Snapdeal to invest ₹678 crore in 1 year on fashion
E-commerce platform Snapdeal will invest $100 million (₹678 crore) within a year to boost fashion retailing. While speaking at an IIM-Calcutta event, Snapdeal Co-founder and CEO Kunal Bahl said that Snapdeal's current model is unviable and that the startup was building new capabilities. "We will not limit ourselves to selling other people's products only," he said.