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Everything has to go

The Snapdeal garage sale

Making sense of what’s on sale, at what price and what’s not

25/07/17

Team Ken

Snapdeal processes 47,000 orders a day compared to the 120,000 orders a day last year. Flipkart and Amazon fulfil 300,000 orders a day, combined

All the sellers listed on Snapdeal, currently, use Unicommerce. In fact, even those on Flipkart, Shopclues, Myntra and Jabong use the company’s product  

FreeCharge at its peak did 10 million transactions a month and now does just about two million a month

Vulcan’s home seems to be now Gati. At Rs 90 crore, there is very little downside for the supply chain company

Snapdeal-garage.jpg

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When it started, it was a fairly simple deal. Existing investors won’t put any money into Snapdeal anymore or raise additional funding from any new investors and the company is to be sold lock, stock and barrel to Flipkart. All in all, a well-thought through, strategically constructed arranged marriage. Everybody wins. But, just a few…

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