E-commerce major Snapdeal has acquired Hyderabad-based mobile technology startup, MartMobi.
MartMobi creates mobile sites and apps for e-commerce stores, small and medium-sized businesses.
According to reports, Snapdeal is getting as about 75 per cent of orders from mobiles-based devices. n the merchant side also, the company is witnessing similar trends.
“MartMobi will help strengthen the platform for sellers. We are working on the roadmap for futher enhancement,” Snapdeal co-founder and COO Rohit Bansal said.
Snapdeal is on an acquisition spree this year. It acquired payments and mobile recharge startup Freecharge in a cash-and-stock deal as well as picked up stakes in digital financial services platform RupeePower and logistics venture GoJavas.