Home Troll Snapdeal CEO Faces Allegations Of Copying Business Model

Snapdeal CEO Faces Allegations Of Copying Business Model


Snapdeal is already stuck in the tough tug fight of Snapchat and things just don’t seem to be going right for the company. While people are out there mistaking Snapdeal for Snapchat and rating it a 1, here is another big news stating that the Aditional Sessions Judge RK Tripathi has issued a notice against the three founders on a criminal complaint registered by entrepreneur Gaurav Dua.

And why exactly. Scroll down to know all about the story.

I know this is almost like getting a mini attack

Sadly, this is true.

We learnt it from Business Today that the founders have been summoned by the court

But why?

It turns out that the E-commerce major was using a business model connecting sellers and buyers through an e-platform that was unauthorized usurped by the firm and its officials.

Gaurav Dua who has founded portals like marketdelhi.com and indianretail.net claimed that the company runs over a model that is his and that the Snapdeal officials cheated him under the garb of raising funds for his business.

In return to the allegation,

One of the Snapdeal spokespeople said that the allegations made in the revision petition filed by Gaurav Dua are absolutely baseless and devoid of any merit.

He added that a previous complaint filed by Gaurav Dua in this regard was dismissed by the court and was found to be baseless.