E-commerce startup Snapdeal's losses rose by 150% to ₹3,316 crore in FY 2016 from a year ago, according to documents filed with Registrar of Companies. The company's revenue jumped 56% to ₹1,457 crore during the period, up from ₹933 crore. Snapdeal's results for the year include the financials of digital payments platform Freecharge, which it had acquired in April 2015.

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Added on : 2017-01-18 13:11:52

E-commerce startup Snapdeal's losses rose by 150% to ₹3,316 crore in FY 2016 from a year ago, according to documents filed with Registrar of Companies. The company's revenue jumped 56% to ₹1,457 crore during the period, up from ₹933 crore. Snapdeal's results for the year include the financials of digital payments platform Freecharge, which it had acquired in April 2015.

Editor & Publisher : Dr Dhimant Purohit

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