Snapdeal promoter to foster tech entrepreneurs
Hotline: 1800 102 2007
X
Search Business Opportunities
2014-09-09

Snapdeal promoter to foster tech entrepreneurs

According to a a Snapdeal senior executive, the incubator will foster early-stage ventures operating in the mobile technology space.

Snapdeal promoter Jasper Infotech is all set to establish its own mobile-focused technology incubator in a bid to grab the lead in India's hyper-competitive e-commerce market, as reported by Economic Times.
 
 
According to a a Snapdeal senior executive, the incubator will foster early-stage ventures operating in the mobile technology space.
 
 
"We are in the process of structuring the incubator, and plans are, more or less, in place. We will start looking for companies once we have an interface for it, which will be separate from Snapdeal," said Abhishek Kumar, Head-Corporate Development, Snapdeal told ET.
 
 
Kumar further informed that Snapdeal will incubate about eight ventures for a period of two months per batch, and will set up a separate team to run the initiative.
 
 
Both Snapdeal and Flipkart, India's largest e-commerce company, see more than 50 per cent of their overall sales coming through mobile, a number that is expected to increase substantially going forward. The incubator could also serve as a feeder for Snapdeal as it looks to make more acquisitions in the mobile space.
Related opportunities
  • Skills / Personality Development
    SPOKEN ENGLISH COURSES with exclusive course material from OXFORD UNIVERSITY..
    Locations looking for expansion West bengal
    Establishment year 1935
    Franchising Launch Date 1992
    Investment size Rs. 5lac - 10lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Amherst street West bengal
  • Start your Business With VGE MART PRIVATE LIMITED… One of..
    Locations looking for expansion LUCKNOW
    Establishment year 2016
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater UTTAR PRADESH LUCKNOW
  • Fine Dine Restaurants
    Having the spirit of an entrepreneur for building a successful..
    Locations looking for expansion Gujarat
    Establishment year 1980
    Franchising Launch Date 2000
    Investment size Rs. 50lac - 1 Cr.
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
  • Quick Service Restaurants
    Hakka Express our love for hearty, delicious food overrides everything..
    Locations looking for expansion Maharashtra
    Establishment year 2015
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 0
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts