Rohit Bansal

Co-Founder, Titan Capital & Snapdeal | Promoter, Unicommerce
Snapdeal is one of Bharat's top online fashion destinations for value-first shopping at budget-friendly prices.
About
Rohit Bansal is a technology entrepreneur and investor.
Career Highlights
(Snapdeal, Titan Capital, Unicommerce)
Rohit is the co-founder of Snapdeal, one of India's leading e-commerce platforms. Founded in 2010, Snapdeal focuses on the value commerce market in India and has served over 10 crore online shoppers over the last 16 years.
He is also the co-founder of Titan Capital, through which he has invested in more than 250 start-ups over 12 years across consumer tech, health tech, fintech, SaaS, consumer brands, and B2B platforms in companies like Ola, Urban Company, Razorpay, OfBusiness, Mamaearth, and Credgenics.
Rohit is also the promoter of Unicommerce eSolutions Limited, India's leading e-commerce enablement SaaS company, which is listed on the NSE and BSE.
Snapdeal, Titan Capital, and Unicommerce value access, affordability, and scale as they target most middle-class, value-seeking non-metro customers. From the assortment to the price point, everything demonstrates dedication to democratizing value commerce across the country.
Industry Roles & Leadership
Rohit has been awarded a range of honours recognizing his contribution to the entrepreneurship ecosystem. These include ET's Comeback Kid of the Year Award 2019, Economic Times "40 Under Forty" in 2015, Ernst and Young Entrepreneur of the Year - Startup 2014, and BMA Entrepreneur of the Year Award 2013-14.
As the Chair of FICCI's Start-up Committee for 2023 and 2024, Rohit led efforts to catalyze a greater connection between India's start-ups and large established businesses to create learning and growth opportunities for all stakeholders.
Education
Rohit completed his Bachelor’s and Master’s in Computer Engineering from IIT Delhi. He is an avid traveller and a fitness enthusiast.
Rohit expressed his source of motivation and his belief in the product in a 2013 interview with the Business Standard where he said, “The issue is about the economics of the business model. Inventory-led companies burn more cash given their size. On the other hand, the marketplace has more operating leverage
Rohit Bansal's Mission Statement:
"Use technology to power retail and e-commerce for Bharat's value-conscious consumers."
Years of experience
Rohit Bansal has over 18 years of experience as a technology entrepreneur and investor.
Startups Invested
As a co-founder of Titan Capital, he has invested in more than 250 start-ups over 12 years across consumer tech, health tech, fintech, SaaS, consumer brands, and B2B platforms in companies like Ola, Urban Company, Razorpay, OfBusiness, Mamaearth, and Credgenics.
Snapdeal Milestones
- 2010 — Founded Snapdeal as a daily deals platform (India's Groupon equivalent)
- 2011 — Pivoted to online marketplace model; raised $50M from eBay alongside existing investors
- 2014 — Secured $627M from SoftBank; achieved unicorn status at $1B valuation
- 2015 — Peak operations: 1M+ daily orders, 35M products, 300K sellers; acquired FreeCharge for $400M
- 2016 — Reached $6.5B valuation; raised $1.8B+ total funding from SoftBank, Alibaba, Foxconn, Temasek
- 2017 — Rejected Flipkart acquisition offer; launched "Snapdeal 2.0" turnaround strategy
- 2018-2021 — Restructured operations; divested non-core assets; shifted focus to value-conscious Bharat consumers
- 2022 — Consolidated under AceVector Group (Snapdeal, Unicommerce, Stellaro Brands)
- 2024 — Subsidiary Unicommerce successfully listed on public markets
- 2025 — AceVector received SEBI approval for IPO; reported an 80% reduction in losses and 35% revenue growth
Feb 2010
Founded Snapdeal
Daily Platform by Kunal Bahl & Rohit Bansal
2011
Early funding
$12M Nexus, $45M Bessemer, $50M eBay
Oct 2011
Marketplace pivot
Shifted from deals to e-commerce after China trip
2014
Unicorn status
$627M SoftBank; $1B valuation; 600% GMV growth
Apr 2015
Peak + FreeCharge
1M+ daily orders; acquired FreeCharge for $400M
2015
Titan Capital
Founded VC firm; 200+ investments incl. Ola, Razorpay
Feb 2016
$6.5B valuation
$1.8B+ total funding; Alibaba, Foxconn, SoftBank
July 2017
Rejected Flipkart
Declined ~$1B acquisition offer; chose independence
July 2017
Sold FreeCharge
$60M to Axis Bank; funded Snapdeal 2.0 survival
2017-2021
Snapdeal 2.0
Restructured; focused on value commerce for Bharat
Jul 2022
AceVector Group
Consolidated Snapdeal, Unicommerce, Stellaro Brands
2023
ONDC integration
Joined govt digital commerce network; 86% non-metro
Jul 2024
Unicommerce IPO
Subsidiary listed; highly subscribed offering
2025
IPO approval
SEBI nod; 80% loss cut
Today
Current Scale
25M+ MAU; 200M+ app installs; 96% pin codes