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Which Indian daily deals company, founded by undergrad alumnus Kunal Bahl (ENG'06/W'06), has raised $52 million in funding and has an Indian village as its namesake?
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Warby Parker
Zynga
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Snapdeal
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Correct!
Snapdeal (D) features a Best Deals Coupon at an unbeatable price on the best stuff to
do, see, eat, and buy in all the major Indian cities. Founder Kunal Bahl was the Mentoring Director for the
2005-2006 Wharton Business Plan Competition.
After to returning to his home country of India, he founded
Snapdeal, which the web ranking site Alexa ranks as the 2nd largest group buying site in terms of number of
visitors. As of August 2011, Snapdeal has $52 million in funding from Bessemer Venture Partners, Nexus Venture
Partners and IndoUS Venture Partners. And in June 2011, a village in India renamed itself "Snapdeal.com" after the
company donated & installed 15 water pumps for the village. Read more about Snapdeal on TechCrunch,
The Economic Times, The Wall Street Journal and the BBC.
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