Snapdeal one of the most trusted e- commerce website in New Delhi, India. Mr. Kunal Bahl started the company & currently the site has 275,000 sellers, 30 million-plus products, and a reach of 6,000 towns. So it’s a real wonder to see how a small start-up established in 2010 became a company worth billions.
Fastest growing e-commerce company Snapdeal was not a result of just days. It took months, years of hard work and brilliant thinking to make it possible. Just like Alibaba it’s a success story within a little span of time.
It was not as easy and as royal as it sounds now. Mr. Bhal himself admitted it was a result of hard failures and a lot of mistakes. Beginning with his friend Rohit Bansal and making it this huge needs a lot of guts to do so.
Firstly, Snapdeal started off as an e-coupon company, on the lines of the US giant Groupon, but after a year of waiting outside restaurants and convincing them to come on board, Bahl and his partner decided that their company was losing track.And then this happened.
It was a visit to China in 2011 where Bahl and his friend Rohit learnt about the e-commerce boom, specifically with the focus on Alibaba, the biggest e-commerce company in the world. That Alibaba became an inspiration for Snapdeal, thinking of big and putting a lot of efforts to make it possible anyway worked for them.