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Why Snapdeal backed Unicommerce is going for an IPO?
short by Abhishek | GrowthX / on Wednesday, 15 May, 2024
In 2015, Snapdeal acquired Unicommerce and in a span of 2 years, Unicommerce became profitable. The company essentially solves the "transaction processing layer" between logistics players & fronted distribution of an e-commerce business. With D2C growth through the roof, Unicommerce worked on the right insights to build a defensible SaaS play.
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