Snapdeal.com one of the leading e-commerce portals has revealed that Ratan Tata, Chairman of Emeritus, Tata Sons has made a personal investment in the company. This is a very proud and prestigious moment for the e-retailer has a renowned personality across the globe has invested in the company. And this investment will also bring lot of recognition for the company.
Commenting about this announcement, Kunal Bahl, co-Founder & CEO, Snapdeal.com said, “This is a very proud and exciting moment for the entire Snapdeal family. An investment by a legendary and respected figure like Ratan Tata is an excellent validation of our focused strategy on building a long term enterprise and marks the start of a very important phase for the company.”
Presently, Snapdeal.com has witnessed 600% growth since last two years and at present it houses over 5 million products across 500+ diverse categories from over 50,000 sellers. Moreover, the company has a workforce of 1,500 employees, who work to create life changing experiences for its customers.