Unicommerce eSolutions Pvt. Ltd is
an e-commerce management software and fulfillment solution provider is in talks
to buy with Snapdeal for a potential acquisition. New Delhi based Unicommerce, which
currently provides its software to companies such as Myntra, Snapdeal, Jabong,
Groupon, and Healthkart, has received investment from Nexus Venture Partners
and Snapdeal founders Kunal Bahl and Rohit Bansal.
Three Indian Institute of
Technology founded Unicommerce in 2012, Delhi graduates Ankit Pruthi, Karun
Singla, and Vibhu Garg. The company offers a pay per use Web Based solution
that helps small merchants and e-commerce companies manage orders from the time
they are placed until products are delivered. The company flagship product,
Uniware, updates and automates every aspect of online commerce beginning from
when a customer places an order until the purchase is received.
It also helps companies manage everything
from vendors to inventory, and from warehouse to shipments and returns.
Unicommerce was also in talks with Tiger Global for a potential investment. After
the deal, Unicommerce is expected to operate as a separate company. As per
experts, companies would be apprehensive about sharing their data with
Unicommerce if it becomes a part of Snapdeal.
For Snapdeal, 2014 has been active
year with respect to acquisitions. The company this month announced acquisition
of gifting recommendation technology platform Wishpicker.com for an undisclosed
amount. The company has so far acquired five companies including Doozton, a
social product discovery technology platform; Grabbon.com, eSportsBuy.com, and
Shopo.in. However, if Snapdeal inks the deal, it will be its largest acquisition
until date.
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