Snapdeal has acquired Hyderabad-based mobile technology startup MartMobi for an undisclosed amount.
Snapdeal.com is India’s largest e-commerce marketplace. Snapdeal provides a platform for vendors across the country to connect with millions of customers.
The company was started by Kunal Bahl, a Wharton graduate as part of the dual degree M&T Engineering and Business program at Penn, and Rohit Bansal, an alumnus of IIT Delhi in February 2010.
“We are focusing on the mobile platform as about 75 per cent of orders are coming from mobile-based devices. On the merchant side too, we are witnessing similar trends. The MartMobi team is a great addition as it will help strengthen the platform for sellers,” Snapdeal co-founder and COO Rohit Bansal said.
Recently Snapdeal acquired online mobile recharge platform FreeCharge.
