New Delhi – May 27, 2014 – MongoDB, the database for modern applications today announced that Snapdeal.com, India’s largest online marketplace has deployed MongoDB’s scalable database to manage its extensive product catalog. Through this association Snapdeal customers will be able to choose from over 4 million products across 500+ categories, from more than 30,000 sellers.
In India, the e-commerce space is growing at a rapid pace. According to an Assocham Report, India’s e-commerce market was worth about $2.5 billion in 2009. It went up to $6.3 billion in 2011 and to $16 billion in 2013 and is expected to touch whopping $56 billion by 2023 which will be 6.5 per cent of the total retail market.
Commenting on the association Mr. Kamal Brar, General Manager, Asia Pacific at MongoDB, said, “With 25 million members, Snapdeal is the largest online marketplace in the country and is contributing to India’s growth story in the e-commerce industry. We are pleased to partner with them and contribute to their success. Our document data model provides Snapdeal with a responsive and consistent platform that will enable them to provide more up-to-date and relevant product catalogs as well as better experience to their customers.”
Among the Fortune 500 and Global 500, MongoDB customers include 10 of the top retailers such as eBay.
“Due to the nature of our business, we produce large amounts of structured and unstructured data. Therefore we required a platform that can store various product types in a single database, to make it easy for us to add new products as well as adapt to market demands. MongoDB’s database provides us with the architecture which will help us to optimize our performance.” said Mr. Amitabh Misra, VP – Engineering, Snapdeal.com.
As part of MongoDB’s efforts to engage with leading developers, ops professionals and executives across the globe, the company is organizing its largest event MongoDB World this June 23-25, 2014 in New York.
Launched in February 2010, Snapdeal.com has seen phenomenal growth in a span of four years and is currently the largest online marketplace in India. Snapdeal’s mission is to create life changing experiences through its platform by connecting buyers to sellers of millions of products and services from thousands of national, international and regional brands. With over 25 million members, 500+ product categories and 30000+ sellers, Snapdeal.com is the shopping destination for internet users across the country, delivering to 5000+ cities and towns in India. Snapdeal also manages TrustPay and SafeShip platforms that provide buyer & seller protection and intelligent logistics enablement, respectively. The company is run by a very young, dynamic & innovative team of over 1300 people, and is backed by leading global investors such as eBay Inc., Intel Capital, Bessemer Venture Partners, Nexus Venture Partners and IndoUS Venture Partners. For further information, visit http://www.snapdeal.com.
About MongoDB, Inc.
MongoDB makes development simple and beautiful. For tens of thousands of organizations, MongoDB provides agility and the freedom to scale. Fortune 500 enterprises, startups, hospitals, governments and organizations of all kinds use MongoDB because it is the best database for modern applications. Through simplicity, MongoDB changes what it means to build. Through openness, MongoDB elevates what it means to work with a software company.