Snapdeal.com, one of India’s popular online marketplace has announced the launch of luxury yachts on its portal, in partnership with West Coast Marine Yacht Services. A line of yachts is currently available for purchase on Snapdeal starting at INR 20, 00, 000.

Initially, nine luxury yachts will be available for purchase on Snapdeal. These include two variants of Gulfcraft’s luxury fly-bridge motor yachts under “Majesty” brand, two variants of Gulfcraft “Oryx” sports yachts, four variants of Gulfcraft “Silvercraft” family fishing boats and a family cruiser from JJ Boats. You can purchase the yachts on Snapdeal.com by making an initial payment of ₹ 2, 00,000 on the portal. On receipt of the booking amount, West Coast Marine Yachts will contact the buyer, understand the requirements of the buyer, customize and deliver the Yacht.

Luxury products and services is a $14Bn market in India, growing at 30% YoY, according to a recent KPMG-ASSOCHAM report. Snapdeal.com houses luxury and premium products across diverse categories including gem-studded watches, jewelry, apparels, and appliances among others. The company also recently launched ‘The Designer Studio’ and acquired Exclusively.com to expand the assortment in premium fashion. With its newest venture, things are looking great for the diverse e-commerce portal.