Funding round
Snapdeal Growth
Reported as "Growth Equity"
Snapdeal, which works in online marketplace retail in New Delhi, raised $17M in a Growth round announced on 30 May 2017. 3 firms took part, 3 of them already investors. It is Snapdeal's third venture round on record; the one before was a Growth in Aug 2015.
$17M
Amount raised
1,130,000,000 INR converted
Not disclosed
Post-money valuation
3
Investors
no lead named
Valuation
What this round says about the price
Snapdeal did not disclose a valuation in this round; its last disclosed one was $5.00B at the Growth (Aug 2015). It came 21 months after Snapdeal's Growth. It is 3.1% of the $567M Snapdeal has raised in the venture rounds on record. No later venture round is on record for Snapdeal.
Snapdeal's funding rounds
Snapdeal has 3 venture rounds on record. This one is highlighted.
Investors
Who put money in
3 firms took part; no lead investor was named.
Investors
- backs 99 venture-backed companies existing investor
- backs 80 venture-backed companies existing investor
- Rohit Bansal existing investor
Comparable rounds
How it compares
The closest in time, other companies' Growth rounds in Online Marketplace:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Online Marketplace | 11 May 2017 | $400M | not disclosed | not named |
| Flipkart Online Marketplace | 20 Mar 2017 | $1.00B | $10.00B | not named |
| Online Marketplace | 22 Sep 2016 | $55M | not disclosed | LIV Capital and Northgate |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Snapdeal raise in its Growth round?
Snapdeal raised $17M in its Growth round, announced in May 2017.
Which investors took part in Snapdeal's Growth round?
Nexus Venture Partners, Titan Capital and Rohit Bansal.
What was Snapdeal's valuation at the Growth round?
It was not disclosed; its last disclosed one was $5.00B at the Growth (Aug 2015).