AceVector, the parent company of ecommerce platform Snapdeal, has significantly reduced its net loss in the first half of fiscal year 2025-26, reflecting ongoing efforts to streamline operations and focus on cost efficiency. According to a report titled “Snapdeal Parent AceVector Trims H1 FY26 Loss by 80% to INR 22.5 Cr,” published by StartupNews.fyi, the company reported a loss of INR 22.5 crore for the six-month period ending September 2025—an 80% reduction compared to the INR 112 crore net loss recorded during the same period last year.
The improved financials come amid concerted efforts by the Gurugram-based ecommerce firm to pivot away from a growth-at-all-costs model, instead emphasizing operational optimization and selective investments. Over the past year, AceVector has undertaken a series of restructuring initiatives, including scaling back non-core operations and controlling marketing and customer acquisition costs.
According to the data cited, revenue from operations remained flat year-over-year, suggesting that the narrowing loss is primarily owed to reduced expenses rather than top-line expansion. Nonetheless, company executives have characterized the results as a validation of their strategic recalibration, aimed at achieving long-term sustainability in India’s highly competitive digital retail landscape.
Once a major competitor to Amazon and Walmart-owned Flipkart, Snapdeal has faced mounting pressure in recent years as the Indian ecommerce market has consolidated around its dominant players. In response, AceVector has steered Snapdeal increasingly toward the value-conscious segment of online shoppers—focusing on unbranded goods and non-metro markets, areas where it believes growth potential remains underexploited.
Notably, AceVector has also been leveraging its technology capabilities beyond ecommerce. It owns Unicommerce, a backend software provider for omnichannel retail, which continues to serve a growing client base of retailers and brands seeking to manage inventory and streamline order fulfillment across online and offline channels. The performance of subsidiaries like Unicommerce could play an important role in offsetting ecommerce sector volatility and driving group-level profitability in future quarters.
While profitability remains elusive, the latest financial statement marks a rare bright spot for a once high-flying startup that has spent the past several years in retrenchment mode. The company has not disclosed targets for full-year FY26 financials, but analysts expect continued cost discipline and focused execution to remain central to the company’s trajectory.
As India’s ecommerce ecosystem matures, the question for players like Snapdeal will be whether a leaner, more targeted strategy can carve out a sustainable niche amid intensifying competition and rapidly evolving consumer behavior.
