Rs 2400 Crore: India’s Biggest Ecommerce Deal by Snapdeal

Being a direct competitor of Flipkart and Amazon, Snapdeal has acquired a customer base of 10 million Freecharge mobile app users with this whooping business deal. Snapdeal co-founders Kunal Bahl and Rohit Bansal told media that they were inspired by the Chinese ecommerce website which earns $20 billion a year from mobile recharges.

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