It has been a roller-coaster ride for Gurugram-based online marketplace Snapdeal. From a valuation of $6.5 billion to a backing by global investors and employing 10,000 at its peak, the Kunal Bahl and Rohit Bansal-led entity has seen it all. However sources close to the company claim it might be finally getting its groove back, thanks to the plan Bahl and Bansal put in place last year when talks for a sale to Flipkart fell flat. The company’s effort to reshape its business model, dubbed ‘Snapdeal 2.0’, is seen to have helped, sources said. In a turnaround of sorts, it has grown its order volume four-fold in the past 10-12 months, from a low of 35,000 daily orders in August last year to now shipping 150,000-175,000 a day.
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