Ratan Tata to invest in Snapdeal

Posted on 28th Aug 2014 | 1132 views

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Ratan Tata to invest in Snapdeal

To boost India's consumer sector and ecom industry Tata chairman Ratan Tata has planned to invest in snapdeal online internet marketing Business Company. Earlier Wipro chairman Azim premji and Infosys chairman Narayana Murthy have invested nearly $3 million in e-commerce sector. Co founder of snap deal said this is more exciting moment for the entire snap deal family. It will build a strong and long term phase for the company. Tata is quite impressed with snap deal for its discounted offerings, different offers and the comfort of online buying from their homes. At present India has 243 internet users and this number grows in coming years with smart phone penetration.

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