Jasper Infotech Pvt. Ltd. IPO
Price Band
₹ – ₹
Lot Size
Minimum Bid Quantity
Not Announced
Minimum Investment
₹0
Issue Size
₹0Cr
Opens
Closes
Listing
Not Announced
IPO Details
Issue Type
EQUITY
Face Value
₹0
Tick Size
1
ISIN
SNAPDEALISIN123
Pre-Apply Available
No
Daily Bidding Time
10:00:00 - 17:00:00
About the Company
Jasper Infotech is the holding company that owns Snapdeal. The company was founded in 2007 as a coupon booklet business and transformed into an online deals platform in 2010. Subsequently, in 2012, it changed into an online marketplace. The platform hosts a wide selection of merchandise across lifestyle categories. It serves users across the nation but intends to attract value buyers who belong to the mid-income segment and are predominantly located in Tier 2+ cities of India.
Pros
- • Wide selection of value merchandize at affordable prices from a network of quality-focused sellers.
- • Discovery-led and personalized buying journey that is driven by artificial intelligence and machine learning help value shoppers find relevant and interesting products on its platform.
- • Asset-light and technology-backed logistics and UniMove Logistics Platform enable a higher degree of control, improve user experience, and reduce pre-delivery returns, leading to positive unit economics.
Cons
- • The company has recorded losses in the past and may continue to do so in the future.
- • Its business depends on the growth of the online commerce industry in India and its ability to effectively respond to changing user behavior on digital platforms.
- • Any harm to the brand or reputation or failure to maintain, protect and enhance its brand.
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