After regulatory changes in early 2016, which limited sales from a single seller to 25% of the total GMV of a marketplace, the company saw a huge rise in revenue to ₹7,047 crore in FY17 from only ₹2.6 crore in FY16.
Snapdeal had claimed that its order volumes had grown significantly since May 18 when ecommerce was allowed to sell non-essentials across the country except in containment zones
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