×
207
Fashion Jobs
PUMA
Manager- Ecommerce Operations
Permanent · Bengaluru
PUMA
Warehouse Manager-D2C
Permanent · Bengaluru
PUMA
Digital Marketing Manager
Permanent · Bengaluru
EXPLODE SERVICES
Quality Assurance Manager Home Furnishing Garments For Noida
Permanent · Noida
EXPLODE SERVICES
Manager ie Garment Exports
Permanent · Noida
THE BANYAN HR CONSULTS
Merchandising Manager For a Seamless Garments Textile co at Coimbatore
Permanent · Coimbatore
OPERA CLOTHING PRIVATE LIMITED
Production Manager For Garment Manufacturing Factory
Permanent · Vapi
GOKALDAS EXPORTS LTD
sr. Manager - Technical - Garments Industry Background
Permanent · Bengaluru
NIKE
Lead Technical Product Manager, ed&a – Apla
Permanent · Bengaluru
NIKE
Senior Security Incident Responder – Cis
Permanent · Bengaluru
FAABIIANA
Executive For Online Product & Order Management
Permanent · NEW DELHI
FAABIIANA
Customer Sales Executive (Female)
Permanent · NEW DELHI
NIKE
Senior Technical Product Manager, Inventory & Order – Apla
Permanent · Bengaluru
NIKE
Senior Technical Product Manager, Finance – Apla
Permanent · Bengaluru
NIKE
Senior Technical Product Manager, Core Erp – Apla
Permanent · Bengaluru
OMREELS BIOSCOPE PVT LTD
Senior Executive Ecommerce
Permanent · MUMBAI
NIKE
Senior Technical Program Manager, Marketing Tech – Dtpo
Permanent · Bengaluru
NIKE
Service Delivery Manager, Operations Center – Tech Ops
Permanent · Bengaluru
NIKE
Director, Security Solutions & Delivery – Cis
Permanent · Bengaluru
NIKE
HR Manager - Nike India Technology Centre
Permanent · Bengaluru
NIKE
Financial Controller - India
Permanent · Bengaluru
NIKE
Software Engineering Manager, Finance & Procurement Technology – cf&c
Permanent · Bengaluru
Published
Dec 1, 2021
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Snapdeal plans IPO by March 2022

Published
Dec 1, 2021

E-commerce platform Snapdeal plans to launch its initial public offering by March 2022 with the goal of raising between $200 million (Rs 1,331 crore) and $250 million at a $1.5 billion valuation. 

Snapdeal's IPO will test tech investors' appetite for new investments following Paytm's recent underwhelming IPO - Snapdeal


Snapdeal, which is backed by Softbank and Alibaba, plans to file the preliminary documents necessary to initiate its IPO in spring, 2022, Outlook India reported. The business has already filed its draft red herring prospectus, sources told Bloomberg. 
 
“While the founders are unlikely to sell their shares, the existing shareholders, both domestic and foreign, are not planning to sell much,” a source told the Times of India. However, Snapdeal did not reply to a questionnaire on the matter emailed by the TOI. 

Kunal Bahl and Rohit Bansal launched Snapdeal as a multi-brand e-commerce platform and the business once competed at the top of India’s online market with names including Flipkart and Amazon India. The business has now pivoted to focus on the value segment of the market and shoppers in non-metro locations. 
 
Snapdeal has reported that it currently retails over 60 million products on its online store with over 800 product categories. The business caters to over 6,000 Indian cities and is focusing on reaching shoppers in the more rural locations which are often overlooked by other large e-commerce players. 

Copyright © 2022 FashionNetwork.com All rights reserved.