India’s e-commerce website Snapdeal has raised $100 million that values the company nearly $1 billion. Investors of the company included Singapore state-owned investment company Temasek Holdings, asset management firm BlackRock and others.
Recently, Snapdeal founder indicated that they are also looking for IPO by listing the company in US stock exchange. In March 2014, Snapdeal founder, Kunal Bahl confirmed that Snapdeal have grown around 500% in last 1 year. ANd it is expected to touch $1 billion value within a year. But this another round funding helped company hit the value earlier than expectation.
Earlier this year Snapdeal also raised $134 million from eBay, Bessemer Venture Partners, Intel Capital and others.
See the details of Snapdeal fundraising below:
| Round | Who Funded | Date | Amount |
| First Round | Nexus Venture Partners, Indo-US Venture Partners | January 2011 | USD 12 Million |
| Second Round | Bessemer Venture Partners, Nexus Venture Partners, Indo-US Venture Partners | July 2011 | USD 45 Million |
| Third Round | Ebay, Intel Capital, Nexus Venture Partners & Others | June 2013 | USD 50 Million |
| Fourth Round | Kalaari Capital, Nexus Venture Partners, Bessemer Venture Partners, Intel Capital and Saama Capital | Feb 2014 | USD 133.77 Million |
| Fifth Round | Temasek Holdings, Blackrock, Myriad, Premji Invest, Tyborne | May 2014 | USD 100 Million |
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