Snap deal plans to acquire up to 4 companies in FY15

Snap deal plans to acquire up to 4 companies in FY15

Delhi based company which is India’s largest online marketplace Snap deal is planning to acquire four more companies which are related to mobile technology and data analytics space. It was officially revealed by the cofounder and chief executive of Snapdeal He also stated that, “Based on the pipeline we are seeing so far, it won’t be unrealistic for us to do three to four acquisitions this year. There are a couple, which look imminent, and a couple that aren’t as baked yet, but will be as the year progresses. Earlier it was acquired handicraft focused online marketplace Shopo.in and online sports goods seller ESportBuy.com.

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