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Who is the competitor of myntra?

Who is the competitor of myntra?

Myntra’s top competitors include HSN, Amazon, Flipkart, Snapdeal, LimeRoad, Yepme, Zopper, Voonik, GoRootz and Fynd. Myntra is a company which offers an e-commerce store for fashion and lifestyle products.

What kind of company is snapdeal?

Indian e-commerce company
Snapdeal is an Indian e-commerce company, based in New Delhi, India. The company was founded in February 2010 by Kunal Bahl and Rohit Bansal, alumni of The Wharton School and Indian Institute of Technology Delhi respectively.

How many employees are there in snapdeal?

Snapdeal also has around 800 contractual workforce.

Who is Amazon’s competitor in India?

As the Indian ecommerce market continues to strengthen, Flipkart is one of Amazon’s biggest competitors in the region.

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Who are the competitors of Nykaa?

Nykaa’s top competitors include Birchbox, Naaptol, L’ATELIER DU SOURCIL and Dermage. Nykaa is an operator of an e-commerce portal designed to sell cosmetics and beauty products online.

Who is CEO of myntra?

Amar Nagaram (Jan 2019–Dec 31, 2021)
Nandita Sinha (Jan 1, 2022–)
Myntra/CEO
Myntra Appoints Nandita Sinha as CEO: All You Need to Know About New Myntra CEO. Nandita succeeds Amar Nagaram, who quit Myntra last month after leading the company as the CEO for nearly three years.

Who funded Snapdeal?

Snapdeal is one of the most funded companies in India. Till date, it has received total funding worth $1.78 billion….Snapdeal.

2017 FreeCharge sold to Axis Bank for Rs 385 crore in all-cash
2014 Gets $627 million funding from Japanese multinational corporation, Softbank

Who invested in Snapdeal?

In its journey till now, Snapdeal has partnered with several global marquee investors and individuals such as SoftBank, BlackRock, Temasek, Foxconn, Alibaba, eBay Inc., Premji Invest, Intel Capital, Bessemer Venture Partners, Mr. Ratan Tata, among others.

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Who is CEO of Snapdeal?

Kunal Bahl (Feb 2010–)
Snapdeal/CEO

Why did Snapdeal failed?

Seven years after it was founded, an imminent shutdown loomed over the Gurugram-headquartered company after a failed merger with Flipkart. It was left with inadequate funds, enough to barely last a month.

Is Flipkart losing market share to Snapdeal?

Flipkart remains the leader despite a fall in market share to 37\% from 43\%. Snapdeal, which moved to a marketplace model four years ago, is now playing catch up with its two main competitors. Bahl’s bluster has since dried, possibly a direct consequence of the underwhelming performance of his company against competitors.

How many products are there in Snapdeal?

It has the widest assortment of 35 million plus products across 800 plus diverse categories from over 125,000 regional, national, and international brands and retailers. With millions of users and more than 300,000 sellers, Snapdeal is the online shopping site for Internet users across the country, delivering to 6000+ cities and towns in India.

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What is Snapdeal’s business model?

Snapdeal operates the digital B2C (Business to customer) marketplace, which allows third-party sellers to sell their products on the website directly to customers. The company operates a portfolio business model; the company at its core operates a matchmaking business model, where it connects online sellers directly to online buyers.

What is the niche of Snapdeal?

It has its own niche in the sphere of e-commerce in India that it has set with its impressive range of discounts and product categories. Know about Snapdeal Owner, Business Model, Founder, Company Profile, Funding, Valuation, Acquisitions, Competitors, Revenue Model and Growth in the article ahead. How was Snapdeal started?