What we do AceVector Ltd operates primarily as an eCommerce platform under Snapdeal, offering wide lifestyle products including fashion, home, beauty, and personal care through technology-driven seller fulfillment. |
Founded in 2,007 |
Market share Competes in India's value-conscious eCommerce market with a growing share supported by a technology-driven marketplace and SaaS offerings. |
Problem solved Addresses affordable product access for value-conscious buyers, streamlining order and inventory management for sellers through SaaS solutions. |
Top clients or who we serve Primarily serves individual consumers (B2C) in India and sellers via a technology-enabled marketplace; also offers SaaS to eCommerce businesses (B2B). |
Key management - |
Our journey and innovations Founded as a coupon company in 2007, transformed to an eCommerce marketplace by 2012; expanded through acquisitions like Unicommerce and Shipway; scaled SaaS and consumer brands. |
Where we operate Mainly India, with minor revenue from outside India; expanding omnichannel presence in Andhra Pradesh and Telangana. |
Top products or what we offer Snapdeal marketplace, Unicommerce SaaS platform (order & inventory management, logistics), and Stellaro Brands' Rangita ethnic wear stores. |
Top brands Snapdeal - Leading value eCommerce marketplace; Unicommerce - top SaaS eCommerce enabler; Rangita - Ethnic women's wear brand expanding in regional India. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue includes recurring SaaS subscriptions and marketplace transaction fees; consumer brands add cyclical retail sales. |
Our industry position A significant player in India’s value eCommerce, leading in seller services SaaS with growing consumer brand footprint. |
Financial highlights FY 2025 consolidated revenue INR 406.77 Cr, net loss INR 127.08 Cr; market growing with increased Net Merchandise Value and SaaS profitability. |
Geographical revenue split Approximately 98% revenue from India, 2% from outside India. |
Order book - |
Whats driving growth Growth driven by scale expansion in marketplace, SaaS platform adoption growth, and new omnichannel consumer brand stores. |
Our future plans Continue expanding seller base, enhance platform capabilities, grow SaaS product suite via acquisitions, and expand consumer retail stores. |
Our green promise Committed to carbon emission reduction via cloud technology and optimized supply chain to improve operational efficiency and sustainability. |
Our people and values Focus on professionalism, innovation, governance, and employee empowerment; operating with a lean, tech-savvy workforce. |
Key challenges ahead Profitability remains a challenge due to margin pressures; competition, regulatory changes, and scaling operations effectively are critical risks. |
Interesting facts Snapdeal started as a coupon business in 2007 and evolved into a marketplace driving 37% NMV growth despite aggressive pricing strategies. |
Risks and strategy Mitigating margin pressure by balancing pricing and scale; investing in tech efficiency; diversifying revenue via SaaS and consumer brands. |
