Ratan Tata Makes Personal Investment in Snapdeal.com

Taking a cue from the ongoing success run of Indian eCommerce driven websites, Ratan Tata, Chairman Emeritus, Tata Sons, has made a personal investment in Snapdal.com

Snapdeal.com, one of India's largest online discovery marketplace has announced that Ratan Tata, Chairman Emeritus, Tata Sons, has made a personal investment in the company. This investment by Tata, a renowned name in the Indian as well as global business circles is of great significance to the company and stands testimony to the growth and success seen by the company in a short span of 4 years.

Snapdeal.com has seen 600% growth year-on-year for the last two years and currently
houses over 5 million products across 500+ diverse categories from over 50,000
sellers. With the vision to create life changing experiences for small businesses
and consumers, the company is run by a young and dynamic team of 1500+ members.

Speaking about this, 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 Mr. 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."

Venturing into the real estate business segment, Snapdeal.com has also announced its partnership with Tata Value Homes to push for their real estate sales in India.