, e-platforms are cashing in on the demand for exclusive collections on special occasions like Valentine’s Day. Apart from chocolates and roses, websites wooed youngsters with offers like seductive lingerie and erotic books. Since shopping online offers the much required privacy to order products like innerwear, condoms...