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Kunal Bahl

Shark Tank India Season 4: From date, theme, promo to judges; here's everything to know about new season

Shark Tank India Season 4: From date, theme, promo to judges; here's everything to know about new season

Thu, Nov 28, 2024

Shark Tank India Season 4: As of now, Aman Gupta, Anupam Mittal, Namita Thapar, Ritesh Agarwal, Peyush Bansal, and Snapdeal co-founder Kunal Bahl will be judges in Shark Tank India Season 4.

Indian startups solving country's problems, tapping opportunities, and no longer importing ideas: Kunal Bahl

Indian startups solving country's problems, tapping opportunities, and no longer importing ideas: Kunal Bahl

Mon, Apr 01, 2024

"Founders were earlier bringing those models to India and investors were also funding those business models because they were proven in some other part of the world," Bahl said in a recent CII podcast.

Fresh fruits and vegetables startup Sorted raises $5M from Beenext, NB Ventures, others

Fresh fruits and vegetables startup Sorted raises $5M from Beenext, NB Ventures, others

Wed, Mar 22, 2023

Kunal Bahl and Rohit Bansal, co-founders of e-commerce firm Snapdeal, also took part in the round. The development comes months after when Reliance Retail Ventures acquired Milkbasket last year.

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Flipkart Board may have approved revised offer from Snapdeal, report says

Flipkart Board may have approved revised offer from Snapdeal, report says

Mon, Jul 17, 2017

Earlier, Flipkart had offered $850 million for buying Snapdeal, but got rejected as the latter found the amount undervalued the company given that the due diligence report was clean.

Flipkart to make revised offer for Snapdeal this week

Flipkart to make revised offer for Snapdeal this week

Mon, Jul 10, 2017

The new offer is likely to be closer to $1 billion mark, which was the initial asking price for acquisition of beleaguered e-commerce marketplace, sources privy to the development said.

Snapdeal board rejects Flipkart's $850 million offer

Snapdeal board rejects Flipkart's $850 million offer

Tue, Jul 04, 2017

The deal between Snapdeal and Flipkart, if completed, would mark the biggest acquisition in the Indian e-commerce space.

Snapdeal's sale to Flipkart witnesses delays on complex due diligence process, small investors concerns

Snapdeal's sale to Flipkart witnesses delays on complex due diligence process, small investors concerns

Mon, Jun 26, 2017

The sale of Snapdeal to Flipkart is witnessing delays on account of complex due diligence process and small investors asking greater clarity on its terms of sale. However, the sale is expected to be concluded by July this year.

Snapdeal raises over Rs 113 crore from Nexus, founders

Snapdeal raises over Rs 113 crore from Nexus, founders

Mon, May 29, 2017

It is not clear how long the fresh financing round will help Snapdeal in continuing operations as it faces intense competition from rivals Flipkart and Amazon.

Snapdeal-Flipkart deal may leave staff richer by Rs 193 crore

Snapdeal-Flipkart deal may leave staff richer by Rs 193 crore

Sun, May 14, 2017

If the deal of the Snapdeal's sale to Flipkart goes through it may offer Rs 193 crore bonanza to its staff wherein the founders will give half of their payout ($30 million) for the proposed scheme which would cover all current employees of Snapdeal.

Snapdeal Sale: E-Commerce company being sold at a 50% discount?

Snapdeal Sale: E-Commerce company being sold at a 50% discount?

Fri, May 12, 2017

Flipkart has made an informal offer to buy rival Snapdeal for $1 billion in an all-stock deal.

Snapdeal employees may get salary increments of over 20% this year

Snapdeal employees may get salary increments of over 20% this year

Mon, Apr 10, 2017

What is bigger news for Snapdeal employees is that the letter mentioned that the overall increments this year will be higher than those offered last year.

Snapdeal founders send letter to employees assuring job safety, appraisals

Snapdeal founders send letter to employees assuring job safety, appraisals

Sun, Apr 09, 2017

The letter to employees comes after reports of investors plans to sell Snapdeal's to Flipkart and the fate of the staff.

Why fate of Snapdeal's employees is a big question if sale to Flipkart goes through

Why fate of Snapdeal's employees is a big question if sale to Flipkart goes through

Sun, Apr 09, 2017

Acquisition of start-ups have been followed up with layoffs over the last few years. Will Snapdeal's 2,500 employees suffer the same fate?

Under pressure, Snapdeal woos staff with promises of profit

Under pressure, Snapdeal woos staff with promises of profit

Tue, Apr 04, 2017

Seeking to calm employees rattled by reports of a cash crunch, the founders of Indian online retailer Snapdeal have gone directly to them with a string of townhall meetings in past weeks, according to sources, promising profit and brushing off takeover talk.

Paytm throws lifeline to Snapdeal, Stayzilla ex-staffers

Paytm throws lifeline to Snapdeal, Stayzilla ex-staffers

Sun, Feb 26, 2017

Paytm founder and CEO Vijay Shekhar Sharma tweeted: "Hello, Tech/Product people in Delhi NCR, feeling heat of business restructuring. We welcome you @Paytm and @Paytm-Mall with open arms."

Bought for $400 million in 2015, Snapdeal now wants to sell Freecharge for $300 million

Bought for $400 million in 2015, Snapdeal now wants to sell Freecharge for $300 million

Thu, Feb 23, 2017

Snapdeal is likely to sell its payments company FreeCharge for $300 million.

Snapdeal's co-founders Kunal Bahl & Rohit Bansal take 100% pay cut

Snapdeal's co-founders Kunal Bahl & Rohit Bansal take 100% pay cut

Wed, Feb 22, 2017

Snapdeal's co-founders Kunal Bahl and Rohit Bansal have taken a 100% cut in their compensation as the company realigns resources to become profitable online retailer in India in two years.

Tax collection at source is an area of concern in GST for e-commerce, industry cries

Tax collection at source is an area of concern in GST for e-commerce, industry cries

Thu, Feb 09, 2017

Tax collection at source main cause for concern for e-commerce retailers. E-commerce companies are vociferously for GST. Due to TCS, close to Rs 400 crores per annum of capital will be locked into the system.

Kunal Bahl expects Snapdeal to turn profitable in next 2 years

Kunal Bahl expects Snapdeal to turn profitable in next 2 years

Mon, Feb 06, 2017

Despite reporting a loss of Rs 29.6 billion ($441 million) in the financial year to March 31, 2016, the CEO expects Snapdeal to turn profitable in the next 2 years.

Snapdeal's losses widen 125% in FY16; falls to third spot

Snapdeal's losses widen 125% in FY16; falls to third spot

Wed, Jan 18, 2017

"In FY16, we invested our capital in building our capabilities across technology, logistics and seller ecosystem to support the long term growth of our business," a Snapdeal spokesperson was quoted in the report as saying.

Housing.com’s ex-CEO Jason Kothari to now join Snapdeal

Housing.com’s ex-CEO Jason Kothari to now join Snapdeal

Wed, Jan 11, 2017

Snapdeal on Wednesday announced the appointment of Housing.com’s ex-CEO Jason Kothari as its Chief Strategy & Investment Officer.

Snapdeal starts 2nd season of 'Unbox Diwali Sale' from Oct 12

Snapdeal starts 2nd season of 'Unbox Diwali Sale' from Oct 12

Wed, Oct 12, 2016

After finishing first season of its Diwali sale last week, Snapdeal has announced the second season of its 'Unbox Diwali Sale' starting this Wednesday. Its 'Unbox Diwali Sale' will start from October 12 and will last till October 14.

Snapdeal spends Rs 200 crore to 'unbox' itself

Snapdeal spends Rs 200 crore to 'unbox' itself

Mon, Sep 12, 2016

The SoftBank-backed company has pumped in over Rs 200 crore for the re-branding initiative, which will include a 360-degree marketing campaign ahead of the festive season.

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