Snapdeal.com expects to garner revenues of about Rs 600 crore in the current fiscal and is also scouting for more acquisitions which would help it strengthen its offerings, reports Business Standard. Earlier this year, Jasper Infotech Pvt Ltd that runs Snapdeal.com had said it has earmarked USD 20 million (around Rs 100 crore) to make up to four acquisitions in 2012.

"In 2012 we will make three to four announcements (on acquisition). We are not only looking for e-commerce players that specialise in specific product categories, but also relevant technology firms that can add value to our business," said Kunal Bahl, Co-Dounder and CEO, Snapdeal. Snapdeal recently acquired online sports goods retailer eSportsBuy.com. The company had also bought Bangalore-based group buying firm Grabbon.com in 2010. 

The company also plans to increase its headcount by 500 persons this year. The company employs 1,500 people at present and plans to scale the number to 2,000 by the end of December 2012.

"We are hoping that we convert the significant chuck of the growing Internet users in India to do transaction with us. In terms of revenues we are expecting about Rs 600 crore in the current financial year," said, Sandeep Komaravelly, Vice President, Marketing, Snapdeal.