Snapdeal acquires Exclusively to create ‘India’s first online luxury mall’

Snapdeal.com today announced the acquisition of Exclusively.com (formerly Exclusively.in), the definitive online destination for premium and luxury fashion. Exclusively will complement Snapdeal’s existing ecosystem and will provide a consolidated offering for the luxury and lifestyle shopper, making it India’s first online luxury mall. Luxury products and services is a $14 bn market in India and it is growing at 30 per cent YoY, according to a recent KPMG-ASSOCHAM report.

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