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Snapdeal raises $100 million

Receives funding from five investors including Premji Invest

Tags: retail, retailer, news, Snapdeal

May 21, 2014  |  comments ( 0 )  | 
Snapdeal raises $100 million

Snapdeal has raised $100 million (Rs 590 crore) in a fresh round of funding, and it has come from a group of five investors including Azim Premji.

Kunal Bahl, Co- Founder and Chief Executive of Snapdeal, in a recent media interaction, said, “This funding is a validation of our business model.”

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