Tag: kunal bahl

List of Kunal Bahl Investments: Companies Funded by Shark Tank India’s Most Strategic Shark

The moment we start talking about the Indian e-commerce industry, one name that none of us can forget is Snapdeal. As one of India’s top five online marketplaces, Snapdeal has made its mark. But we are not here to talk about this amazing company, we’re here to talk about the leading force behind it, Kunal Bahl. The co-founder of Snapdeal has always been known for his sharp business acumen, not just with Snapdeal but also with his venture capital firm, Titan Capital.

Bahl grabbed even more attention when he made a bold entry into the world of investments. He joined the panel of judges on one of India’s most popular shows for startup enthusiasts, Shark Tank India.

Along with leading Snapdeal, Bahl has been actively investing in emerging businesses through Titan Capital. His ability to spot promising ideas and market trends has made him a key figure in India’s startup world.

In this article, let’s explore Kunal Bahl’s investment portfolio and understand his strategic investment acumen.

Who is Kunal Bahl?
List of Kunal Bahl Investments

Who is Kunal Bahl?

Kunal Bahl is an Indian entrepreneur and investor, best known as the co-founder of Snapdeal and Titan Capital. Born in New Delhi, he completed his early education at Delhi Public School, R.K. Puram.

Bahl graduated from the University of Pennsylvania in 2006, completing the Jerome Fisher Program in Management & Technology (M&T), a dual-degree program that combines courses from The Wharton School and Penn Engineering. He earned two degrees, one in Marketing & Operations Strategy from The Wharton School and another in Systems Engineering from the School of Engineering and Applied Science.

In 2007, he completed an Executive Program in Marketing at the Kellogg School of Management at Northwestern University. Prior to his entrepreneurial journey, Kunal briefly worked with Microsoft before returning to India.

Kunal Bahl co-founded Snapdeal, one of India’s leading e-commerce platforms in 2007. In 2011, he launched Titan Capital, a venture capital firm investing in early-stage startups like Ola Cabs, Razorpay, Khatabook, Shadowfax, and Mamaearth.

Bahl is a member of the National Startup Advisory Council and an independent director at Piramal Enterprises Limited. He gained great popularity and recognition as a judge on Shark Tank India, supporting new entrepreneurs.

List of Kunal Bahl Investments

Here is a comprehensive list of all the Kunal Bahl invested companies as sourced from Tracxn (as of April 2025):

Kunal Bahl Invested Companies	Founded Year	Headquarters	Sector & Sub-Sector
Moderate	2023	Hyderabad	Health and Wellness > Dietary Supplements
Burger Bae	2019	Ludhiana	Retail > Fashion > Streetwear
Kiwi Kisan Window	2018	Dehradun	Food and Agriculture > Regional Indian Foods
BL Fabric	2021	Gujrat	Retail > Ethnic Wear
Speed Kitchen	2020	Delhi	Food and Agriculture Tech > Food Tech
Razorpay	2014	Bengaluru	FinTech > Payments
Urban Company	2014	Gurugram	Consumer > Local Services
Snapdeal	2010	Delhi	Retail > Horizontal E-Commerce
Housing	2012	Gurugram	Consumer > Residential Real Estate Tech
Uni Cards	2020	Bengaluru	FinTech > Payments
OfBusiness	2015	Gurugram	Retail > B2B E-Commerce
Shadowfax	2015	Bengaluru	Consumer > Logistics Tech
Ola	2010	Bengaluru	Consumer > Road Transport Tech
GIVA	2019	Bengaluru	Consumer > Fashion Tech
Agrostar	2013	Pune	Food and Agriculture Tech > Crop Tech
Headout	2014	New York City	Consumer > Online Travel
Khatabook	2018	Bengaluru	FinTech > Finance & Accounting Tech
Bewakoof	2011	Mumbai	Consumer Goods > Apparel Brands
Jupiter	2019	Mumbai	FinTech > Banking Tech
Mamaearth	2016	Gurugram	Consumer Goods > Beauty & Personal Care Products
Teachmint	2020	Bengaluru	EdTech > K-12 EdTech
GoMechanic	2016	Gurugram	Consumer > Auto E-Commerce & Content
Unicommerce	2012	Gurugram	Retail > E-Commerce Enablers
Hike	2012	Delhi	Mobile > Mobile Gaming
OZiva	2010	Mumbai	Life Sciences > Nutraceuticals Tech
Toddle	2019	Bengaluru	EdTech > K-12 EdTech
Aisle	2014	Bengaluru	Consumer > Matchmaking
Park+	2019	Gurugram	Consumer > Road Transport Tech
Rigi	2021	Bengaluru	Consumer > Social Platforms
Spenmo	2019	Singapore	FinTech > Payments
MoEngage	2014	Bengaluru	Enterprise Applications > MarketingTech
Mosaic Wellness	2019	Mumbai	HealthTech > Healthcare Booking Platforms
Powerplay	2020	Bengaluru	Real Estate and Construction Tech > Construction Tech
Vahak	2017	Bengaluru	Consumer > Logistics Tech
indiagold	2020	Gurugram	FinTech > Alternative Lending
DealShare	2018	Bengaluru	Retail > Social Commerce
RapidBox	2019	Bengaluru	Consumer > Fashion Tech
Credgenics	2018	Noida	FinTech > Banking Tech
Fleetx	2017	Gurugram	Consumer > Logistics Tech
Visit Health	2015	Delhi	HealthTech > Healthcare Booking Platforms
Leena AI	2015	San Francisco	Enterprise Applications > HRTech
CityMall	2019	Gurugram	Retail > Social Commerce
Supertails	2021	Bengaluru	Retail > Pet Tech
Renee Cosmetics	2018	Ahmedabad	Retail > Beauty Tech
Zinier	2015	Palo Alto	Enterprise Applications > Field Force Automation
Fyllo	2019	Bengaluru	Food and Agriculture Tech > Crop Tech
DrinkPrime	2016	Bengaluru	High Tech > Smart Homes
Kutumb	2020	Bengaluru	Consumer > Vernacular Platforms
Bira 91	2015	Delhi	Food and Agriculture > Alcoholic Beverage Products
ANS Commerce	2017	Gurugram	Retail > E-Commerce Enablers
Fynd	2012	Mumbai	Retail > Horizontal E-Commerce
Yellow	2016	San Mateo	Enterprise Applications > Customer Service Software
Nat Habit	2019	Delhi	Retail > Beauty Tech
InPrime Finserv	2021	Bengaluru	Financial Services > Consumer and SME Loans
Tripoto	2013	Delhi	Consumer > Social Platforms
56 Secure	2020	Bengaluru	High Tech > Security & Surveillance Technology
Convin	2020	Bengaluru	Enterprise Applications > Sales Force Automation
DotPe	2019	Gurugram	Enterprise Applications > Enterprise Resource Planning
Stable Money	2022	Bengaluru	FinTech > Investment Tech
BECO	2018	Mumbai	Retail > Home Care E-Commerce
LetsVenture	2013	Bengaluru	FinTech > Investment Tech
Able Jobs	2019	Bengaluru	Business Services > HR Services
ClickPost	2015	Delhi	Retail > E-Commerce Enablers
Ninety One	2015	Ahmedabad	Auto > Bicycle Manufacturers
SuperBottoms	2015	Thane	Consumer Goods > Beauty & Personal Care Products
Showroom	2020	Noida	Consumer > Fashion Tech
Probo	2019	Gurugram	Media & Entertainment > Gambling Tech
Zenatix	2013	Gurugram	Energy Tech > Energy Efficiency Tech
CredR	2015	Bengaluru	Consumer > Auto E-Commerce & Content
Vegrow	2020	Bengaluru	Food and Agriculture Tech > Crop Tech
ClaimBuddy	2020	Gurugram	FinTech > Internet First Insurance Platforms
FlyRobe	2015	Mumbai	Consumer > Fashion Tech
Labelbox	2017	San Francisco	High Tech > AI Infrastructure
FitCircle	2014	Mumbai	HealthTech > Fitness & Wellness Tech
Blitz	2020	Gurugram	Consumer > Logistics Tech
Kindlife	2020	Delhi	Retail > Beauty Tech
Slick	2022	Bengaluru	Consumer > Social Platforms
Neend	2021	Bengaluru	HealthTech > Disease Self Management
Volt	2022	Bengaluru	Financial Services > Services for Investment Industry
ChefKart	2020	Gurugram	Food and Agriculture Tech > Food Tech
Upswing	2021	Mumbai	FinTech > Banking Tech
Moonshine Meadery	2014	Pune	Food and Agriculture > Alcoholic Beverage Products
Geniebook	2015	Singapore	EdTech > K-12 EdTech
Sanfe	2018	Delhi	Retail > Beauty Tech
NeoDocs	2020	Mumbai	HealthTech > Disease Self Management
Venwiz	2020	Bengaluru	Enterprise Applications > Manufacturing Tech
IMumz	2019	Bengaluru	HealthTech > Disease Self Management
MailModo	2020	Lewes	Enterprise Applications > MarketingTech
Bluecopa	2021	Madhapur	FinTech > Finance & Accounting Tech
TyrePlex	2020	Gurugram	Retail > B2B E-Commerce
Zenduty	2015	Bengaluru	Enterprise Infrastructure > IT Operations
LimeChat	2020	Bengaluru	High Tech > Chatbots
Nova Benefits	2020	Bengaluru	FinTech > Employer Insurance
Apna Mart	2021	Bengaluru	Food and Agriculture > Food Retailers
Open Secret	2019	Mumbai	Food and Agriculture > Food & Beverage Products
Pepper Content	2017	Wilmington	Enterprise Applications > MarketingTech
The Postcard Hotel	2018	Gurugram	Travel and Hospitality > Hotels
Shuru	2021	Gurugram	Consumer > Social Platforms
Ripik.AI	2020	Delhi	Enterprise Applications > Manufacturing Tech
Hubble	2021	Bengaluru	Consumer > Online Gifting
Tartan	2021	Gurugram	Enterprise Applications > HRTech
Anar	2019	Mumbai	Retail > B2B E-Commerce
Gold Setu	2021	Noida	Retail > In Store Retail Tech
GeoIQ	2018	Bengaluru	Retail > In Store Retail Tech
Project Hero	2021	Bengaluru	Enterprise Applications > HRTech
Beardo	2015	Ahmedabad	Consumer Goods > Beauty & Personal Care Products
SkilloVilla	2020	Bengaluru	EdTech > Continued Learning
WickedGud	2021	Thane	Food and Agriculture > Food & Beverage Products
LetsDressUp	2019	Gurugram	Consumer > Fashion Tech
Scalenut	2020	Gurugram	Enterprise Applications > MarketingTech
Fashinza	2020	Gurugram	Consumer > Fashion Tech
Tamasha	2020	Mumbai	Gaming > eSports
Trinkerr	2021	Bengaluru	FinTech > Investment Tech
Mojocare	2020	Bengaluru	Life Sciences > Nutraceuticals Tech
Stamurai	2017	Gurugram	HealthTech > Disease Self Management
Instasell	2021	Bengaluru	Retail > Video Commerce
Fix Health	2017	Bengaluru	HealthTech > Healthcare Booking Platforms
Wobot	2017	Delhi	High Tech > Computer Vision
Anveshan	2019	Bengaluru	Food and Agriculture > Food & Beverage Products
Remedo	2016	Fremont (United States)	HealthTech > Healthcare IT
Doosra	2019	Hyderabad	Consumer > Mobile Utility Tools
NOTO	2019	Mumbai	Food and Agriculture > Food & Beverage Products
Inspektlabs	2019	Middletown (United States)	Auto Tech > Auto IT
Contlo	2020	Delhi	Retail > E-Commerce Enablers
Questt	2019	Gurugram	EdTech > K-12 EdTech
SimpliSmart	2022	Bengaluru	High Tech > AI Infrastructure
Koparo Clean	2020	Delhi	Retail > Home Care E-Commerce
AZAH	2018	Gurugram	Retail > Beauty Tech
Sutradhar	2019	Gurugram	Media & Entertainment > Digital Publishing Platforms
Indus OS	2013	Mumbai	Consumer > Vernacular Platforms
Everything Home	2020	Jodhpur	Retail > Home Improvements
ReDesyn	2013	Mumbai	Consumer > Fashion Tech
Supr Daily	2015	Bengaluru	Food and Agriculture Tech > Online Grocery
Culture Circle	2023	Gurugram	Consumer > Fashion Tech
Uvi Health	2020	Bengaluru	HealthTech > Healthcare Booking Platforms
Legistify	2015	Noida	Enterprise Applications > Legal Tech
Loopworm	2019	Bengaluru	Food and Agriculture Tech > Insect Farming Tech
Zevi	2020	Bengaluru	Enterprise Applications > MarketingTech
Quinn	2020	India	Retail > Video Commerce
GreenFortune Windows and Doors	2022	Hyderabad	Consumer Goods > Home Furnishing Products
Ivykids	2019	Gurugram	EdTech > K-12 EdTech
DAOLens	2022	Bengaluru	Blockchain Technology > Decentralized Autonomous Organizations
Pluss	2013	Gurugram	HealthTech > Healthcare Booking Platforms
Blackboard Radio	2017	Bengaluru	EdTech > Continued Learning
Lingopanda	2021	Bengaluru	EdTech > Continued Learning
Fleek	2021	Bengaluru	Consumer > Productivity Software
Prodo	2021	Gurugram	Retail > B2B E-Commerce
Rocket Skills	2020	Delhi	EdTech > Continued Learning
Suite42	2021	Bengaluru	Food and Agriculture Tech > Food Tech
Belong	2014	Bengaluru	Enterprise Applications > HRTech
SayF	2021	Bijapur	Retail > Coupons and Deals
TinyOwl	2014	Mumbai	Food and Agriculture Tech > Food Tech
Clarity	2021	Jhansi	HealthTech > Healthcare Booking Platforms
SpeakX	2020	Gurugram	EdTech > Continued Learning
LogiPe	2021	Bengaluru	FinTech > Payments
P-TAL	2017	Panchkula	Retail > Home Improvements
Invact	2021	Bengaluru	EdTech > K-12 EdTech
ReInGames	2018	Noida	Mobile > Mobile Gaming
Leap.Club	2019	Gurugram	Consumer > Social Platforms
Languify	2021	Mumbai	EdTech > Higher Education Tech
DevDham	2020	Noida	Consumer > Religion Tech
Brown Living	2019	Mumbai	Retail > Horizontal E-Commerce
Karban	2021	Jaipur	Retail > Home Improvements
Mekr	2022	Delhi	Enterprise Applications > Manufacturing Tech
Localwell	2019	Ahmedabad	HealthTech > Pharmacy IT
Boxs	2018	Chennai	Retail > Home Improvements
Oye Rickshaw	2017	Gurugram	Energy Tech > Electric Vehicles
Qoohoo	2020	Bengaluru	Media & Entertainment > Tech for Digital Publishers
Zivov	2020	Delhi	HealthTech > Healthcare IT
MadRat Games	2010	Bengaluru	EdTech > K-12 EdTech
Qorner	2020	Delhi	FinTech > Finance & Accounting Tech
Topmate	2021	San Francisco (United States)	Enterprise Applications > HRTech
Hunar	2022	Bengaluru	Enterprise Applications > HRTech
InterviewVector	2020	Panipat	Enterprise Applications > HRTech
Bcfd Technologies	2022	Delhi	Business Services > IT Services
Intervue	2020	Ludhiana	Enterprise Applications > HRTech
BlueLearn	2020	Bengaluru	Consumer > Social Platforms
BetaOut	2013	Noida	Retail > E-Commerce Enablers
Litifer	2016	Gurugram	Retail > Coupons and Deals
Bluepad	2021	Mumbai	Media & Entertainment > Digital Publishing Platforms
Express Stores	2019	Gurugram	Food and Agriculture Tech > Online Grocery
Truecarat Diamonds	2024	Mumbai	Consumer > Fashion Tech
Raskik	2019	Gurugram	Food and Agriculture > Food & Beverage Products
Wobb	2017	Delhi	Enterprise Applications > MarketingTech
FactoryPlus	2021	Noida	Enterprise Applications > Manufacturing Tech
Peppertype.ai	2019	Delhi	Enterprise Applications > MarketingTech
Ekank Technologies	2020	Delhi	Media & Entertainment > Digital Publishing Platforms
Protouch	2021	Ahmedabad	Consumer Goods > Beauty & Personal Care Products
Chirrup	2019	Bengaluru	Consumer > Communication Apps
Capabiliti	2014	Noida	Enterprise Applications > HRTech
KHEL GULLY	2021	Bengaluru	Gaming > eSports
Nap Chief	2019	India	Retail > Mom & Baby Care
BurnCal	2020	Ahmedabad	HealthTech > Fitness & Wellness Tech
Cozo Pet	2018	Gurugram	Consumer > Local Services
Maya Labs	2020	Bengaluru	Enterprise Infrastructure > Application Development Tools
Wakao	2021	Bengaluru	Consumer > Social Platforms
Cuvette	2020	Bengaluru	Enterprise Applications > HRTech
PayBuddy	2020	Bengaluru	FinTech > Alternative Lending
Workduck	2021	Bengaluru	Enterprise Applications > Product Management Tools
Prescribe	2019	Malappuram	HealthTech > Healthcare IT
Gigstart	2013	Mumbai	Enterprise Applications > Events Tech
Sorted	2022	Gurugram	Food and Agriculture > Food & Beverage Products
Speed Kitchen	2020	Delhi	Food and Agriculture Tech > Food Tech
Smylo	2024	Gurugram	Consumer Goods > Pet Care Products
Allrounder Cup	2019	Bengaluru	EdTech > K-12 EdTech
Truce	2015	Mumbai	Food and Agriculture Tech > Online Grocery
The Bread Company	2018	Delhi	Food and Agriculture > Food & Beverage Products
Firstouch	2011	Noida	–
Singulariti	2015	Bengaluru	Enterprise Applications > Vertical Business Intelligence
OMI	2020	Bengaluru	Consumer > Local Services
Finomena	2015	Bengaluru	FinTech > Alternative Lending
Overcart	2012	Delhi	Retail > Consumer Electronics E-Commerce
The Arc	2022	Bengaluru	Media & Entertainment > Internet First Media
Whisha	2015	San Francisco	–
Riyalto	2022	New York City	Consumer > Fashion Tech
Routofy	2013	Delhi	Consumer > Online Travel
Daybreak	2022	Mumbai	Retail > Beauty Tech
The Naturik Co	2022	Mohali	Food and Agriculture > Food & Beverage Products
GoPlannr	2017	Bengaluru	FinTech > Insurance IT
Yinara	2024	Delhi	Consumer > Fashion Tech

Kunal Bahl Investment Exits

Zenatix, Supr Daily, Raskik, LetsVenture, Indus OS, Fynd, Flyrobe, and more.

FAQs

What companies are part of Kunal Bahl’s investments?

Some of the key companies Kunal Bahl has invested in include Truecarat Diamonds, Ola, Shadowfax, Jupiter, Unicommerce, Bewakoof, P-TAL, DevDham, Slick, SayF, PingoLearn, Intervue, Pepper Content, Credgenics, and more.

Is Kunal Bahl a judge on Shark Tank India?

Yes, Kunal Bahl joined the judges’ panel in Shark Tank India Season 4. He has invested in companies featured on the show, like Kiwi Kisan Window, BL Fabric, Burger Bae, Moderate, and more.

What offer did Kunal Bahl make for Kiwi Kisan Window on Shark Tank India?

Kunal Bahl made a deal of INR 2.5 crore for 10% equity in Kiwi Kisan Window, which was higher than the founders’ initial ask of INR 50 lakh for 1%. This was a rare and surprising offer that came from Bahl on Shark Tank India Season 4.

Did Kunal Bahl invest in Moderate?

Yes, Kunal Bahl, co-founder of Snapdeal, invested in the health brand Moderate during Shark Tank India Season 4. Moderate, backed by actress Huma Qureshi, secured a deal of INR 1 crore for 5% equity from Kunal Bahl and Aman Gupta.

What is Burger Bae, and what deal did it get on Shark Tank India?

Burger Bae is a Ludhiana-based D2C streetwear brand. It offers bold, trendy designs on affordable fashion items like T-shirts, hoodies, cord sets, and dresses. In Shark Tank India Season 4, Burger Bae secured an INR 2 crore investment for 20% equity from investors Kunal Bahl, Anupam Mittal, and Aman Gupta.

Kunal Bahl, one of the new members of the Shark Tank India panel, is the co-founder of which organizations?

Kunal Bahl, a new member of the Shark Tank India panel, is the co-founder of Snapdeal, one of India’s leading e-commerce platforms, and Titan Capital, an early-stage venture capital firm.

April 6, 2025

Shark Tank India Judges Net Worth | Who Are the Richest Sharks on Shark Tank India?
Shark Tank India created quite a stir with its four seasons in the country and amongst its people. People love the angst, new ideas of young entrepreneurs, and all the great advice provided by the ‘Sharks’.

The first season premiered on Sony LIV and Sony Entertainment Television from 20 December 2021 to 4 February 2022. The show was produced by Studio NEXT Sony Pictures Television. Apart from the splendid business models and innovative ideas, the main attraction of the show was the ‘Sharks’. With great popularity and success, it has had 4 successful seasons. After a long wait, Shark Tank India Season 5 has been confirmed to return in Sony LIV’s 2025 schedule, bringing investors and start-up founders together once more.

The ‘Sharks’ here are some of the country’s most influential and prominent entrepreneurs and are the ones who have taken charge of investing in the businesses. If the investors are impressed by the products and services, they naturally become a part of their business by investing in them. The show itself is possible because of the investors; they are the one who provides the funds that will take the business of the young entrepreneurs forward.

Now, don’t you want to know about the richest shark on Shark Tank India and the sharks providing a ladder to reach the top to all the young entrepreneurs who dreamt of conquering the business world with their exceptional ideas? Well, here we will talk about the ‘Sharks’, their net worth, and the ones who have supported the exceptional business models of young entrepreneurs on the show. So, without any further ado, let’s get started.

Shark Tank India Judges Net Worth
Ritesh Agarwal

Name Ritesh Agarwal

Company OYO Rooms

Net Worth Rs 14,400 crore

Ritesh Agarwal – Shark Tank India Judges

Ritesh Agarwal is the founder and CEO of OYO Rooms. He was the newly added Shark for season 3 of Shark Tank India. He dropped out of college after a few days to pursue his entrepreneurial dreams. His net worth is Rs 14,400 crore as per Hurun Rich List 2024, making him one of the richest sharks in Shark Tank India Season 4.

OYO Rooms, a worldwide hospitality marketplace established in 2012, assists travellers in locating inexpensive accommodations all around the world. This business advertises its leased and franchised hotels on its website so that customers may choose the rooms and living areas they want at a price they can afford.

Ritesh Agarwal’s Journey from Oravel to OYO

Discover the inspiring story of Ritesh Agarwal, founder of OYO, from humble beginnings to global success. Explore the journey of innovation and determination that shaped his remarkable story.

StartupTalkyshifa ali

Ronnie Screwvala

Name Ronnie Screwvala

Company UpGrad

Net Worth $1.55 billion (Rs 13,000 crore)

Ronnie Screwvala – Shark Tank India Judges

Ronnie Screwvala is an Indian entrepreneur and Chairperson and Co-Founder of upGrad, an online higher education platform that provides various courses in partnership with universities and industry experts. The valuation of upGrad is $2.25 billion. Ronnie Screwvala is a prominent figure in the Indian business and entertainment industry and has made significant contributions in the fields of media, entertainment, and education. He was a new addition to Shark Tank India’s third season.

He co-founded UTV Software Communications (now part of The Walt Disney Company) in 1990. UTV became one of India’s leading media and entertainment conglomerates. He then founded RSVP Movies in 2017. The company is a private Indian film production and distribution company. RSVP stands for Ronnie ScrewVala Production. Screwvala is also the founder of Unilazer Ventures and Swades Foundation. He took a step back from filmmaking after selling his company in 2012. The net worth of Ronnie Screwvala is $1.55 billion.

List of 118 Unicorn Startups in India | Top Unicorns in India

India has already seen 118 unicorn startups. Here’s an exhaustive list of all unicorn companies in India, including those that joined the unicorn club in 2025.

StartupTalkyAnik Banerjee

Amit Jain

Name Amit Jain

Company CarDekho

Net Worth $355 million (Rs 3,017 crore)

Amit Jain – Shark Tank India Judges

Amit Jain is the co-founder and CEO of CarDekho. He replaced Ashneer Grover in the second season of Shark Tank India. Mr. Jain, an IIT graduate, is one of the most successful entrepreneurs in India. The net worth of the shark Amit Jain is $355 million (approx).

Cardekho.com – a car buying and selling platform, was launched in 2008. It went through many ups and downs until a Series-A funding of $15 Million was secured in 2013. Now Cardekho is a unicorn with a valuation of over $1.2 billion. Amit Jain reportedly charges INR 7 lakh per episode.

Deepinder Goyal

Name Deepinder Goyal

Company Zomato

Net Worth $1.8 billion (Rs 15,274 crore)

Deepinder Goyal – Shark Tank India Judges

Deepinder Goyal is the co-founder and CEO of Zomato. He was the newly added Shark for season 3 of Shark Tank India. Mr. Goyal has graduated from IIT Delhi. His company, Zomato, is a publicly listed company on the National Stock Exchange of India. Zomato’s subsidiaries are Blinkit and Urbanspoon. As of December 2024, Zomato has a Market Cap of $32.71 billion. The current net worth of Deepinder Goyal stands at $1.8 billion. He was one of the richest sharks in Shark Tank India season 3.

One of the most extensive and user-friendly apps for locating nearby eateries where you can eat or place an online food order is Zomato. In order to gather factual information on restaurants, it also provides menus, reviews, and ratings. The company became a unicorn in February 2018.

Deepinder Goyal is not part of Shark Tank India season 4. While rumours suggested his exit was due to Swiggy’s sponsorship, the show’s makers clarified that his absence was due to scheduling conflicts, and they would be happy to have him on future seasons.

Deepinder Goyal Success Story: Biography | Zomato | Net Worth

Deepinder Goyal is the Co-founder and CEO of Zomato. Know more about his education, his net worth, his idea of founding Zomato, and his Success Story. Know more on Deepinder Goyal Wikipedia.

StartupTalkyRishabh Rathi

Ashneer Grover

Name Ashneer Grover

Company BharatPe

Net Worth $108 million (Rs 900 crore)

Ashneer Grover – Shark Tank India Judges

Ashneer Grover was the managing director and founder of BharatPe, an Indian fintech company that was founded in 2018. This UPI-based app became a Unicorn in the year 2021 and currently, the value of the company is around $2.9 billion. The net worth of Ashneer Grover is $108 million.

BharatPe is an acquaintance of small-scale businesses and provides them with their payment service. Grover’s BharatPe gives intense competition to other online payment apps like Mobikwik, Paytm, and PhonePe. Ashneer Grover got INR 10 lakh per episode. However, he discontinued as a shark after season one.

Apart from BharatPe, he has also invested in companies like OTO Capital, The Whole Truth, IndiaGold, and Front Row. He has invested in various startups on the show, like TagZ Foods, Zoro, Fello, etc. Ashneer Grover announced his resignation from the BharatPe on 28 February 2022. He is currently the co-founder of Third Unicorn, Crickpe. The company provides a cricket fantasy gaming platform. The company allows players to participate in public, private, and “mega contests” to earn cash prizes.

Aman Gupta

Name Aman Gupta

Company boAt

Net Worth $87 million (Rs 720 crore)

Aman Gupta – Shark Tank India Judges

Aman Gupta is the co-founder and CMO of India’s biggest wearable brand boAt. The company has taken not only the country but the whole world by storm with its affordable and good-quality audio ear-wear. The net worth of the shark Aman Gupta is approximately $87 million.

boAt has captured the Indian electronic gadgets market brilliantly. He co-founded boAt in the year 2016 and has transformed the company into one of the biggest audio brands since then. He has invested in various startups on the show like Nuutjob, Altor, Revamp Moto, Ariro, etc. Aman Gupta received more than INR 9 lakh per episode in season 2.

List of All Startups Funded by Aman Gupta | Aman Gupta Investments

Aman Gupta is the co-founder and CMO of boAt and has invested in many companies in and out of Shark Tank India. Check out the list of all the Aman Gupta investments. Explore the list of Aman Gupta portfolio companies here.

StartupTalkyMuskaan Kapoor

Namita Thapar

Name Namita Thapar

Company Emcure Pharmaceuticals

Net Worth $67 million (Rs 600 crore)

Namita Thapar – Shark Tank India Judges

Namita Thapar is a businesswoman who is leading the pharmaceutical industry with Emcure Pharmaceuticals. It is a multinational pharma company founded in the year 1983 and Thapar is currently the CEO of the company. She has invested in various startups on the show like Brainwired, Sunfox Technologies, Kabaddi Adda, Sneakare, etc. Namita Thapar charged approximately INR 8 lakh per episode.

List of Namita Thapar Investments | Startups Funded by Namita Thapar of Emcure Pharmaceuticals

Namita Thapar is Emcure Pharmaceuticals’ Executive Director and Shark Tank India judge. Check out the entire list of Namita Thapar’s investments in startups here.

StartupTalkyBharath

Peyush Bansal

Name Peyush Bansal

Company Lenskart

Net Worth $72 million (Rs 600 crore)

Peyush Bansal – Shark Tank India Judges

Peyush Bansal made his name by launching India’s biggest eyewear retail chain Lenskart. It was founded in the year 2010 and has been increasing the bar simultaneously. The current value of the company is $5.6 billion. The eyewear industry in India has revolutionized because of Lenskart and has been turning heads worldwide. He has invested in various startups on the show like Loka, Hair Originals, Isak Fragrances, etc. Peyush Bansal got INR 7 lakh per episode. The net worth of Peyush Bansal stands at $72 million (approx).

How Valuation Is Calculated in Shark Tank India

Dive into the world of Shark Tank India and discover the secrets behind company valuation. Uncover the negotiation strategies and valuation methods employed as entrepreneurs pitch their ideas to the sharks.

StartupTalkyTejas Mundhada

Azhar Iqubal

Name Azhar Iqubal

Company Inshorts

Net Worth –

Azhar Iqubal – Shark Tank India Judges

Azhar Iqubal is the co-founder and Chairman of the well-known news aggregation app, Inshorts. He is a dropout from the Indian Institute of Technology (IIT). With Deepit Purkayastha and Anunay Arunav, he founded Inshorts as a Facebook page, which was introduced in 2013. The Inshorts app is currently worth around $550 million. Azhar was a new addition to Shark Tank India season 3 and will continue as a shark in season 4.

Success Story of Azhar Iqubal – Co-Founder and CEO of Inshorts

Dive into the Shark Tank India sensation, Azhar Iqubal, the visionary behind Inshorts, the news app disrupting the media landscape, and discover his entrepreneurial journey.

StartupTalkyKanimozhi Sivakumar

Vineeta Singh

Name Vineeta Singh

Company Sugar Cosmetics

Net Worth $36 million (Rs 300 crore)

Vineeta Singh – Shark Tank India Judges

Vineeta Singh is an entrepreneur who proves that following your dreams with courage is what you need. She is the CEO and Co-Founder of Sugar Cosmetics, one of the largest Indian brands of cosmetics that is growing at an intense speed. She is an Alumni of IIT Madras and IIM Ahmedabad, the amazing part is she rejected a INR 1 crore job offer to follow her dream of running her own company.

Sugar was founded in the year 2012 and is a cruelty-free makeup brand that has captured the heart of the Indian audience. The current value of Sugar Cosmetics is $700 million (approx). She has invested in various startups on the show like Booz, Humpy Farms, Wakao Foods, etc. Vineeta Singh charged INR 5 lakh per episode.

Vineeta Singh Success Story: The Driving Force of Sugar Cosmetics | Education | Net Worth

Vineeta SIngh is the co-founder of Sugar Cosmetics and is one of the Sharks in Shark Tank India. She is the most famous Indian Entrepreneur in the D2C Cosmetics industry. Learn about the life story of Vineeta Singh starting from her early life, her education, her age, her entrepreneurial journey, her struggles her current state, and much more.

StartupTalkySarika Anand

Anupam Mittal

Name Anupam Mittal

Company Shaadi.com, Makaan.com

Net Worth $21.81 (Rs 185 crore)

Anupam Mittal – Shark Tank India Judges Net Worth

Anupam Mittal is another popular shark in the business reality show. He is the founder and CEO of Shaadi.com and Makaan.com and is said to be one of the top angel investors in the country. The net worth of Anupam Mittal stands at $21.81 million. After graduating from Boston College, Mittal founded Shaadi.com in the year 1997 as Sagaai.com and changed its name in 2001. The total number of users of Shaadi.com in 2023 is estimated to be 35 million.

He has also invested in startups like OLA. In Shark Tank, he has invested in various startups on the show like Lysto, VivaLyf, Bamboo India, Tweek Labs, etc. Anupam Mittal received more than INR 7 Lakh per episode.

Anupam Mittal Story: Founder of Shaadi.com | Net Worth | Education |

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StartupTalkyManav Makhija

Ghazal Alagh

Name Ghazal Alagh

Company Mamaearth

Net Worth $20 million (Rs 150 crore)

Ghazal Alagh – Shark Tank India Judges

Ghazal Alagh founded one of the most popular personal products brands, Mamaearth, in the year 2016. The brand specializes in chemical-free baby-care products, and it now manufactures personal products for everyone. Mamaearth entered the Unicorn Club in the year 2022. The company launched its IPO on November 7, 2023. Ghazal Alagh got INR 8 lakh per episode. However, she discontinued the show after Shark Tank India season 1.

Ghazal Alagh Success Story: Mamaearth Founder | Biography | Education

Explore the inspiring journey of Ghazal Alagh, a visionary mompreneur redefining success. Join us in discovering how she seamlessly integrates mom and entrepreneur roles, leaving a lasting impact on the business world. Find out about Ghazal Alagh’s success story, including her early life, history, net worth, childhood, personal life, education, achievements, and more.

StartupTalkyKanimozhi Sivakumar

Radhika Gupta

Name Radhika Gupta

Company Edelweiss Mutual Fund

Net Worth Rs 41 crore

Radhika Gupta – Shark Tank India Judges

Radhika Gupta is a successful entrepreneur and investor. She was a new addition to the Shark Tank India season 3 judging panel. She has been the Managing Director and CEO of Edelweiss Mutual Fund since 2017, and she has helped the company expand to become one of India’s top mutual fund houses. Under Gupta’s leadership, Edelweiss Mutual Fund has grown into a leading player in the Indian mutual fund industry. The company has launched a number of innovative products and services and has consistently outperformed the benchmark indices. The net worth of Radhika Gupta is Rs 41 Crores.

Edelweiss Mutual Fund has total assets under management (AUM) of Rs 1,64,554 crores. It manages 399 schemes, including 26 Equity schemes, 16 Debt schemes, 4 Hybrid schemes, and 2 Money Market schemes.

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Varun Dua

Name Varun Dua

Company Acko

Net Worth Rs 107 crore

Varun Dua – Shark Tank India Judges Net Worth

Varun Dua is an Indian entrepreneur and the founder of Acko, an insurance technology (insurtech) startup that provides digital insurance solutions for individuals and businesses. He is recognized as a pioneer in the Indian insurtech space and has been credited with transforming the insurance industry through innovative technology and customer-centric approaches. The valuation of Acko Insurance is $1.4 billion.

Varun Dua was introduced as a new judge to the Shark Tank India season 3 panel. Dua’s entrepreneurial acumen and his commitment to innovation have earned him recognition as a leading figure in the Indian startup ecosystem. He has been featured in Forbes’ 30 Under 30 India list and has received numerous awards for his contributions to the insurance industry.

Varun Dua: The Visionary Behind India’s Insurtech Revolution | Education | Family | Net worth | Acko

Discover Varun Dua’s inspiring journey as the founder of Acko, India’s leading digital insurance platform, and his impact on the insurtech industry. Learn about Varun Dua’s family, education, net worth, age, and more from this article.

StartupTalkySarika Anand

Kunal Bahl

Name Kunal Bahl

Company Snapdeal, Titan Capital

Net Worth –

Kunal Bahl – Shark Tank India Judges

Kunal Bahl is an Indian entrepreneur known for co-founding Snapdeal, a leading e-commerce platform, and Titan Capital, a prominent venture capital firm. Bahl has significantly impacted the Indian startup ecosystem by investing in companies like Ola and Mamaearth. He also holds key positions in organizations such as NASSCOM and the National Startup Advisory Council, showcasing his influence in India’s business landscape. Kunal Bahl is the newest shark on Shark Tank India season 4.

Kunal has received various prestigious awards including Ernst & Young Entrepreneur of the Year (Startup), Fortune Global 40 under 40, and The Economic Times Entrepreneur of the Year, among others.

Kunal Bahl: The Newest Shark in Shark Tank India | Personal Life | Education | Snapdeal

Explore the biography of Kunal Bahl, co-founder of Snapdeal and Titan Capital. Learn about his early life, education, investments, and more.

StartupTalkyShubham Kumar

Viraj Bahl

Name Viraj Bahl

Company Veeba

Net Worth –

Viraj Bahl – Shark Tank India Judges

Viraj Bahl is the Founder and Managing Director of Veeba (VRB Consumer Products Pvt. Ltd.), a leading consumer food brand. He has joined the cast of Shark Tank India Season 4. Viraj is known for his deep understanding of the food industry. He is excited to share his knowledge and mentor entrepreneurs with great, scalable ideas.

His experience in building a successful business will help guide those looking for investments and advice. Viraj has studied Industrial Marine Engineering at Singapore Polytechnic.

Viraj Bahl: The Sauce King of India’s FMCG Sector | Education | Biography | Career |

Discover Viraj Bahl’s journey from a failed restaurant business to building an INR 1,000 crore brand and becoming a new shark on Shark Tank India. Learn more about Viraj Bahl’s education, career, etc.

StartupTalkySakshi Jadhav

Mohit Yadav

Name Mohit Yadav

Company Minimalist

Net Worth –

Mohit Yadav – Shark Tank India Judges

Mohit Yadav is the Co-Founder of Minimalist, a popular skincare and haircare brand known for its clean, transparent, and science-backed formulations. He has joined the cast of Shark Tank India Season 5. Mohit is recognised for his deep understanding of the beauty and consumer products industry and his commitment to honest, research-based innovation.

His entrepreneurial journey spans ventures like Freewill and Oto.com, and senior roles at CarDekho, Deloitte, and Credit Suisse. Mohit is a qualified Chartered Accountant, holding an ACA in Finance and Accounts from The Institute of Chartered Accountants of India, where he was a gold medalist.

His experience in scaling successful businesses will help him guide and mentor budding entrepreneurs seeking both investment and strategic insight.

Srikanth Bolla

Name Srikanth Bolla

Company Bollant Industries

Net Worth –

Srikanth Bolla – Shark Tank India Judges

Srikanth Bolla is the Founder and Chairman of Bollant Industries, a company based in Hyderabad. It makes eco-friendly and biodegradable packaging products. He has joined the cast of Shark Tank India Season 4. Srikanth is known for supporting people with disabilities and building a business that helps the environment.

Born blind, Srikanth faced many challenges but stayed determined. He studied Management Science at the Sloan School of Management, Massachusetts Institute of Technology (MIT), and was the first visually impaired student in that course.

Srikanth is excited and all set to guide new founders and support business ideas that are both smart and socially responsible.

How a Blind Man Built a Multi-Crore Business: The Srikanth Bolla Story

Discover the remarkable story of Srikanth Bolla, a visually impaired entrepreneur who defied all odds to build a successful business empire. A journey of courage, resilience, and inspiration. Learn about his career, biography, shark tank and more.

StartupTalkySakshi Jadhav

Vikas D Nahar

Name Vikas D Nahar

Company Happilo

Net Worth –

Vikas D Nahar – Shark Tank India Judges

Vikas D Nahar is an Indian businessman who has made a name for himself in the healthy food industry. He is the founder of Happilo International, a company that specializes in offering high-quality dried fruits, nuts, seeds, dates, hampers, and more. Despite facing numerous rejections, Vikas persevered and successfully raised funds for Happilo, which has now become a well-known health food brand.

Nahar was the guest shark for the grand finale of Shark Tank India Season 2. A special “digital-only” episode on SonyLiv called “Gateway to Shark Tank India 2” aired, wherein aspiring business owners got the chance to interact with Vikas and other sharks and pitch their ideas to them.

Conclusion

Shark Tank created a huge buzz in the country and has become a very popular business reality show in India. Various entrepreneurs from different parts of the country came here to showcase their innovative business plans in front of the sharks in the hope of getting investments for their companies. The Shark Tank India judges provided investments to their preferred business ideas and gave them a chance to flourish with their ideas. Season three of this show is anticipated to be bigger, with quality judges and creative business ideas.

FAQs

Who is the richest shark in Shark Tank India?

The richest sharks on Shark Tank India include Ritesh Agarwal, Ronnie Screwvala, Amit Jain, Aman Gupta, Anupam Mittal, and more.

Who were the newly added Sharks in Shark Tank India Season 3?

Ritesh Agarwal (Founder of OYO Rooms), Deepinder Goyal (Co-founder of Zomato), Azhar Iqubal (Co-founder of Inshorts), Radhika Gupta (CEO of Edelweiss Mutual Fund), Varun Dua (Founder of Acko), and Ronnie Screwvala (Co-founder of UpGrad) were the newly added sharks.

How much do Shark Tank India judges earn per episode?

The sharks earn between INR 5-10 lakhs per episode, with varying rates depending on their profile and involvement.

Will Deepinder Goyal return to Shark Tank India season 4?

Deepinder Goyal is not part of Shark Tank India season 4. While rumours suggested his exit was due to Swiggy’s sponsorship, the show’s makers clarified that his absence was due to scheduling conflicts, and they would be happy to have him on future seasons.

Is there a Billionaire in Shark Tank India?

Deepinder Goyal, the founder of Zomato, has a net worth of $1.7 billion, and Ronnie Screwvala, with a net worth of $1.53 billion, has been among the billionaires featured on Shark Tank India in previous seasons.

What is Aman Gupta net worth?

The net worth of Aman Gupta is $93 million (INR 720 Crores).

What is Anupam Mittal net worth?

The net worth of Anupam Mittal is $21.8 million (INR 185 Crores).

Who is the newest shark in Shark Tank India season 4?

Kunal Bahl, co-founder of Snapdeal and Titan Capital, and Viraj Bahl, Founder and Managing Director of Veeba, have joined the panel of judges on Shark Tank India Season 4. In March 2025, Srikanth Bolla, Founder and Chairman of Bollant Industries, also joined the judges’ panel.
March 17, 2025
Sharks on Land: A Look at Shark Tank India Judges’ Achievements
The Shark Tank India judges each have an impressive resume full of varied skills and noteworthy accomplishments from their respective fields. Aside from their roles as judges on the show, these individuals have made significant contributions to a variety of industries, demonstrating remarkable leadership, creativity, and entrepreneurship.

Their travels are engraved with stories of victory and difficulties, capturing the essence of perseverance and vision. From pioneering ventures to leading multimillion-dollar enterprises, their footprints are felt across industries, making an everlasting influence on the Indian economic landscape. Their contributions will inspire future generations and pave the way for a more prosperous and promising future for humankind as the journey progresses.
Ashneer Grover

Name Ashneer Grover

Born 14 June 1982

Position Ex-founder and Managing Director of BharatPe

Achievements of Shark Tank India Judges – Ashneer Grover

As the ex-founder and Managing Director of BharatPe, Ashneer Grover has left an indelible mark on India’s fintech landscape. A graduate of the Indian Institute of Technology, Delhi, and the Indian Institute of Management, Ahmedabad, Grover’s journey includes stints at renowned companies like Kotak Investment Bank, Grofers, PC Jeweller Ltd., and American Express. His brainchild, the BharatPe app, launched in 2018, has garnered over one crore downloads on the Play Store.

Grover’s accolades include:
- The Entrepreneur of the Year award in January 2021
- The Young Achiever’s award was also bestowed upon him in January 2021
Vineeta Singh

Name Vinita Singh

Born 1983

Position Co-founder & CEO of Sugar Cosmetics

Achievements of Shark Tank India Judges – Vineeta Singh

Co-founder & CEO of Sugar Cosmetics, Vineeta Singh, has been instrumental in shaping the beauty industry in India.

Vineeta’s entrepreneurial journey has been decorated with numerous accolades:
- The Startup of the Year 2019 by Entrepreneur Awards, Delhi
- Singh’s leadership prowess landed her on the cover of Forbes Most Powerful Women (MPW) in Business in December 2021
- She was recognized in the Economic Times’ 40 Under 40 list in 2021
Aman Gupta

Name Aman Gupta

Born 4 March 1982

Position Co-founder and Chief Marketing Officer of boAt

Achievements of Shark Tank India Judges – Aman Gupta

A powerhouse in the tech industry, Aman Gupta is the co-founder and Chief Marketing Officer at boAt. Gupta’s entrepreneurial spirit has been lauded with several prestigious awards, such as the Businessworld Young Entrepreneur Award in 2019 and the Entrepreneur of the Year Award in 2020. Under his leadership, the boat achieved the distinction of being named the World’s Top 5 Wearable Brand in both 2020 and 2021.

Aman Gupta’s other achievements include:
- In 2019, he was on the list of Entrepreneur India Tech 25 Class
- In 2020, he was the winner of Super 30 CMOs
- In 2020, he was on the list of 40 under 40 Achievers by Businessworld, The Economic Times
- In 2021, he won the Lokmat Most Stylish Entrepreneur of the Year
- In 2021, he was on the list of 40 Under 40 list of Economic Times
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Anupam Mittal

Name Anupam Mittal

Born 23 December 1971

Position Founder & CEO of People Group and Shaadi.com

Achievements of Shark Tank India Judges – Anupam Mittal

As the founder & CEO of People Group and Shaadi.com, Anupam Mittal has revolutionized the online matchmaking industry. His impact extends beyond business, as he has been recognized among the top 25 people frequently searched by The Week magazine and listed among India’s 50 Most Powerful People by Business Week.

Anupam Mittal’s contributions have earned him below accolades:
- The Entrepreneur of the Year award by IT People
- The Karamveer Puraskar
Namita Thapar

Name Namita Thapar

Born 21 March 1977

Position Executive Director of Emcure Pharmaceuticals

Achievements of Shark Tank India Judges – Namita Thapar

Namita Thapar, Executive Director of Emcure Pharmaceuticals, is a trailblazer in the pharmaceutical sector.

Namita’s exemplary leadership has garnered numerous achievements:
- Recognition in The Economic Times Women Ahead List 2017
- The Economic Times’ 40 Under Forty
- India’s Hottest Young Business Leaders List 2017
- The Barclays Hurun Next Gen Leader Recognition and
- The World Women Leadership Congress Super Achiever Award
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Ghazal Alagh

Name Ghazal Alagh

Born 2 September 1988

Position Co-founder and Chief Mama of Mamaearth

Achievements of Shark Tank India Judges – Gazal Alagh

Co-founder and Chief Mama of Mamaearth, Ghazal Alagh, has made significant strides in the realm of sustainable and natural beauty products.

Gazal Alagh’s entrepreneurial journey has been punctuated with achievements such as receiving:
- The Best Brand of the Year award for Mamaearth in 2018-2019
- Named one of India’s forty under forty achievers in 2019.
- Alagh’s commitment to excellence was further underscored by the Super StartUps Asia Award in 2019.
Ritesh Agarwal

Name Ritesh Agarwal

Born 16 November 1993

Position Founder and CEO of OYO Rooms

Achievements of Shark Tank India Judges – Ritesh Agarwal

Founder and CEO of OYO Rooms, Ritesh Agarwal‘s entrepreneurial journey began at a young age and has catapulted him to global recognition. His remarkable achievements include being the first Asian resident to win the ’20 Under 20’ Thiel Fellowship and being listed in Forbes’s “30 Under 30” in the consumer tech sector. Agarwal’s innovative approach to hospitality has redefined the concept of budget accommodation worldwide.

Ritesh’s other achievements include:
- Top 50 Entrepreneurs by TATA First Dot Awards in 2013
- Listed as “One of the 8 Hottest Teenage Startup Founders in the World” by Business Insider in 2013
- Received TiE – Lumis Entrepreneurial Excellence Award in 2014
- Young Entrepreneur Award by Business World in 2018
Azhar Iqubal

Name Azhar Iqubal

Born 1993

Position Co-founder and CEO of Inshorts

Achievements of Shark Tank India Judges – Azhar Iqubal

Azhar Iqubal, co-founder and CEO of Inshorts, is a visionary entrepreneur who has disrupted the media landscape with his innovative news aggregation platform.

Iqubal’s achievements include:
- Business World 40 under 40
- Fortune India 40 under 40
- Business World Young Entrepreneur Award
- The Most Enterprising Brands
- Leaders of Asia Award
- Forbes India 30 under 30
- Forbes Asia 30 under 30
Ronnie Screwvala

Name Ronnie Screwvala

Born 8 September 1962

Position Co-founder of upGrad

Achievements of Shark Tank India Judges – Ronnie Screwvala

Co-founder of upGrad, Ronnie Screwvala, has been at the forefront of India’s digital education revolution. His contributions extend beyond business, as evidenced by the Swades Foundation, which aimed to lift a million people out of poverty. U Sports focused on nurturing talent in Kabaddi, E-Sports, and Football.

Ronnie’s achievements include:
- Esquire listed him as one of the 75 Most Influential People of the 21st Century in 2008
- The Time 100 placed him 78th out of the 100 most influential people worldwide
- Fortune Magazine ranked him as one of the 25 Most Powerful People in Asia.
Radhika Gupta

Name Radhika Gupta

Born 14 September 1983

Position Managing Director and CEO of Edelweiss Mutual Funds

Achievements of Shark Tank India Judges – Radhika Gupta

Managing Director and CEO of Edelweiss Mutual Funds, Radhika Gupta, is a stalwart in the finance sector and is recognized for her exemplary leadership and contributions. Gupta’s work in the finance sector has been acknowledged with various awards, including:
- LinkedIn Top Voices in India −2021 in Finance & Economy in 2020
- Fortune India’s 50 Most Powerful Women in Business in 2020
- Economic Times 40 Under 40 Business Leaders Award in 2021
- The Impact Creator Awards 2021, presented by the Governor of Maharashtra in 2021
- Business Today: Most Powerful Women in Indian Business Awards
- Young Global Leader by the World Economic Forum- 2022
- CII Young Women Leader of the Year from the Confederation of Indian Industry (CII) in 2022
- Forbes Women Power: Self-Made Women by Forbes India in 2022
- Business Book of the Year: Self Help (Limitless) by FICCI Publishing, awarded in 2023
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Deepinder Goyal

Name Deepinder Goyal

Born 26 January 1983

Position Co-founder and CEO of Zomato, Director of Upslope

Achievements of Shark Tank India Judges – Deepinder Goyal

Deepinder Goyal is the co-founder and CEO of Zomato, a leading food delivery and restaurant discovery company. He started Zomato in 2008 with Pankaj Chaddah. Before Zomato, he worked at Bain & Company as a consultant. Deepinder is an IIT Delhi graduate and has played a key role in Zomato’s global growth.

Deepinder Goyal won the ‘Entrepreneur of the Year’ award. Union Minister Ashwini Vaishnaw presented him with the award at the NDTV Indian of the Year—2024 event.

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Peyush Bansal

Name Peyush Bansal

Born 26 April 1985

Position Co-founder and CEO of Lenskart

Achievements of Shark Tank India Judges – Peyush Bansal

Peyush Bansal is the CEO and Co-Founder of Lenskart. He holds a Bachelor’s degree in Electrical Engineering — IT, Control, and Automation from McGill University. After a brief stint as a Program Manager at Microsoft, Bansal realized his desire to make a significant impact and returned to India to address the problem of vision correction. Peyush Bansal has been awarded with various accolades, some of his achievements are as follows:
- Awarded Innovator of the Year Award at NDTV Indian of The Year Awards 2023-24
- He received the ‘India TV Yuva Awards in 2015
- Red Herring Top 100 Asia Award 2013
- Emerging Entrepreneur of the Year Award in 2012
- British Honors Award at McGill University
- Best 40 under 40 Entrepreneurs 2019 Fortune India
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Varun Dua

Name Varun Dua

Born 1981

Position Co-founder and CEO of Acko, Co-founder of Coverfox & Glitterbug Technologies

Achievements of Shark Tank India Judges – Varun Dua

Varun Dua is the CEO and the founder of the company, Acko. He completed his education at MICA, Ahmedabad, and the University of Mumbai. After finishing his graduation, Varun served as a trainee at Leo Burnett Advertising for less than a year. He then started his career as a marketing manager at Tata AIG Life Insurance and Franklin Templeton Investments. Varun then founded Coverfox Insurance Broking Pvt. Ltd. Before he founded Coverfox in 2013, Varun founded Glitterbug Technologies. Varun Dua holds a prominent role as one of the Sharks on Season 3 of Shark Tank, adding his expertise and insights to the entrepreneurial landscape.

His achievements include:
- Featured in Forbes’ “30 Under 30” list for Finance.
- Won the Global New Venture Challenge in 2020, receiving $20,000 for his startup idea.
- Recognized as an influential entrepreneur by several business publications.
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Kunal Bahl

Name Kunal Bahl

Born 1 January 1984

Position Co-founder of Snapdeal and Titan Capital

Achievements of Shark Tank India Judges – Kunal Bahl

Kunal is the co-founder of Snapdeal. Bahl was a student at the University of Pennsylvania, where he completed a degree in Systems Engineering. He is also an alumnus of The Wharton School where he studied Marketing and Operations Strategy and also did Executive Program in Marketing from Northwestern University – Kellogg School of Management.

Bahl was also there in the Jerome Fischer M&T Program. In his professional career, Kunal started as an Independent Director of Piramal Enterprises Limited before co-founding Snapdeal in 2010. Bahl also co-founded Titan Capital in 2011 and AceVector Group in June 2022. Thus, Kunal can be summed up as an investor and entrepreneur who aims to create impact through entrepreneurship.

Kunal Bhal has been awarded with the following awards:
- BMA Entrepreneur of the Year 2014
- ET Top 50 Entrepreneurs of India 2014
- Ranked 25 on Fortune 40 under 40 most influential business leaders list 2014
- EY Entrepreneur of the Year – Startup 2014
- Nasscom NextGen Entrepreneur 2014
- The Economic Times Entrepreneur of the Year Award 2015
- AIMA Transformational Business Leader of the Year
- Indian Affairs Business Leader of the Year 2015
- The Joseph Wharton Award for Young Leadership 2018
- The Economic Times Comeback Award 2019
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Viraj Bahl

Name Viraj Bahl

Born 1980

Position Founder & Managing Director of Veeba

Achievements of Shark Tank India Judges – Viraj Bahl

Viraj Bahl is an innovative young entrepreneur with a passion for food. Viraj was born into a long line of entrepreneurs. He wanted to prove to his father that he could be more than just his son.

Viraj had a lifelong passion for working in the food industry. From a failed restaurant business to building an INR 1,000 crore brand and becoming a new panelist on Shark Tank India, Viraj Bahl is a visionary entrepreneur whose passion for food turned into a national success. With much hard work, along with a few roadblocks, today Veeba stands as one of the largest homegrown sauce and condiments brands in India.

Viraj’s achievements include:
- Entrepreneur of the Year 2020 – Economic Times Awards for Innovation and Excellence in Indian Food Industry.
- Top 50 Most Admired Entrepreneurs in India, 2018 Business Today for visionary leadership in building Veeba Foods.
- Best Food Processing Brand, 2019 – Veeba, the Indian Food Forum has given an award that recognizes its high-quality and innovative offerings.
- Sustainable Business Excellence 2021 Winner from FSSAI for Veeba’s commitment towards sustainability and healthy food production practices.
- Fastest-Growing FMCG Brand, 2022 – Economic Times Edge Awarded to Veeba for fast growth and impact in the FMCG sector.
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Vikas D Nahar

Name Vikas D Nahar

Born 1984

Position Founder and CEO, Happilo

Achievements of Shark Tank India Judges – Vikas D Nahar

Born in Bangalore, Vikas D Nahar comes from a farming family background that grew pepper and coffee. He earned his Bachelor of Science in Computer Application from Bangalore University and began his career as a Senior Import Manager (Asia) at Jain Group Pvt. Ltd. Afterward, he pursued a Master of Business Administration in Marketing from the Symbiosis Centre For Management and Human Resource Development in Pune.

Following his MBA, Vikas joined Satvikk Speciality Foods Pvt. Ltd. as the Managing Director. Satvikk Speciality Foods is a health-focused food store that opened its first branch in Bangalore in December 2011. Vikas served as its Managing Director for almost five years. His experience at Satvikk finally helped him establish Happilo, the popular gourmet healthy food brand, in 2016.

Nahar has received numerous prestigious awards and recognitions, including:
- Entrepreneur of the Year 2021 by the Indian Achievers Forum
- ET Entrepreneur of the Year
- SIAL Innovation Awards 2022
- Times’ 40 Under 40
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FAQs

What is Shark Tank India?

Shark Tank India is an Indian business reality television series based on the popular global format Shark Tank. It has budding entrepreneurs pitching their business ideas to a panel of potential investors called ‘Sharks’ to secure investment deals.

Who will be the sharks in Shark Tank India?

Vineeta Singh, Peeyush Bansal, Namita Thapar, Anupam Mittal, Amit Jain, Deepinder Goyal, Varun Dua, Radhika Gupta, Ronnie Screwvala, Azhar Iquabal, Ritesh Agarwal, and Aman Gupta are the sharks in Shark Tank India. Season four of the show will feature two new sharks, Kunal Bahl and Viraj Bahl.

When will Shark Tank premiere in India?

Shark Tank Season Four premiered on Sony LIV on January 06, 2025.
January 15, 2025

Name	Ritesh Agarwal
Company	OYO Rooms
Net Worth	Rs 14,400 crore

Name	Ronnie Screwvala
Company	UpGrad
Net Worth	$1.55 billion (Rs 13,000 crore)

Name	Amit Jain
Company	CarDekho
Net Worth	$355 million (Rs 3,017 crore)

Name	Deepinder Goyal
Company	Zomato
Net Worth	$1.8 billion (Rs 15,274 crore)

Name	Ashneer Grover
Company	BharatPe
Net Worth	$108 million (Rs 900 crore)

Name	Aman Gupta
Company	boAt
Net Worth	$87 million (Rs 720 crore)

Name	Namita Thapar
Company	Emcure Pharmaceuticals
Net Worth	$67 million (Rs 600 crore)

Name	Peyush Bansal
Company	Lenskart
Net Worth	$72 million (Rs 600 crore)

Name	Azhar Iqubal
Company	Inshorts
Net Worth	–

Name	Vineeta Singh
Company	Sugar Cosmetics
Net Worth	$36 million (Rs 300 crore)

Name	Anupam Mittal
Company	Shaadi.com, Makaan.com
Net Worth	$21.81 (Rs 185 crore)

Name	Ghazal Alagh
Company	Mamaearth
Net Worth	$20 million (Rs 150 crore)

Name	Radhika Gupta
Company	Edelweiss Mutual Fund
Net Worth	Rs 41 crore

Name	Varun Dua
Company	Acko
Net Worth	Rs 107 crore

Name	Kunal Bahl
Company	Snapdeal, Titan Capital
Net Worth	–

Name	Viraj Bahl
Company	Veeba
Net Worth	–

Name	Mohit Yadav
Company	Minimalist
Net Worth	–

Name	Srikanth Bolla
Company	Bollant Industries
Net Worth	–

Name	Vikas D Nahar
Company	Happilo
Net Worth	–

Name	Ashneer Grover
Born	14 June 1982
Position	Ex-founder and Managing Director of BharatPe

Name	Vinita Singh
Born	1983
Position	Co-founder & CEO of Sugar Cosmetics

Name	Aman Gupta
Born	4 March 1982
Position	Co-founder and Chief Marketing Officer of boAt

Name	Anupam Mittal
Born	23 December 1971
Position	Founder & CEO of People Group and Shaadi.com

Name	Namita Thapar
Born	21 March 1977
Position	Executive Director of Emcure Pharmaceuticals

Name	Ghazal Alagh
Born	2 September 1988
Position	Co-founder and Chief Mama of Mamaearth

Name	Ritesh Agarwal
Born	16 November 1993
Position	Founder and CEO of OYO Rooms

Name	Azhar Iqubal
Born	1993
Position	Co-founder and CEO of Inshorts

Name	Ronnie Screwvala
Born	8 September 1962
Position	Co-founder of upGrad

Name	Radhika Gupta
Born	14 September 1983
Position	Managing Director and CEO of Edelweiss Mutual Funds

Name	Deepinder Goyal
Born	26 January 1983
Position	Co-founder and CEO of Zomato, Director of Upslope

Name	Peyush Bansal
Born	26 April 1985
Position	Co-founder and CEO of Lenskart

Name	Varun Dua
Born	1981
Position	Co-founder and CEO of Acko, Co-founder of Coverfox & Glitterbug Technologies

Name	Viraj Bahl
Born	1980
Position	Founder & Managing Director of Veeba

Name	Vikas D Nahar
Born	1984
Position	Founder and CEO, Happilo

Snapdeal: Streamlining Ecommerce with Focus on Growth and Efficiency

Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations.

ECommerce has transformed shopping, which provides unparalleled ease and a wide selection of products with only a few clicks. With this change, the retail industry has entered a new era marked by increased speed and simplicity in the digital marketplace.

At the forefront of this dynamic eCommerce realm stands Snapdeal, a platform that has played a pivotal role in shaping the digital retail landscape. Since its founding in February 2010 by Kunal Bahl and Rohit Bansal, Snapdeal has been a leading source of coupons, discounts, and exclusive offers, giving customers an exciting new way to purchase online. This Indian eCommerce behemoth, with its headquarters in Gurgaon, has effectively carved out a niche for itself by providing a wide variety of products, radically changing how we browse and purchase goods in the digital age.

Here’s learning about Snapdeal Online India, its Founders and Team, Business Model, Revenue Model, Funding, history, Acquisitions, Growth Competitors, and more.

Snapdeal – Company Highlights

STARTUP NAME	SNAPDEAL
Headquarters	Gurgaon, Haryana, India
Sector	E-commerce
Founder	Kunal Bahl, Rohit Bansal
Founded	2010
Website	snapdeal.com

About Snapdeal
Snapdeal – Industry
Snapdeal – Founders and Team
Snapdeal – Startup Story
Snapdeal – Mission and Vision
Snapdeal – Name, Tagline and Logo
Snapdeal – Business Model
Snapdeal – Revenue Model
Snapdeal – ESOPs
Snapdeal – Challenges Faced
Snapdeal – Funding and Investors
Snapdeal – Investments
Snapdeal – Mergers and Acquisitions
Snapdeal – Partnerships
Snapdeal – Growth
Snapdeal – Advertisements and Social Media Campaigns
Snapdeal – Awards and Achievements
Snapdeal – Competitors

About Snapdeal

Founded in 2010 by Kunal Bahl and Rohit Bansal, Snapdeal stands as India’s premier pure-play value eCommerce platform, ranking among the top online lifestyle destinations. Snapdeal comes under AceVector Group. With a commitment to provide high-quality products at competitive prices, Snapdeal wants to make shopping enjoyable and dependable for the people of Bharat. Because of its dedication to providing excellent customer service, suppliers can offer premium goods at competitive costs, which helps the platform maintain its leading position in the Indian eCommerce market.

Snapdeal targets most middle-class, value-seeking non-metros customers; their logistics network reaches more than 96% of India’s pin codes. With this wide reach, order delivery is guaranteed to over 2,500 towns and cities, demonstrating Snapdeal’s dedication to democratizing value commerce across the country. The company aims to serve Bharat consumers at every stage of their offline to online purchasing journey. Jasper Infotech Private Limited is the owner/parent organization of the company.

Snapdeal – Industry

According to Mordor Intelligence, the Indian eCommerce market is expected to increase significantly, from its anticipated value of USD 112.93 billion in 2024 to USD 299.01 billion by 2029 at a compound annual growth rate of 21.5%. Smartphone use and greater internet accessibility are two of the elements driving this trend. The report highlights the potential for businesses to prosper through innovation and adaptation to changing consumer patterns, underscoring the critical role that eCommerce has played in transforming India’s retail scene.

Snapdeal – Founders and Team

Kunal Bahl and Rohit Bansal are the founders of Snapdeal.

They started as high school friends and then went on to become business partners when they launched Snapdeal. Believe it or not, together, this duo walked away from a merger deal offered by Flipkart and envisioned and adopted an evaluated focus on the 400 million value-conscious Indian consumers.

Kunal Bahl

Kunal is the co-founder of Snapdeal. Bahl was a student at the University of Pennsylvania, where he completed a degree in Systems Engineering. He is also an alumnus of The Wharton School where he studied Marketing and Operations Strategy and also did Executive Program in Marketing from Northwestern University – Kellogg School of Management.

Bahl was also there in the Jerome Fischer M&T Program. In his professional career, Kunal started as an Independent Director of Piramal Enterprises Limited before co-founding Snapdeal in 2010. Bahl also co-founded Titan Capital in 2011 and AceVector Group in June 2022. Thus, Kunal can be summed up as an investor and entrepreneur who aims to create impact through entrepreneurship.

Kunal Bahl is the newest shark on Shark Tank India season 4, replacing Zomato CEO Deepinder Goyal. He will join the show alongside other investors like Ritesh Agarwal, founder of OYO; Namita Thapar, executive director of Emcure Pharmaceuticals; Aman Gupta, co-founder of boAt; and Anupam Mittal from People Group.

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Before this, Kunal Bahl appeared on Prime Video’s reality show Mission Start Ab, where 10 founders competed for mentorship and funding.

Rohit Bansal

Rohit Bansal is the co-founder of Snapdeal. Bansal has a BTech. and an MTech. degree in Computer Science from IIT Delhi, after completing which Rohit co-founded Snapdeal with Kunal. Rohit Bansal is also a co-founder of Titan Capital and AceVector Group. He has also worked part-time at FICCI. Bansal is recognized for his impressive skills in Team Management and Business Development.

The total employee strength of the company has been listed between 501-1,000, as per the Snapdeal LinkedIn profile.

Snapdeal – Startup Story

Back in 2010, when the founders, Kunal Bahl and Rohit Bansal, wanted to start their venture, they came up with an offline couponing business, which was named MoneySaver. This company sold around 15,000 coupons in three months, and that’s exactly when it was time to notch this business to a level-up. And hence, Snapdeal was founded on February 4, 2010.

When it launched, it was primarily a daily deals platform, and then later in 2011, it expanded to become an online marketplace. Since then, Snapdeal has grown to become one of the largest online marketplaces in India.

Kunal Bahl has illuminated Twitteratis and others about the story of how Snapdeal got its first angel investor and how it proceeded toward an era of growth. Here’s the insight:

Snapdeal – Mission and Vision

The mission of Snapdeal is to become the leading value lifestyle omni-channel platform in India.

The vision is to enable Bharat’s consumers to purchase with confidence and value so they can happily fulfill their dreams. Driven by state-of-the-art technology and a personalized, bilingual interface, Snapdeal is committed to reinventing innovative and reasonably priced shopping experiences in India.

Snapdeal – Name, Tagline and Logo

Snapdeal Logo

Snapdeal rebranded itself with a new logo in September 2016.

Rohit Bansal, co-founder, said, Our new logo is visualized from the perspective of the happiest moment for an online buyer i.e. when she receives her ‘box’. We understand that every box that we deliver contains not just a product but represents a new opportunity, an aspiration or the start of a journey for our consumers. Our entire new brand identity right from the brand mark to its extensions, reflects the box – a representation of untold potential and possibilities.

Snapdeal – Business Model

Snapdeal, founded in 2010 operates the digital B2C (Business-to-customer) marketplace, which allows third-party sellers to sell their products on the website directly to customers. The company operates a portfolio business model. Snapdeal, at its core, operates a matchmaking business model, where it connects online sellers directly to online buyers. It also offers complimentary products such as delivery and logistical support to businesses to help encourage the use of its matchmaking platform.

Snapdea has made a change to its business model. As updated on July 21, 2021, the eCommerce company has flipped its business model and started to target audiences that are value-conscious. The company is no longer selling high-end brands but targeting audiences who believe in getting value out of the affordable range of products.

“In the last couple of years, we have very sharply focused on the value eCommerce segment and our strategy going forward too is to keep building for this segment,” Kunal Bahl, co-founder at Snapdeal, said.

Snapdeal – Revenue Model

Snapdeal has a diverse revenue strategy, but its main source of income is commissions from sellers, which are calculated as a percentage of the products sold on the platform. This commission-based strategy guarantees a win-win partnership with sellers by directly linking their performance to Snapdeal’s income. Additionally, Snapdeal uses marketing campaigns to augment its revenue.

Snapdeal creates extra revenue streams by giving companies the chance to highlight their goods through targeted advertising and promotions. This all-encompassing approach establishes Snapdeal as a strong participant in the Indian eCommerce market.

Snapdeal – ESOPs

Snapdeal has significantly increased its Employee Stock Option (ESOP) pool by 151%, as reported on October 13, 2021. Shareholders approved a resolution to boost the Employee Stock Option Scheme 2016 from 1,98,890 to 5,00,000. This move highlights Snapdeal’s commitment to employee engagement and positions the company strategically for future growth. The additional 3,01,110 ESOP options, exercisable into equity shares valued at Rs 1 each, underscore the company’s proactive approach to financial structuring ahead of its entry into the public market.

Snapdeal – Challenges Faced

Every company faces its unique set of challenges, and Snapdeal is no exception. Before Amazon’s $3 billion investment and entry into the Indian market in 2016, Snapdeal, which was ranked as the second-best online shopping destination behind Flipkart, faced a significant change in the market. This was the start of a very difficult battle for Snapdeal as it battled to deal with the increased competition caused by the massive eCommerce company.

Snapdeal struggled to secure more funding and dealt with internal disagreements in the face of external challenges. The company carried out cost-cutting measures, stopped several procedures, and regrettably had to reduce staff to improve financial stability.

Notwithstanding obstacles, Snapdeal investigated the possibility of merging with Flipkart; however, the proposal was turned down. Plans for an IPO valued at INR 1,250 crore were simultaneously shelved, complicating the company’s financial plan. These difficulties highlight the complex terrain that Snapdeal traversed and provide insight into the elements that have contributed to its difficulties in the ever-changing eCommerce space.

Snapdeal – Funding and Investors

Snapdeal has raised a total of $1.8 billion in funding over 16 rounds. Here is a list of all the funding rounds for Snapdeal:

Date	Stage	Amount	Investors
July 23, 2019	Venture Round	–	Anand Piramal
May 29, 2017	Venture Round	$17 million	Nexus Venture Partners, Kunal Bahl, Rohit Bansal
August 26, 2016	Secondary Market	$21 million	Clouse SA
February 14, 2016	Secondary Market	$200 million	Ontario Teachers’ Pension Plan, Iron Pillar, Brother Fortune Apparel
January 1, 2016	Series J	–	–
August 18, 2015	Venture Round	$500 million	Alibaba Group, Foxconn Technology Group, SoftBank Telecom Corp
October 27, 2014	Venture Round	$627 million	SoftBank Telecom Corp
August 27, 2014	Venture Round	–	Ratan Tata
May 20, 2014	Series E	$100 million	BlackRock, Myriad
February 26, 2014	Series D	$133.7 million	eBay
August 2013	Venture Round	$75 million	SoftBank Capital
April 2013	Series C	$50 million	eBay, Recruit Holdings, Intel Capital, ru-Net, Saama Capital
September 2011	Series B	$40 million	Bessemer Venture Partners, IndoUS Venture Partners, Nexus Venture Partners
January 2011	Series A	$12 million	IndoUS Venture Partners, Nexus Venture Partners

Snapdeal – Investments

Snapdeal has invested in 9 companies and later has exited from five companies.

Here are the investment details:

Date	Funding Round	Amount	Company
September 7, 2017	Venture Round	$23.7 million	Vulcan Express
August 1, 2017	Venture Round	$5.8 million	Vulcan Express
May 18, 2017	Series D	Rs 22 crore	FreeCharge
January 9, 2017	Series D	$57 million	FreeCharge
October 7, 2015	Venture Round	$20 million	GoJavas
September 29, 2015	Series B	$36 million	PepperTap
September 29, 2015	Series B	$36 million	NuvoEx
September 7, 2015	Venture Round	$100 million	Shopo
January 8, 2015	Venture Round	–	Bewakoof

Snapdeal Exit

Snapdeal has exited from five companies, which are Bewakoof, Shopo, FreeCharge, Vulcan Express, and NuvoEx.

Snapdeal – Mergers and Acquisitions

Snapdeal has made a total of 11 acquisitions to date. Following are the details of Acquisitions made by Snapdeal over the years:

Acquired	Date
TargetingMantra	May 5, 2016
Reduce Data	September 15, 2015
Fashiate	August 24, 2015
RupeePower	May 31, 2015
MartMobi Technologies	May 26, 2015
Exclusively	February 18, 2015
Wishpicker	December 12, 2014
Doozton	April 15, 2014
Shopo	May 30, 2013
Esportsbuy	April 3, 2012
Grabbon	June 2010

Snapdeal – Partnerships

Snapdeal has seen an array of partnerships since it was founded. Here’s a list of some prominent ones:

Snapdeal partnered with the online dispute resolution platform Samaon on June 17, 2021, to deal with consumer complaints. It has already witnessed a success rate of 50% in the initial pilot
Snapdeal collaborated with the National Payments Corporation of India (NPCI) on December 17, 2020, to help its users make QR code-based payments smoothly on the arrival of the orders
Snapdeal has partnered with Medlife on May 6, 2020. This will help the users of the former to avail themselves of the facilities of health checkups from the comfort of their homes, order diagnostic tests, and order medicines online to be delivered to their doorstep
Phonepe is another association of Snapdeal and as a result of the collaboration, the latter lets the users pay directly from their Phonepe accounts without any hassles. This partnership was announced on December 11, 2018
In March 2015, Snapdeal brought Bollywood’s famous actor, Aamir Khan for the promotion of its website in India
Also, in November 2019, the company joined the International Trademark Association (INTA) to support the protection of intellectual property on online marketplaces

Snapdeal – Growth

Once valued as a unicorn, among the first of the Indian companies with a billion-dollar valuation, Snapdeal’s dreams seemed to take a nightmarish turn in the summer of 2017 amidst funding issues and an impending merger deal with Flipkart that too at a fraction of $6.5 billion, the highest valuation of the company. However, the founder duo didn’t lose hope and stayed strong and independent, which is why Snapdeal is among the Indian eCommerce startups that are still strongly reigned by its founders. Besides, Snapdeal is notably improving its status, focusing on adding value to its customers.

The company has reportedly achieved numerous milestones. Some key highlights that speak of the growth of Snapdeal are:

It has more than 25 million monthly active users per month as of September 2023.
Snapdeal boasts over 200 million installed app users.
Snapdeal covers over 96% of pin codes across the country.
It has done order deliveries to more than 2,500 towns and cities and expanding.
Snapdeal joined ONDC in July 2022 and achieved full integration in March 2023, becoming the sole Indian eCommerce company to merge its buyer and seller platforms on ONDC, as per the news report of March 2023.
Snapdeal has taken pride in having 50.37 million customers shop using its website/app since FY19, among them, around 14.82 million customers are annual transacting customers as per a news report of December 2021.
Resisted the blows of three major conditions in 2013, 2017, and the pandemic period.
All of this growth that the company is continuing to witness is part of a revolution commonly referred to as Snapdeal 2.0

Snapdeal conducted its “Kum Mein Dum Diwali sale” in October 2020. In this extensive sale, the platform witnessed tremendous growth in traffic and buyers.

“The extent and depth of orders received and shipped from non-metros cities illustrates the accelerated growth of online commerce in recent months,” said Snapdeal.

Snapdeal Financials

Snapdeal Financials	2023	2024
Operating Revenue	INR 371.96 crore	INR 379.76 crore
Total Expenses	INR 687.93 crore	INR 540.76 crore
Profit/Loss	INR -282.20 crore	INR -160.38 crore

In FY24, Snapdeal’s operating revenue grew by 2.1%, rising from INR 371.96 crore in FY23 to INR 379.76 crore. Total expenses dropped by 21.4%, decreasing from INR 687.93 crore to INR 540.76 crore. As a result, losses reduced by 43.2%, improving from INR -282.20 crore to INR -160.38 crore.

Snapdeal – Advertisements and Social Media Campaigns

Snapdeal Campaign

In a Snapdeal campaign, real-life husband and wife team Riteish and Genelia Deshmukh are paired with Bollywood actors. With the slogan “Brand waali quality, bazaar waali deal,” Snapdeal aims to increase the number of Indian customers. With a strong focus on value-conscious consumers, the campaign seeks to strengthen Snapdeal’s standing in the industry and provide consumers across the country with enticing bargains.

Snapdeal – Awards and Achievements

Snapdeal has been honored with a multitude of awards, some of the most notable recognitions are:

Editor’s Choice Award was given by ET Edge in Mumbai at the Datacon2023 event.
E-Commerce Legal Team of the Year 2019: Legal Era presented the Legal Team with this prestigious award at the Indian Legal Awards.
E-Best Employee Engagement 2019: At the Third Edition of the Employee Engagement Leadership Awards, Snapdeal received recognition for exceptional employee engagement in the B2B/B2C sector.
Snapdeal’s dedication to innovation was recognized with the Golden Peacock Award for Innovative Product/Service in 2015.
Winner of the International Service Excellence Award: Honored by CSIA with the Australian Service Excellence Award of the Year 2015.
2015’s Best Company to Work For in Retail: Snapdeal received recognition from the Retailers Association of India for offering a first-rate workplace.
Innovation in Recruitment: Snapdeal’s innovative recruitment practices were celebrated at the 9th RASBIC Awards in 2015.
Star Retailer Award 2014: Acknowledged at the 9th Awards for Excellence in Retailing under the category ‘Retail Campaign of the Year.’
Buzziest Brands of India 2014: Recognized in Afaqs’s Annual Buzz-making Poll.
e-Retailer of the Year 2012: Snapdeal was awarded for its excellence in eCommerce.
Red Herring Top 100 Asia 2011: Featured in the list of Most Innovative Companies, showcasing Snapdeal’s commitment to innovation and cutting-edge solutions.

Snapdeal – Competitors

Snapdeal directly competes with:

Amazon
Flipkart
Myntra
Shopclues
Club Factory and many such companies have gone on to take a great market standing in the online shopping sphere.

FAQs

What is Snapdeal?

What is the revenue of Snapdeal?

Snapdeal has reported a revenue of Rs 380 crore in FY24.

What is Snapdeal valuation?

The market valuation of Snapdeal once stood at $6.5 Billion (Rs 47 Thousand Crores) in 2016, however, the company has faced heavy competition in its league, which had a heavy toll on its operations, total net worth, and overall revenues. Snapdeal was last valued at over $800 million in 2021.

Who is Snapdeal owner?

Kunal Bahl and Rohit Bansal are the founders of Snapdeal. Jasper Infotech Private Limited is the owner/parent organization of the company. Snapdeal is not acquired by any company.

When was Snapdeal India founded?

Snapdeal was founded in February 2010.

Who is the CEO of Snapdeal?

Himanshu Chakrawarti is the CEO of Snapdeal.

Who are the competitors of Snapdeal?

The competitors of Snapdeal include:

Amazon
Flipkart
Myntra
Shopclues

December 31, 2024

Exploring the Educational Backgrounds of All the Judges on Shark Tank India

In a world where each individual is a unique mosaic of experiences, passions, and goals, the path to success is as varied as the individuals themselves. The many educational backgrounds people bring are crucial to this variation fabric.

Every choice made on Shark Tank India is based on a wealth of experience and expertise fashioned by the different educational backgrounds of its respected judges. These diverse fields provide a thorough understanding of business principles and invaluable insights into various industries and market dynamics.

In this post, we’ll look at all Shark Tank India judges’ educational backgrounds and how they’ve applied their qualifications and expertise in the real world.

Vineeta Singh
Aman Gupta
Anupam Mittal
Namita Thapar
Peyush Bansal
Amit Jain
Ritesh Agarwal
Deepinder Goyal
Azhar Iqubal
Kunal Bahl
Ronnie Screwvala
Varun Dua
Viraj Bahl
Radhika Gupta
Ashneer Grover
Ghazal Alagh
Vikas D Nahar

Vineeta Singh

Name	Vineeta Singh
Position	Co-founder & CEO of Sugar Cosmetics
Education	B.Tech (IIT-Madras), MBA (IIM-Ahmedabad)

Vineeta Singh was born in Anand, Gujarat, India, in 1983 and is 40 years old as of 2023. She completed her schooling at Delhi Public School R. K. Puram, New Delhi, from 1987 to 2001. She graduated from the Indian Institute of Technology, Madras, with a B.Tech in Electrical Engineering. While at IIT Madras, she did her three-month summer internship with I.T.C. Limited in Kolkata. In 2005, she graduated from the Indian Institute of Management in Ahmedabad with an MBA She worked as an intern for three months at Deutsche Bank in both London and New York while she studied for her MBA. Vineeta Singh worked on projects with the strategic equity transaction group in New York and the emerging markets structuring team in London during her internship.

Aman Gupta

Name	Aman Gupta
Position	Co-founder and Chief Marketing Officer at boAt
Education	Delhi University, Institute of Chartered Accountants of India, Indian School of Business, Kellogg Graduate School of Management

Aman Gupta finished his education at Delhi Public School, R. K. Puram, New Delhi. He later pursued a Bachelor of Commerce (Hons.) degree at Shaheed Bhagat Singh College. He attended the Institute of Chartered Accountants of India from 1999 to 2002 to pursue his studies in accounting, finance, and chartered accountancy. He then enrolled in the Indian School of Business to pursue an M.B.A. in Finance and Strategy. Following that, in 2011, he enrolled in Northwestern University’s Kellogg School of Management’s student exchange program to pursue an M.B.A. in General Management and Marketing.

Anupam Mittal

Name	Anupam Mittal
Position	Founder & CEO of People Group and Shaadi.com
Education	MBA in Operations & Strategic Management (Boston College, US)

Anupam Mittal’s widespread fame stems from his position as CEO and founder of Shaadi.com and the People Group. Having started internet enterprises before the internet bubble, Mittal is among the pioneering technology-driven entrepreneurs in India. In addition, he has produced Bollywood films Flavors and 99 under the banner of his parent firm, People Group. He was born in Mumbai, India, and completed his education at Jai Hind College. He earned his M.B.A. degree in operations and strategic management from Boston College in Massachusetts.

Namita Thapar

Name	Namita Thapar
Position	Executive Director of Emcure Pharmaceuticals
Education	Institute of Chartered Accountants of India, Duke’s Fuqua School of Business

Emcure Pharmaceuticals’ Executive Director and Shark Tank India investor Namita Thapar is an incredibly successful businesswoman. Her professional accomplishments are matched by her ownership of luxurious mansions, a fleet of exquisite cars, and a net worth in the crores. She finished her primary and secondary schooling at a school in Pune. Namita gave up all extracurricular activities in school to focus solely on academics. She was an excellent student who consistently ranked top in her class. Following her education, Namita enrolled in the B. Com. program at Savitribai Phule Pune University in Pune. She also pursued her ICAI chartered accountancy degree in the interim. Namita then attended Duke University’s Fuqua School of Business in Durham, North Carolina, to get an MBA.

Peyush Bansal

Name	Peyush Bansal
Position	Founder & CEO of Lenskart
Education	McGill University, Canada, IIM, Bangalore

Peyush Bansal, born in Delhi, India, began his education at Don Bosco School in New Delhi. Peyush Bansal has demonstrated his inventive energy and passion for value creation through his entrepreneurial experience. His academic aspirations led him to prestigious schools such as McGill University, where he earned a Bachelor of Electrical Engineering. He then enrolled in the Management Programme for Entrepreneurs and Family Businesses (MPEFB) at the Indian Institute of Management, Bangalore.

Amit Jain

Name	Amit Jain
Position	Co-founder and CEO of Car Dekho
Education	IIT, Delhi

Amit Jain received his early education at St. Xavier’s School in Jaipur. After finishing school, Amit passed the IIT entrance exam and was accepted into IIT Delhi in 1999.

Ritesh Agarwal

Name	Ritesh Agarwal
Position	Founder and CEO of OYO Rooms
Education	College Dropout, Sacred Heart School, and St. Johns Senior Secondary School

Ritesh attended Sacred Heart School in Rayagada, Odisha, and later graduated from St. Johns Senior Secondary School in Meerut Cantt, Uttar Pradesh, India. Then, to prepare for the IIT entrance exam, he traveled to Kota, Rajasthan. Following that, he enrolled in the Indian School of Business and Finance in Delhi’s University of London International Program in 2011 and eventually dropped out. He became the first Asian recipient of the $100,000 Thiel Fellowship grant, equivalent to Rs. 55 Lakh at the time.

Deepinder Goyal

Name	Deepinder Goyal
Position	Co-founder and CEO of Zomato
Education	IIT, Delhi

During his school years, Deepinder Goyal performed below average and had difficulty passing his classes until he reached class 8. For the first time, Deepinder placed third in the class during his first semester of study sessions in class 8 when one of his teachers provided him with a solved answer sheet. Inspired by the praise he got from his parents and professors, he decided to continue his studies henceforth diligently. After two years of improved grades, his parents moved him to D.A.V. College in Chandigarh for classes XI and XII, where he studied science.

He was able to pass the Indian Institutes of Technology, Joint Entrance Examination on his first attempt despite the difficulties he encountered throughout his academic career. He subsequently attended the Indian Institute of Technology, Delhi, to pursue an engineering degree.

Azhar Iqubal

Name	Azhar Iqubal
Position	Co-founder and CEO of Inshorts
Education	Mathematics and Computer Science, IIT Delhi (Dropped out)

Azhar Iqubal is an Indian entrepreneur who co-founded and serves as the CEO of the news app Inshorts. After completing his schooling, he began preparing for the IIT JEE. He began studying at the Indian Institute of Technology Delhi in 2009, pursuing engineering and computer science. In 2012, he left IIT to pursue his entrepreneurial dreams.

Kunal Bahl

Name	Kunal Bahl
Position	Co-founder of Snapdeal and Titan Capital
Education	B.S.E in Entrepreneurship, Operation & Information Management, Wharton B.A.S in Engineering

Kunal Bahl grew up in India and went to Delhi Public School R.K. Puram for his early education. He later studied at the University of Pennsylvania, where he joined the prestigious Jerome Fisher Program in Management and Technology. He secured two bachelor’s degrees—one in Entrepreneurship, Operations & Information Management from The Wharton School and another in Engineering from the School of Engineering and Applied Science respectively. He also completed an executive marketing program at the Kellogg School of Management to further build his business skills.

Ronnie Screwvala

Name	Ronnie Screwvala
Position	Co-founder of upGrad
Education	Sydenham College of Commerce & Economics

Ronnie Screwvala’s name is synonymous with innovation and achievement in the realm of educational technology. As the founder of upGrad, he has transformed online education in India, enabling thousands of students to advance their careers and thrive in the digital era. He completed his education at Mumbai’s Cathedral and John Connon Schools before earning his degree from Sydenham College. His father worked in the film business, instilling a passion for entertainment and media in him from an early age. Ronnie Screwvala’s parents had other plans for him. However, he still aspired to start his own business while attending university in Mumbai.

Varun Dua

Name	Varun Dua
Position	Founder and CEO of Acko
Education	MBA from Mudra Institute of Communications Ahmedabad

Varun Dua is the founder and CEO of Acko. He is also the owner of CoverFox. Having worked in the insurance industry for over a decade, Varun was responsible for technology-enabled efficient customer service and marketing analytics for primary business acquisition. He earned a commerce degree from the R. A. Podar College Of Commerce & Economics in Mumbai, Maharashtra. After graduation, he took the C.A.T. exam. Later, he earned a master’s in Strategic Marketing and Communications from Mudra Institute of Communications in Ahmedabad, Gujarat.

Viraj Bahl

Name	Viraj Bahl
Position	Founder & Managing Director of Veeba
Education	Industrial Marine Engineering at Singapore Polytechnic

Viraj Bahl is the Founder and Managing Director of Veeba (VRB Consumer Products Pvt. Ltd.), a leading consumer food brand. He will join the panel of Sharks for Shark Tank India season 4. Viraj is known for his deep understanding of the food industry. He is excited to share his knowledge and mentor entrepreneurs with great, scalable ideas.

His experience in building a successful business will help guide those looking for investments and advice. Viraj has studied Industrial Marine Engineering at Singapore Polytechnic.

Radhika Gupta

Name	Radhika Gupta
Position	Managing Director and CEO of Edelweiss Mutual Funds
Education	B.Sc in Economics

Radhika Gupta is the managing director and CEO of Edelweiss Mutual Fund, which established a mutual fund company worth Rs 1 trillion in just five years. Due to her father’s transferable employment, Radhika Gupta finished her education at various institutions across multiple nations. She graduated from Delhi Public School in India, the American International School in Abuja, Nigeria, and Marymount International School in Rome, Italy.

She later graduated from the University of Pennsylvania’s Wharton School with a B.S.E. in economics in 2005. She also finished the Jerome Fisher Program in Management and Technology.

Ashneer Grover

Name	Ashneer Grover
Position	Ex-founder and Managing Director of BharatPe
Education	B.Tech (IIT-Delhi), MBA (IIM-Ahmedabad)

Ashneer Grover is a graduate of IIM Ahmedabad and IIT Delhi. Ashneer Grover finished his schooling in Delhi. Following that, he received his B.Tech from the Indian Institute of Technology. While studying at IIT Delhi, he was chosen for a student exchange program at the National Institute of Applied Sciences, known as INSA Lyon, France. This engineering school is among the most prestigious and largest in Europe. With a €6,000 grant from the French Embassy, he relocated to INSA Lyon in 2002. Grover then attended the Indian Institute of Management, Ahmedabad in 2004 to pursue an MBA in finance and graduated in the year 2006.

Ghazal Alagh

Name	Ghazal Alagh
Position	Co-founder and Chief Mama of Mamaearth
Education	BCA, Punjab University

Ghazal Alagh is an Indian businesswoman and the Chief Mama of Mamaearth, a natural, toxins-free cosmetics brand. Ghazal Alagh graduated from Punjab University with a Bachelor of Science in Computer Applications. 2013 she completed a Summer Intensive Course in Modern Art in Design and Applied Arts. She also completed a rigorous figurative painting course at the New York Academy of Art that same year.

Vikas D Nahar

Name	Vikas D Nahar
Position	Co-founder and CEO of Happilo
Education	Bangalore University, Symbiosis Centre for Management & Human Resource Development, Pune

Co-founder and CEO of Happilo, Vikas D. Nahar is a Special Guest Judge on Shark Tank India. Nahar hails from a farming family that produces coffee and pepper. After completing his schooling in Bangalore, he attended Bangalore University to acquire a Bachelor’s in Computer Applications in 2005. After that, he completed his MBA in marketing at Pune, Maharashtra’s Symbiosis Centre for Management & Human Resource Development (SCMHRD).

Conclusion

In conclusion, the judges of Shark Tank India have a variety of educational backgrounds, which emphasizes the value of interdisciplinary knowledge and practical experience in the business world. Each judge contributes a distinct viewpoint influenced by their academic journey, drawing from famous institutions such as IITs and IIMs as well as international universities and specialized programs.

FAQs

Who is Aman Gupta?

Aman Gupta is the co-founder and Chief Marketing officer of the company boAt.

What is the education of Peyush Bansal?

Peyush Bansal began his education at Don Bosco School in New Delhi. His academic aspirations led him to prestigious schools such as McGill University, where he earned a Bachelor of Electrical Engineering. He then enrolled in the Management Programme for Entrepreneurs and Family Businesses (MPEFB) at the Indian Institute of Management, Bangalore.

Who is Vineeta Singh?

Vineeta Singh is the co-founder and CEO of Sugar Cosmetics.

What is Shark Tank India?

Shark Tank India is a platform that provides opportunities to new entrepreneurs who will be able to entice the sharks with their ideas. The Sharks will invest in those businesses that they will find suitable.

December 24, 2024

Kunal Bahl: The Newest Shark in Shark Tank India

The startup circuit at present is filled with intensive competition that transcends genres. Consider the food-tech startup segment; Zomato and Swiggy are using every possible strategy to increase their reach. Such rivalry can also be in the social media space with brands like Facebook, Twitter, and others fighting for bragging rights.

The Indian startup sector is also at the fore of competitiveness and the stories of Flipkart, Ola, Zomato, OYO, and whatnot attest to this claim. The eCommerce segment in India is interesting. Amazon, Flipkart, etc. know the value that Indian customers bring to the table. With marketing stints like end-of-season sales, these giants are leaving no stone unturned to establish dominance. Snapdeal is one such successful behemoth that has pumped up the e-commerce/retail domain. The credit for its brilliance could largely be attributed to one man, Kunal Bahl. A failed attempt at getting into the IITs didn’t deter this gritty man from amazing milestones that people only dream of, with Snapdeal being the biggest of them all.

Learn about Kunal Bahl, his education, career, family, Snapdeal, Titan Capital, his entry into the Shark Tank India season 4, and more from this article.

Kunal Bahl – Biography

Name	Kunal Bahl
Born	1 January 1984
Born Place	New Delhi, India
Nationality	Indian
Education	B.S.E in Entrepreneurship, Operation & Information Management, Wharton B.A.S in Engineering
Profession	Entrepreneur, Investor
Position	Co-founder of Snapdeal and Titan Capital

Kunal Bahl – Early Life & Education
Kunal Bahl – Personal Life
Kunal Bahl – Snapdeal
Kunal Bahl – Professional Life
Kunal Bahl – Investments
Kunal Bahl – Philanthropy
Kunal Bahl – Shark Tank India
Kunal Bahl – Awards & Recognitions
Kunal Bahl – Advice To Budding Entrepreneurs
Kunal Bahl – An Inspiration For Many

Kunal Bahl – Early Life & Education

During his stay in the United States, he launched a detergent company whose products were sold at Walmart stores. He had to return to India in 2008 due to some visa complications.

Kunal Bahl – Personal Life

Kunal Bahl tends to keep his personal life relatively private, focusing more on his professional journey and entrepreneurial ventures. However, it is known that he is married to Yashna Bahl.

Bahl is also known for his interests outside of business. He enjoys reading and often shares insights from books on social media. He is passionate about technology, innovation, and mentoring young entrepreneurs. Despite the challenges faced in the competitive eCommerce space, Kunal has maintained a positive and resilient approach, balancing his work and personal life effectively.

Kunal Bahl – Snapdeal

Kunal joined Rohit Bansal, his childhood friend who was working for CapitalOne at that time, to get his hands in entrepreneurship. They launched an offline couponing business in 2007-08. The internet was taking baby steps towards popularity during that phase. A couple of merchants working with the duo asked them to shift to an online platform. They then registered a domain and named it ‘Snapdeal.com’. There were a lot of glitches in the beginning and Kunal-Rohit made a lot of mistakes. Slowly, they improved Snapdeal’s condition by tracking the customers’ preferences and using feedback. After consistent improvisations, the site was on the path to profitability.

After setting up the online platform, there was no stopping for the duo. They began hiring people. Today, Kunal credits Snapdeal’s success to his employees. The company had no plants and machinery and the team felt that the venture’s success pivoted on the workers; determination. His co-worker Vani Kola’s inputs were crucial for Snapdeal. The company grew from a team of 30 to a family of 150. The team also has a dedicated sub-team that takes care of Snapdeal’s cultural aspects.

Vani in turn credits Kunal and Rohit for Snapdeal’s fortunes. According to her, the duo had a great ability to listen, learn, and absorb like “sponges”. They had unmatched confidence and trust and kept executing their plans diligently. The duo welcomed innovative ideas from their employees without any bias. When it came to HR practices, they focused on their workers’ self-improvement and progress, and there was intense cross-learning and skilling.

Kunal’s philosophy was to hire people on demand. He sought 100% customer satisfaction. The willingness to fulfill the customer’s needs paved the way for Snapdeal to create the largest assortment of products in the country in 6 months. There were around 2000 brands and merchants selling their products through Snapdeal.

In 2022, the company rebranded itself as AceVector, which includes several businesses like Snapdeal, Unicommerce, and Stellar Brands. Under Kunal Bahl’s leadership, AceVector has transformed the Indian eCommerce market by using new distribution channels, brands, and platforms.

Kunal’s Learnings And Snapdeal’s Culture

Kunal describes Snapdeal’s culture as “smart, generous, and humble”. According to him, culture determines a company’s pace of growth. He cites the ability to solve problems as a catalyst for an organization’s progression. A team’s capability to remain objective helps in all-round development. Kunal attributes Snapdeal’s potential to scale faster than rival companies in topping the charts. Vani’s role in handling people was a differentiator.

Kunal Bahl – Professional Life

In 2015, when Kunal Bahl and Rahul Bansal were fresh from co-founding Snapdeal, they built another company from scratch, Titan Capital. The fund company was created to support entrepreneurs with innovative ideas and futuristic startup ventures financially.

Titan Capital has invested in companies like Ola, Urban Company, Mamaearth, Credgenics, Shadowfax, Razorpay, and Giva. Notably, Titan Capital, which uses the personal funds of Kunal and Rohit Bansal, has achieved returns of over 100 times on several investments, including Ola, Urban Company, and Mamaearth.

Kunal Bahl also holds several important positions. He is on the board of governors for the Indian Council for Research on International Economic Relations, a member of the executive council of NASSCOM, and chairs the Confederation of Indian Industry (CII) National Committee on Ecommerce. He is also a member of the National Startup Advisory Council.

He also serves as an Independent Director on the Board of Piramal Enterprises.

Kunal Bahl – Investments

In addition to his success with Snapdeal, Kunal Bahl gained recognition for believing in Bhavish Aggarwal’s ambitious business idea, Ola Cabs now Ola Consumer. Kunal introduced Ola to Rohit Bansal, and together, they invested $60,000 in Bhavish’s venture. This investment turned out to be a brilliant decision. Kunal Bahl has made 255 investments including Urban Company, Razorpay, and many more. As an investor, Bahl has 22 exits and 7 Unicorns.

Kunal Bahl – Philanthropy

As the company grew, Kunal and his team decided to install a hand pump in villages. This step changed the lives of hundreds. Kunal says that Snapdeal grows by leaps and bounds, and he and his team will improve the conditions of the society’s backward section by providing necessities. His vision is to make Snapdeal India’s number one B2C marketplace. He wants his company to be the home to the most admired alumni in India.

Kunal Bahl – Shark Tank India

Before this, Kunal Bahl appeared as one of the three judges on Prime Video’s reality show Mission Start Ab aired on 19 December 2023, where 10 founders competed for mentorship and funding.

Kunal Bahl – Awards & Recognitions

Kunal Bhal has been awarded with the following awards:

BMA Entrepreneur of the Year 2014
ET Top 50 Entrepreneurs of India 2014
Ranked 25 on Fortune 40 under 40 most influential business leaders list 2014
EY Entrepreneur of the Year – Startup 2014
Nasscom NextGen Entrepreneur 2014
The Economic Times Entrepreneur of the Year Award 2015
AIMA Transformational Business Leader of the Year
Indian Affairs Business Leader of the Year 2015
The Joseph Wharton Award for Young Leadership 2018
The Economic Times Comeback Award 2019

Kunal Bahl – Advice To Budding Entrepreneurs

Kunal advises entrepreneurs not to invest in monetary growth. The willingness to serve society is what entrepreneurs should look out for. He asks people to focus on the social dimension rather than only focusing on earning money. According to him, if the company provides good service or has something unique to offer, customer retention is bound to happen. As almost 75% of the website visits are organic without the help of advertisements, Snapdeal has performed very well when it comes to customer satisfaction. A customer buying a diamond ring was the best purchase for Kunal ever since Snapdeal was conceived.

Kunal Bahl – An Inspiration For Many

The credit for Snapdeal’s continual growth as an e-commerce giant goes to Kunal and his leadership in collaboration with Rohit. His open-minded approach towards employees and customers was instrumental in Snapdeal’s progression. While other e-commerce platforms focused on advertisements to seek customers, Snapdeal was confident enough in its service to lure buyers. Kunal, with his unique vision, is truly a role model for many entrepreneurs.

FAQs

Who is Kunal Bahl?

Kunal Bahl is the co-founder of Snapdeal and Titan Capital.

When was Snapdeal founded?

Snapdeal was founded in 2010.

What does Snapdeal do?

Snapdeal stands as India’s premier pure-play value eCommerce platform, ranking among the top online lifestyle destinations. Snapdeal comes under AceVector Group. With a commitment to provide high-quality products at competitive prices, Snapdeal wants to make shopping enjoyable and dependable for the people of Bharat.

Who is Kunal Bahl wife?

Yashna Bahl is Kunal Bahl’s wife.

What is Kunal Bahl age?

Kunal Bahl was born on 1 January, 1984. He is 40 years old.

What is Kunal Bahl education?

Kunal Bahl pursued his education at prestigious institutions. He completed a dual degree in Marketing and Operations Strategy from The Wharton School and Systems Engineering from the University of Pennsylvania as part of the Jerome Fisher M&T Program from 2002 to 2006. Bahl also attended an Executive Program in Marketing at the Kellogg School of Management, Northwestern University.

October 7, 2024

Kunal Bahl and Rohit Bansal Exit Urban Company with 200x Return on Investment

According to media reports as of July 19, 2024, Kunal Bahl and Rohit Bansal, now running Titan Capital and co-founders of Snapdeal, received an incredible 200 times return on their investment before exiting the Urban Company platform.

After investing INR 57 lakh in 2015, Bansal and Bahl finally got their money back from the seed cheque they wrote a decade ago. The reports state that the proceeds from this investment amounted to INR 111 crore after their withdrawal.

Titan Capital has stated that they want to reinvest 100% of Urban Company’s profits in their next group of entrepreneurs. Through their investment vehicle Titan Capital, the Snapdeal founders have provided seed funding to over 200 new businesses.

In his LinkedIn post, Bahl stated, We have mixed feelings about exiting the business as an investor, but do so with only the best wishes for the company to continue to go from strength to strength, which I am 100% certain it will.

Who is the New Player Joining the Urban Company?

Dharna Capital, a subsidiary of Vy Capital, purchased the partners’ shares in the Gurguram-based company for $50 million in a secondary transaction. Dharana Capital’s founder and managing partner Vamsi Duvvuri will be joining the board of directors of Urban Company as a non-executive director.

As a component of their secondary transaction, a few workers had also sold their stock options.

What is the Current Financial Status of Urban Company?

According to Bahl, the company is anticipated to achieve profitability in FY25, after recording a profit before taxes and revenue of INR 282-283 crore for the April-June quarter of this year.

Revenue from operations increased 45% year over year to INR 637 crore in FY23. Compared to FY22, when it lost INR 514 crore, it lost just INR 308 crore this year.

The firm has not yet submitted its financial accounts for the fiscal year ending in March 2024.

About Urban Company

Technology-based Urban Company provides in-home services. Haircuts, massage therapy, painting, repairing, and other beauty services are all part of this package. According to their website, the organisation employs more than 45,000 skilled workers who provide their services in 103 cities across four nations. The company was founded in 2014 by Varun Khaitan, Raghav Chandra, and Abhiraj Bhal.

About Titan Capital

The company’s website indicates that it has recently invested in 91Trucks, consumer brand Boba Bhai, and software service Simplismart, among other companies. Popular firms that have been featured in Titan Capital’s portfolio include Giva Jewellery, RazorPay, and Ola Cabs. The twenty-plus industries that the firm claims to have invested in include consumer tech, B2B service, fintech, and many more.

Urban Company Business Model | How does Urban Company Makes Money

Urban Company is a service provider business that connects service seekers with service providers. Here’s its Business Model & how it makes money.

StartupTalkyMuskaan Kapoor

July 19, 2024

Jugnoo – Your Go-To for Effortless Auto-Rickshaw Rides and Swift Hyperlocal Deliveries

Auto rickshaws are an essential medium of transportation in India, especially in Tier 2 and Tier 3 cities. However, the sector is still unorganized. Owing to this, auto-rickshaw drivers have been frequently spotted sitting idle, while many commuters have to face inconveniences finding auto-rickshaws. To fill this gap, Samar Singla and Chinmay Agarwal founded Jugnoo in 2014.

Jugnoo is India’s largest technology-driven on-demand auto-rickshaw aggregator, which connects riders with safe, reliable, and convenient auto-rickshaws with just a few clicks. Here is a detailed company profile of Jugnoo, complete with all about Jugnoo, its Founders, Funding and Investors, Business Model, Revenue Model, Name and Logo, Marketing Campaigns, and more.

Jugnoo – Company Highlights

Startup Name	Jugnoo
Headquarters	Chandigarh
Founders	Samar Singla & Chinmay Agarwal
Sector	Transportation
Founded	2014
CEO	Samar Singla
Website	jugnoo.in

What is Jugnoo
Jugnoo – Industry Details
Jugnoo – Founders
Jugnoo – The Idea and Starting Up
Jugnoo – Name and Logo
Jugnoo – Business Model
Jugnoo – Revenue Model
Jugnoo – Customer Acquisition
Jugnoo – Marketing Campaigns
Jugnoo – Funding
Jugnoo – Growth
Jugnoo – Challenges
Jugnoo – Competitors
Jugnoo – Partners
Jugnoo – Acquisitions
Jugnoo – Revenue
Jugnoo – Achievements
Jugnoo – Conclusion
Jugnoo – FAQs

What is Jugnoo

Jugnoo initially started as an on-demand auto rickshaw service and introduced various user-friendly features to make it easier for users to book a ride. In 2016, Jugnoo introduced Jugnoo Bot, which allowed Facebook users to book a ride through Facebook Messenger, Jugnoo’s website, or its Facebook page. Jugnoo also offers a Multilingual interface for drivers, with over eight languages other than English.

As Jugnoo started gaining popularity as an auto-rickshaw aggregator, the founders leaped and launched various new services. The other services offered by Jugnoo are –

Dodo deliveries – It enables vendors to deliver goods to their customers. Dodo deliveries is now renamed as Jugnoo Delivery.
Flight map – It is a comprehensive routing solution, that solves travel salesman and vehicle routing problems.
Fatafat – Hyperlocal deliveries like food, grocery, veggies. Fatafat was shut down in October 2015. The service was launched again in Chandigarh in May 2016, after acquiring SabKuch Fresh.
Menus – The company had earlier launched Jugnoo meals. However, it was closed down in October 2015, and in 2017 it was re-launched as Menus. Jugnoo Menus has brought onboard popular restaurants and outlets like Burger King, Pizza Hut, Subway, Baskin Robins, Super Donut, Burger point, Rolla costa, Copper Chimney, Marky Momos and Dhaba.com
AskLocal – The AskLocal feature of the Jugnoo app will not only provide local information but is also a platform where the users can ask questions, give recommendations, and share content. It is a geolocation-based platform and is operational across all locations covered by Jugnoo.

Jugnoo – Industry Details

A study conducted by EMBARQ India has shown that there are around 50,000 auto-rickshaws in the tier 1 cities of India. Again in tier 2 cities, there are approx 15,000-30,000 auto rickshaws. The concept of the auto-aggregator is quite new in India. However many newbies, as well as leaders like Uber and Ola, have entered the autoaggregation sector.

Jugnoo – Founders

Jugnoo was founded by Samar Singla and Chinmay Agarwal in 2014.

Owner of Jugnoo — Jugnoo Founder- Samar Singla and Chinmay Agarwal | Success Story of Jugnoo

Samar Singla

Jugnoo co-founder, Samar Singla is an alumnus of IIT Delhi, graduating with a BTech degree in Physics. Before this company, Jugnoo, Samar also founded Click Labs. He also has been a researcher at the University of Maryland and IBM. Singa has also contributed as a scientist at CERN, Geneva. His mission is to change billions of lives with the help of technology. Samar is now the CEO of Jugnoo. Besides Jugnoo, Samar is also serving as the CEO of JungleWorks. Founded in 2015 by Samar Singla, JungleWorks provides a complete technology stack for businesses.

“We don’t want to compete with these gorillas (Uber and Ola). We are currently following the Cockroach approach: Our focus is on survival, not winning. Also, we focus on growing in spaces where there is no competition” – Samar Singla, CEO, Jugnoo.

Chinmay Agarwal

Jugnoo Ex-Co-founder and COO Chinmay Agarwal, is also from IIT Delhi. He pursued a Master’s in robotics from the University of Genoa and was a scientist at Smart Cane. He was also the Co-founder of Click Labs along with Samar. Chimay also has a patent of Methods and applications for altitude measurement and fusion of user context detection with elevation motion for personal navigation systems.

In the beginning, Jugnoo’s founders, Samar and Chinmay were unaware of the major influence they were about to make on the daily lives of the common commuters and the auto drivers. Initiated with a casual attitude, soon they realized the situation was way more challenging than anticipated.

Jugnoo is Samar’s third venture, after Prodigy Foods, which he exited in two years, and started SaaS technology solution provider Click Labs.

The company has 400+ employees currently. Samar stresses the need to keep the employees motivated. He feels talking to the employees, being transparent, and aligning with them for the long term is truly beneficial for the company.

Jugnoo – The Idea and Starting Up

Samar observed that the major issues in the auto transport network were the obstinately uncooperative attitude of the auto drivers, unavailability, and unreasonable charges. The idea was to tap the potential public transport medium in tier 2 and tier 3 cities, i.e., the auto-rickshaw, so the public can hail it by using the mobile app, and the auto drivers can save on the waiting time; a concept similar to the taxi services like Ola. Jugnoo auto app was introduced on all the major platforms in smartphones such as ios, Android, and Windows. Users can also book Jugnoo rides using Jugnoo’s Facebook bot.

Jugnoo – Name and Logo

Jugnoo means firefly. According to Samar, the word Jugnoo is related to nostalgia and happy memories. When people see a Jugnoo auto with a sticker of the brand, it becomes easier for them to remember the Jugnoo company. The name, thus, has a recall value.

Jugnoo Logo | Success Story of Jugnoo

Jugnoo – Business Model

Jugnoo has ventured into different businesses in both B2B and B2C segments. While it started operations in the B2C segment as an auto aggregator, Jugnoo also launched other B2C services like ‘Fatafat‘ and ‘Menus‘.

Jugnoo forayed into the B2B segment with, with B2B logistics service, ‘Jugnoo Delivery‘ and comprehensive routing solutions, ‘Flight Map‘

As regards the auto aggregator service, pricing for Jugnoo autos differs on a city-to-city basis. The strategy is to be the most affordable A-2-B transport option for the app users in that city. Some cities have a base fare + per km + per minute charge, some cities operate on meter fare. You can check the rates in different cities by downloading the app and searching for the cities. The fare is displayed in the bottom bar.

Jugnoo – Revenue Model

Jugnoo charges a commission back from the drivers. The commission rate is 10% of the ticket size in most cities. It runs a number of incentive schemes for the drivers, this again is based on the stage of maturity in a city and the engagement level of the drivers.

It is trying to build efficiency in the market where the final income of drivers through Jugnoo should increase to significantly more than what they were earning on the road and the customer gets a predictable and cost-effective medium of transport.

For food delivery, the company charges merchants a commission and pays the auto drivers for delivery.

Jugnoo – Customer Acquisition

In the initial days, Samar and Chinmay themselves met the auto drivers and explained the concept of the company. Convincing them to integrate technology into their routine work was quite a challenging task. Besides, for making the Jugnoo app familiar to the target customer, the app was launched at PECFEST of PEC University of Technology, Chandigarh. Also, free rides were provided to people in Chandigarh.

“The response was phenomenal and gave us the initial kick, to begin with” – recalls Samar.

Jugnoo – Marketing Campaigns

The marketing strategy of Jugnoo is simple; the company makes the customers and drivers its promoters. Jugnoo has tapped the dual capacity of home delivery and on-demand availability of public transport. The company is growing exponentially in major metros by forging a strategic alliance with partners that adds to its potential customer base.

Jugnoo also made a media presence by making Saumya Tondon, a well-known TV and films actress its face. According to Samar, Jugnoo has benefited a lot from word-of-mouth publicity. Jugnoo runs user referral programs and social media campaigns to attract new customers. The company has stayed in buzz with news like enrolling the first female auto driver, crossing 10k rides per day in Delhi NCR, backing series B funding even after the shutdown of Fatafat and Jugnoo Meals.

Jugnoo – Funding

Jugnoo has raised a total of $16 million funding in 4 rounds from 8 investors. Funding details of Jugnoo are-

Date	Stage	Amount	Investors
Apr 18, 2016	Series B	$10 million	Paytm
Jun 5, 2015	Series A	$5 million	Snow Leopard Technology Ventures
Apr 20, 2015	Seed Round	$ 1 million	–
Jan 20, 2015	Angel Round	–	–

Jugnoo – Growth

Since 2014, when Jugnoo has been founded, the company saw numerous milestones achieved with the passage of time. Here’s a glimpse of some of the prominent ones:

The company has completed 29 million rides to date
Jugnoo has footprints in over 120 Indian cities
The company boasts of having 8 million users
It now has over 0.1 million drivers onboard

Jugnoo – Challenges

In Samar’s words, the initial Jugnoo challenges, which could be attributed to the demography of the tier 2 locations, were the reluctance of the drivers to use the technology and to break the mental barriers of the customers and introduce new ideas.

The two other major hiccups in the otherwise seamless journey were Jugnoo Fatatfat, which did home delivery of custom orders from stores within the city to customers. It was launched in March 2015 with an idea of in cashing the auto network, however, it was shut down after being operational for eight months. Also, Jugnoo had to close down Jugnoo Meal in October 2015.

However, the company later re-launched Fatafat and launched Jugnoo menus. Team Jugnoo stands by the bumpy rides and says that they have chosen to be careful rather than keep investing in something which out returns us a loss. All this while they used less than half of their reservoirs and concentrated on growing as a lean and productive unit.

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Jugnoo – Competitors

Jugnoo has a great market presence in the arena of Auto rickshaw aggregators competes with startups like mGaadi, TeleRickshaw and AUTOnCaB’s. However, the concept of Jugnoo is unique as it focuses only on auto rickshaw space.

Jugnoo is the only startup company in India to focus exclusively on auto-rickshaw space. Hence, our market is different and much bigger than the other players in the industry. Also, we are an aggregator in the true sense. We believe in leveraging existing supply rather than creating a new one.

Jugnoo – Partners

For expansion and enhance customer base Jugnoo tied up with a travel search engine called Ixigo, a personal assistant application by the name of Helpchat (Tapzo), a public transportation information mobile app Zophop, an app with meta-search platforms to compare modes of transport on the basis of price called Oye Taxi and Scoot.

The payment gateways like Paytm and Mobikwik have digitized payments for Jugnoo. Punjab National Bank and Piaggio provided the drivers with easy funding options. Collaborating with connoisseurs from the industry like Anand Prakash also made Jugnoo shine brighter.

Jugnoo – Acquisitions

Jugnoo has acquired three companies to date (November 2023). The company acquired Sabkuch Fresh, a logistics services firm that delivers groceries, and hence expanded its services to grocery and fresh meals, food delivery from a choice of restaurants, payments, and deliveries. It acquired Yelo previously in July 2015. In July 2016, the company acquired taxi aggregator BookMyCab, which operates in Mumbai, Kolkata, and Hyderabad and is licensed to operate in Delhi.

Jugnoo – Revenue

In FY 2017-2018, Jugnoo’s revenue doubled to Rs 11.7 crore from Rs 5.14 crore in FY 2016-2017. While Jugnoo’s losses came down to Rs 16.34 crore in 2017-2018 from Rs 17.39 crore in 2016-2017.

Jugnoo – Achievements

Put together, some of the major achievements of Jugnoo are-

It established itself as the leading auto-rickshaw aggregator company of India, with around 40,000 people transacting per day.
The company has developed customer-centric services such as B2B deliveries, Food grocery, and meal delivery using auto-rickshaw, which is a unique business idea.
The startup has come up with the latest technologies like Jugnoo Bot which allows the customer to hail rickshaw from any platform, Flight map which aids the drivers in planning the routes to save time and fuel, a multi-lingual interface for drivers and AskLocal, a hyperlocal geo-location-based feature that helps users to stay connected and share content.
The company is constantly exploring new avenues. It has launched its services in diverse fields like 3D printing with Printo, end-to-end field force management solution Tookan, real-time customer support app – Fugu, workflow automation tool – Bumbl, and geo-analytics technology – Data Loops.
The company has been able to attract funding from biggies like Paytm and Snow Leopard Technology Ventures. Jugnoo raised a whopping $16 million in external funding.
It has more than 12000 autos registered with it.
The startup is operating across 120+ cities.
It has a registered user base of over 8 million.
In April 2018, the company started operations in Singapore, it had to close down in August 2018, owing to challenges it faced while recruiting drivers in Singapore. However, Jugnoo tied up with Singapore’s local aggregator app Kardi. It is providing technical expertise and engineering support to Kardi.
Jugnoo also affirms to have an international presence in Trinidad and Tobago, Sri Lanka, Bermuda, Panama, Mombasa, Oman, Congo, Nigeria, Indonesia, England, UAE, and the US.

Jugnoo – Conclusion

Undoubtedly, Jugnoo has improved the wage scenario for auto-rickshaw drivers as well. A Jugnoo driver earns about Rs 70-80 per trip on average. A dedicated driver earns up to 25k per month and this is possible by optimized usage of their time, live know-how of best paths they could take to reach the destination, and of course less bargaining.

Team Jugnoo does not favor perks and considers them as a sign of weakness of their business model. In India where approximately 30 million auto rides are taken and Jugnoo is currently involved in 0.1 % of it, hence there is a huge potential to be exploited. The startup aims to extend its services to the remotest corners of the country. Also soon it aims to become a major international player.

Jugnoo – FAQs

What is Jugnoo auto app?

Jugnoo is a Chandigarh-based e-taxi or ride-sharing platform that focuses on the aggregation and ride-sharing of auto-rickshaws.

Who are the founders of Jugnoo?

Samar Singla and Chinmay Agarwal are the founders of the Jugnoo app.

What is Jugnoo model?

Jugnoo works on a ride-hailing model that earns from the commissions of the rides through its app.

January 22, 2022

List of Angel Investors in Delhi [With Contact]
Angel investors are sometimes marked as Private investors or Seed Funders. Though known by different names, their main aim is to invest in startups or new ventures, thereby helping them to grow and create a presence in this dynamic environment. If you are looking to get an insight about Angel Investors in Delhi along with their Contact Details and Major investments, then this is the right place. As we have put in our best to compile a list of Angel Investors in and around Delhi.

Before, getting to the list of Angel Investors in Delhi. Let’s get an understanding on What do Angel Investors look for in a startup? It becomes essential for a startup to wisely approach an investor that suits the requirements and expertise of both.

Angel investor Pitch Guide

List of Angel Investors in Delhi with Contact:
FAQs

Angel Investmentment

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Rajan Anandan

Contact: LinkedIn

Markets Interested: SaaS, Consumer Internet, Big Data, Cloud Computing, Healthcare, and Digital Media.
Investments: Instamojo, POPxo, ZipGo, Dunzo, Innov8, Rapido, Unacademy, CroFArm among many others.

Rajan Anandan | Angel Investors in Delhi

Rajan Anandan, the MD of Sequoia Capital, is the most prominent investor in the startup industry. He has served as an MD at Microsoft India, Vice President and SEA at Google, and also gained exposure in Dell India. He has gained experience with startups across various domains.

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Vijay Shekhar Sharma

Contact: LinkedIn

Markets Interested: Mobile, Gaming, Social Media, Real Estate, Food Tech, Logistics, Consumer Internet, Media, Fintech, HR Tech, Education, and E-commerce.
Investments: LogiNext, Milaap, InnerChef, Wishberg, FactorDaily, ThePrint, Flyrobe, TapChief, Unacademy, Innov8 among many.

Vijay Shekhar Sharma | Angel Investors in Delhi

The founder and CEO of Paytm, Vijay Shekhar Sharma and One97 has a spectacular experience in the Indian startups. He has given a helping hand to many of the startups in their journey of survival and growth. He graduated from Delhi College of Engineering and later founded his first venture XS Corps, which was then sold to Lotus Interworks LLC.

Sunil Kalra

Contact: LinkedIn

Markets Interested: Education, Healthcare, Digital media, Cloud Computing, Fintech, E-commerce.
Investments: Mobilewalla, Peelworks, OrangeScape, Carmesi, Crayon Data, MyShaadi.in, Innovise, Instamojo among many.

Sunil Kalra | Angel Investors in Delhi

Sunil Kalra is one of the prominent independent angel investors in Indian Angel Network. Being the MD at Via Projects Pvt Ltd and a Venture Partner at Stride Ventures, Sunil has gained immense experience in the field of Finance & Investments.

Ritesh Malik

Contact: LinkedIn

Markets Interested: Consumer Internet, IT, Augmented Reality, Social Media, Clean Technology, Food and Beverages, Fintech, Big data.
Investments: My Child, WittyFeed, PumpKart, Deyor Camps, Ketto, Nimo Planet, Falcon Labs, Josh Talks, Inc42 Media, SectorQube, and many.

Ritesh Malik | Angel Investors in Delhi

Ritesh Malik, the Co-founder, and MD of Innov8 practised as a professional doctor at the esteemed Ganga Ram Hospital, before venturing into his entrepreneurial journey. He is an active and prominent angel investor in Delhi. He also Co-founded Adstuck Consulting Pvt Ltd, a digital transformation agency.

List of Angel Investors in Bangalore [With Contact]

Bangalore, the silicon valley of India, is one of the most famous Indian citiesfor entrepreneurs. In this post, we have listed some of the most prominent angelinvestors in Bangalore whom you can reach out to. You will get to know abouttheir background and the sectors they like to invest in. You …

StartupTalkyLakshya Singh

Kunal Bahl

Contact: LinkedIn

Markets Interested: Consumer Internet, E-commerce, Internet, Big Data, SaaS
Investments: Ola, Gigstart, UrbanClap, Bira 91, Belong, Bewakoof, Rapido, Razorpay, Fynd, Jugnoo, Mamaearth, Tripoto, LetsVenture among many others.

Kunal Bahl | Angel Investors in Delhi

Kunal Bahl, the Co-founder, and CEO of Snapdeal is the most prominent and active investor in the Indian startup ecosystem. He is an alum of the prestigious Wharton School of Pennsylvania. Before Snapdeal, he was associated with prominent organizations like Deloitte and Microsoft in the US. He co-founded Jaspers, the parent company of Snapdeal in 2008.

Google Ventures Investment | Google funded startups

Google Ventures is a capital investment firm. Here is a list of top startups funded by Google Ventures. Know about Google Ventures Investment.

StartupTalkyAnsh Mehrey

Aloke Bajpai

Contact: LinkedIn

Investments: Zapr, Overcart, Twigly, etc.

Aloke Bajpai | Angel Investors in Delhi

Aloke Bajpai is the Co-founder, and CEO of Ixigo – an Online travel marketplace. He is a keen angel investor based out of Delhi. He is a B.tech graduate in Electrical Engineering from IIT Kanpur. He served as VP at Final Quadrant Solutions Ltd, by getting engaged in strategic business development and product marketing.

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Neeraj Kumar Singal

Contact: LinkedIn

Markets Interested: Clean technology, Fintech, AI & Robotics, Digital Marketing, Healthcare, Foodtech, Big Data, and Virtual reality
Investments: Unocoin, Arya ai, SmartVizx, Rubique, MObilewalla, LogiNext, Rubique, Phonon, Utsav Fashions, Vista Pharma, Auro, and many more.

Neeraj Kumar Singal | Angel Investors in Delhi

Neeraj Kumar Singal, Founder and Director of SEMCO Infratech Pvt ltd and also Lightyear Infratech, is a focused investor in varied fields. He is an active member of IAN (Indian Angel Network), LetsVenture, and HBS Alumni Angels. He values innovation and appreciates strategic ideas that can transform the world of Business. He is also well represented at various leadership roles and organizations like FCCI, HBS Club of India, Young President Organisation, AIMA, CII, TiE, Ph.D. Chambers of Commerce and Industry, and many.

Dinesh Agarwal

Contact: LinkedIn

Markets interested: Healthcare, Foodtech, Ecommerce, Media, Technology, Consumer Internet, Social Network, Enterprise software, Fashion.
Investments: InnerChef, Flintobox, DocsApp, Wishberry, Overcart, Heymojo, Eduflix, Greymeter, HackerEarth, Airstream, Gigstart, and many.

Dinesh Agarwal | Angel Investors in Delhi

Dinesh Agarwal, Founder and CEO of IndiaMart, is a prominent entrepreneur and angel investor. He is a well-known member of The Indus Entrepreneurs (TIE) and Internet and Mobile Association of India (IAMAI). Being an alum of The Harcourt Butler Technological Institute of Kanpur, he served as a system analyst at HCL Technologies.

Rajul Garg

Contact: LinkedIn

Markets interested: Healthcare, Consumer Internet, Mobile, Fin-tech, Food-tech, E-commerce, Media.
Investments: Meesho, LifCare, Babygogo, Fashalot, Sheroes, Tripeur, Foodcircle, Just Move, Shuttl, Reify Health among others.

Rahul Garg | Angel Investors in Delhi

Rahul Garg is the Founder & MD at Leo Capital India. He is one of an active business investors in delhi for startups. Being an alumnus of IIT Delhi with a degree in Computer science, his expertise in this field is commendable. He is also associated with TiE, NASSCOM, IIT Mentors, and many other organizations.

Utsav Somani

Contact: LinkedIn

Markets Interested: Management Consulting, Product Innovation, Blockchain, global investments, technology management, SaaS, Clean technology, etc.,
Investments: Betaout, Zippr, Tavaga, Innov8, Testbook, Adpushup, Doormint, LE tote, Rappi, Lead Genius, Proven, NexGear, and many more.

Utsav Somani | Angel Investors in Delhi

Utsav Somani is a prominent angel investor in Delhi via AngelList (an online marketplace of startups and investors). He did his Masters in Innovation & Entrepreneurship from ESADE Business School in 2012. At present, he is also the partner at OB1T Capital (Investment management). He is a well-experienced investor and has been active in the Indian Angel Network.

List of Angel Investors in Hyderabad [With Contact Details]

Are you an aspiring entrepreneur looking for investors in Hyderabad? Here is a list of Top Angel Investors in Hyderabad with their Contacts.

StartupTalkyJeenal Jain

Nikunj Jain

Contact: LinkedIn

Investments: Agastha, Rapido, Wizgo, Routofy, Drivezy among many.

Nikunj Jain | Angel Investors in Delhi

Nikunj Jain, the Co-founder and CEO of Zohem (A blockchain-based data exchange protocol) is a warm investor in the Indian Startup industry. He is a keen investor and also a noteworthy entrepreneur. Before zohem, he had co-founded Frankly.me, which is a video microblogging startup along with inoXapps (a gaming startup). Nikunj did his Btech, Textile Technology from the reputed IIT Delhi.

Amit Ranjan

Contact: LinkedIn

Investments: Touch Talent, Adpushup, Lucideus, and Wishberry.

Amit Ranjan | Angel Investors in Delhi

Earlier, Amit Ranjan had Co-founded Slideshare (Professional content sharing platform). He is now active as the Architect for Digital Locker & OpenForge (e-governance projects) under the Ministry of IT, Government of India.

By being an enthusiast about startups, he mentors them for their growth and development. He played a lead role in commencing the cult of technology “unconferences’ called BarCamps, by organizing India & Asia’s first such event in Delhi.

Rohit Bansal

Contact: LinkedIn

Markets interested: Consumer Internet, Technology, E-Commerce, Enterprise Software, Analytics, SaaS, Wellness.
Investments: Flyrobe, Bira91, UrbanClap, Razorpay, Routofy, Bewakoof, Gigstart, Betaout, Zenatix, Fynd, Qustn Technologies, Leena AI, Supr Daily, Zinier among many.

Rohit Bansal | Angel Investors in Delhi

Rohit Bansal is the Co-founder of Snapdeal, an Indian e-commerce business. Rohit Bansal is one of the prominent investors in the Indian Startup ecosystem. He is an alumnus of IIT Delhi with Btech and Mtech in Computer Science. He is skilled in team management, business development, and strategic planning. He not only provides finance to startups via investing in them but also guides them through their journey by mentoring them in areas of sales, product management, competitor analysis, operations, vendor management, and marketing.

Snapdeal Company Profile – Owner | Acquisitions | Funding | Revenue |

Company Profile is an initiative by StartupTalky to publish verified informationon different startups and organizations. The content in this post has beenapproved by the organization it is based on. How easy have our lives been ever since e-commerce portals came into action! Oneof these, Snapdea…

StartupTalkyRishabh Rathi

Alok Mittal

Contact: LinkedIn

Markets Interested: Enterprise Software, Fintech, Automobile, Consumer Internet, Healthcare, Capital Market, SaaS.
Investments: Adda52, Quifers, Wedmegood, Cuelearn, Baxi, Bite Club, Drivezy, WishBerry, LifCare, iYogi, among others.

Alok Mittal | Angel Investors in Delhi

Alok Mittal, the Co-founder, and CEO of Indifi Technologies Pvt Ltd is not only among the prominent angel investors but also the founder of Indian Angel Network, a platform that connects startups and investors. He is an alumnus of the University of California and completed his Bachelors in Computer Science from IIT Delhi.

Earlier he had also co-founded JobsAhead.com (leading e-recruitment business), which was later acquired by Monster.com. He also worked with Hughes Software in telecom and internet technologies. He graduated from IIT Delhi and completed his MS and Management of Technology programs from UC Berkeley.

Rajesh Sawhney

Contact: LinkedIn

Markets interested: Technology, Consumer internet, Media, Fintech, Travel, Gaming, E-commerce.
Investments: Overcart, Serial Innovations, Speakwell, Inc42 Media, Dexl, Silver Push, Little eye labs, Gamezop among many others.

Rajesh Sawhney | Angel Investors in Delhi

Rajesh Sawhney, the Co-founder, and CEO of InnerChef (Food Tech Startup) is a successful entrepreneur and angel investor He is also the CEO of GSF, an Indian Capital firm and accelerator which is focused on mobile startups. He has a wider experience in media and entertainment ventures. Earlier he worked as the COO of Times internet ltd, as the president at Reliance Entertainment and around 14 years with BCCL. He created several successful businesses across sectors like TV, eCommerce, and travel.
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Kunal Khattar

Contact: LinkedIn

Markets interested: eCommerce, Consumer Internet, Foodtech, Travel, Education, Social Media, Gaming, Automotive, Fintech.
Investments: Flipclass, GamingMonk, White Owl, YumLane, Zophop, IndiaLends, LimeTray, MassBlurb, Rapido, OnlineTyari, Scoopwoop among many.

Kunal Khattar | Angel Investors in Delhi

Kunal Khattar, the Founding Partner of AdvantEdge Partners (Venture Capital Firm), is one of India’s most prominent investors. He also acts as the Director of Rapido, leading a two-wheeler ride-sharing platform. Earlier, he worked as the Marketing Manager at Vodafone. He has also Co-founded ventures like Simply Look.

He is one of the most active angel investors in Delhi, who is always available for any kind of help on sales, business development, communication, and strategic marketing management.

List of Angel Investors in Mumbai [With Contact]

“City of Dreams”, as many people express Mumbai, is a place that helps bringdreams to reality. Angel Investors are one of the means for you, to help achieveyour dreams. Thereby, find the list of Angel Investors in Mumbai and get aninsight on their specific Market Interests, Contact details and Ma…

StartupTalkyJeenal Jain

Samir Sood

Contact: LinkedIn

Markets Interested: Consumer Internet, Enterprise Software, Technology, Digital Media, Technical Continuing Education.
Investments: Airwoot, Biosense, HackerEarth, Xapr, Little Eye Labs, ShieldSquare, MobStac, and many.

Samir Sood | Angel Investors in Delhi

Samir Sood, the Co-founder of Venture Highway (Early-stage venture investment firm) is one of an active private investors in Delhi. He served as the Head of Corporate Development, South Asia and Australia at Google. He was also associated with organizations like Cisco, Microsoft, Dell, and Lehman Brothers. He is an MBA graduate from The University Of Chicago and completed his MS in Mechanical Engineering from Tufts University.

Pranay Gupta

Contact: LinkedIn

Markets Interested: SaaS, Enterprise Software, Fintech, Social Media, IT, Clean Technology, Gaming.
Investments: Alma Connect, Enpower, HashCube, Zuvvu, Pinpuff, Ideophone, Biosense, and many more.

Pranay Gupta | Angel Investors in Delhi

Pranay Gupta is the Co-Founder of 91springboard, India’s leading co-working spaces. He also acted as the Joint CEO at Centre for Innovation, Incubation, and Entrepreneurship. Before Co-founding 91springboard, he worked with Lehman Brothers and Nomura Securities.

Soaib Grewal

Contact: LinkedIn

Markets interested: healthcare, SaaS, Fintech, Consumer Internet, Analytics, Enterprise Software.
Investments: NicheAI, Origa leasing, Upekkha, HIpcask, Spoyl, Tripoto, Uninstall.io among many.

Soaib Grewal | Angel Investors in Delhi

Soaib Grewal acts as an Advisor to AngelList India and is also the Venture Partner at TLabs, a leading startup accelerator and seed investment firm. Before getting associated with TLabs, he acted as Design Mentor at Microsoft Accelerator and also founded BOLd, Design-led investment firm.

Hetal Sonpal

Contact: LinkedIn

Markets interested: E-commerce, Clean Technology, Travel, Real Estate, SaaS, Big data.
Investments: Radiowalla, AdvantEdge Club, WittyParrot, Leverage Edu, Alliz Health among many.

Hetal Sonpal | Angel Investors in Delhi

Hetal Sonpal is into mentoring young minds and budding entrepreneurs along with the students of Amity International School in Gurugram. Earlier, he worked with Intel as the Head of Strategic Alliances. From the esteemed Narsee Monjee Institute of Management Studies, Hetal obtained his MBA Degree. He possesses relevant knowledge and expertise in his field.

Yogesh Bansal

Contact: LinkedIn

Markets Interested: Social Media, Travel, Foodtech, Automobile, B2B, Internet.
Investments: Yaantra, BSquare, RippleCard, Wow Momo, Find my Stay, ChefsNearMe, Ziveg and many more.

Yogesh Bansal | Angel Investors in Delhi

Yogesh Bansal, the Founder, and CEO of ApnaCircle Infotech is a tech missionary with tremendous knowledge and expertise in this field. He holds an MBA Degree in IT & Finance from the University of North Carolina and also founded companies like GeoRapid, GoActiveClub, and Mail Genie. He has got exposure to skills like team building, merger and acquisitions, and serial entrepreneurship.

Paytm: Bringing Cashless Revolution In India | Paytm Case Study

Paytm case study is one of the hot topics among the business enthusiasts andanalysts. Here’s a thoroughly researched paytm case study for you! Paytm is India’s biggest versatile installments, e-wallet, and business stage.Even though it began as an energizing stage in 2010, Paytm has changed its p…

StartupTalkyDevashish Shrivastava

Bharat Mehra

Contact: LinkedIn

Markets Interested: Healthcare, Aerospace, Hospitality, Agritech, Real Estate, Foodtech, Travel, Fintech.
Investments: X Prime, Unbxd, SmartVizX, IntensAquatica, SquarePlums among many.

Bharat Mehra | Angel Investors in Delhi

Bharat Mehra is the Co-founder of Eatworks. He has major experience in the industry of food and real estate. He is a graduate from the esteemed Alliance Manchester Business School and entails skills in Negotiation, management, sales, and valuation. He is among the leading seed investors in Delhi, who is always an enthusiast to work with people who have passion and zeal to do something new.

Satyan Gajwani

Contact: LinkedIn

Markets Interested: Social Media, E-Commerce, Beauty, HrTech, Enterprise Software, Online marketplace.
Investments: Affle, Delhivery, Dineout, Fab.com, Gradeup, Ridlr, Shuttl, ZipDial, ZopNow.

Satyan Gajwani | Angel Investors in Delhi

Satyan Gajwani, the VP of Times Internet & Board member of Times India Group, is among the prominent investors in Delhi. Times Internet is one of India’s largest digital media companies that possess brands like Mumbai mirror, Gaana, Times of India among many. He is an alumnus of Stanford University. He also acts as a mentor to startups in media planning, market research, strategic planning, and team building.

Rajat Harlalka

Contact: LinkedIn

Markets Interested: Enterprise Software, digital media, fintech, e-commerce, journalism, technology.
Investments: Magictap Solutions, NewsBytes, ORO Wealth, Slintel, Vaultedge, Khabri, Yellow ant among many.

Rajat Harlalka | Angel Investors in Delhi

Rajat Harlalka, the Co-founder of Bellurbis Technologies (enterprise software platform), is an active angel investor in Delhi. He is an alumnus of IIT Varanasi and IIT Guwahati. He also acts as the operating partner at GSF India and as a mentor to startups. Be it any concept, like Competitive Analysis, Product development, presentation skills, industry trends or technical marketing, Rajant is at the forefront to help you out.

Abhishek Dwivedi

Contact: LinkedIn

Markets Interested: E-Commerce, Digital Media, Advertising, B2B, HR, Enterprise Software, Edtech, Healthcare.
Investments: Emo2, Impresario, Janeeva, Reach Accountant, Saffronart, Bakers Circle, Digilogues, Chai Garam.

Abhishek Dwiwedi | Angel Investors in Delhi

Abhishek Dwiwedi, an Assistant VP of Growth at 1mg.com (Online Pharmacy), is one of the top angel investors in Delhi. He is associated with SternFisher (an Angel Network) as a partner and also served as the Head of Business Development at HealthKart. By being an alumnus of Delhi College of Engineering, he launched SBD Solutions to organize the fragmented solar photovoltaic & thermal market.

Niraj Singh

Contact: LinkedIn

Markets Interested: Media, Edtech, Enterprise Software, Healthcare, E-commerce.
Investments: Plabro, Rapido, ShaadiSaga, Tripoto, Wigzo Technologies, Drivezy, GrownOut, InstaLively.

Niraj Singh | Angel Investors in Delhi

Spinny, a platform for buying used cars, was Founded by Niraj Singh. Earlier, he was associated with Outbox Ventures as a Founding Partner and has also Co-founded Top Yaps, an internet media site. Locus Education, an ed-tech startup that helps students with IIT JEE Preparation was also co-founded by him. Being a graduate in Electrical engineering from IIT Delhi, he has got exposure to various domains. He not only invests in startups but also provides correct guidance for the growth of the venture.

Priyanka Gill

Contact: LinkedIn

Markets Interested: Fashion, Social Media, Digital Marketing, Ecommerce, Lifestyle, Blogging, Marketing, Food, Logistics.
Investments: Campanja, Bea’s of Bloomsbury, Shoto, Tizaro.

Priyanka Gill | Angel Investors in Delhi

Priyanka Gill is the Founder & CEO of POPXo, Women-focused digital media firm). She is a prominent female angel investor in Delhi and entails interest in building brands within the lifestyle market. She is also the founder and CEO of Plixio (Influencer management platform) & Luxeva (Digital guide platform). She completed her Master of Arts from Kings College London and BA (Hons) in English from Lady Shri Ram College for Women.

Successful Women Entrepreneurs In India [2021 Exhaustive List]

Read about the most successful women entrepreneurs in India who are redefining the Indian startup ecosystem. List of Top and Successful Businesswomen

StartupTalkyAshwini

Anirudh Mullick

Contact: LinkedIn

Markets Interested: Mobile, eCommerce, Matrimonial, Consumer Internet, Social Media, Fintech, Technology, Advertising, HR.
Investments: Admob, Google, LinkedIn, Paypal, Shaadi.com.

Anirudh Mullick | Angel Investors in Delhi

Anirudh Mullick is the head of Recruitment at Sequoia Capital India, where he provides recruiting services to Sequoia’s portfolio companies. He is currently the VP of Sequoia Capital India and is an alumnus of IIPM. Earlier, he served as an Associate Director at Executive Access India. He can help startups find and acquire talents for their development and also guide them through business development and strategic planning.

Top Sequoia Capital Investments that got big

Sequoia Capital has invested in some of the greatest startups and companies including YouTube, Google, PayPal and more.

StartupTalkyPooja Uniyal

Gaurav Kachru

Contact: LinkedIn

Markets Interested: Consumer Internet, SaaS, Small and Medium Businesses, Education, Big Data, Location-Based Services.
Investments: Kartrocket, Kraftly, Roposo, talking threads.in, Giveter.com, among many.

Gaurav Kachru – Angel Investors in Delhi

Gaurav, Founder and Managing Partner at 5ideas (an investment firm), is an active private investor in Delhi. Earlier he founded e-commerce startups FashionAndYou and DealsAndYou. Before commencing his entrepreneurial journey, he worked with Manpower Inc as Regional Director for Asia.

Rajnish Kumar

Contact: LinkedIn

Markets interested: Enterprise Software, Travel, Technology, SaaS, Mobile applications, Fintech, Healthcare.
Investments: MealHopper, Mind Your Fleet, OnlineTyari, AppVirality, Autowale.

Rajnish Kumar | Angel Investors in Delhi

Rajnish Kumar, the Co-founder and CTO of ixigo.com (travel & hotel booking platform), is one of the prominent angel investors in Delhi. He is an alumnus of IIT Kanpur and has expertise in Computer Science and Technology. Earlier, he had also founded Traveneus and has an understanding of Mobile applications and Software development. He also served in various roles at Amadeus IT Group in Spain

This was our list of Angel Investors in Delhi. If you are an investor or know any of the investors for startups, connect with us at shubham@startuptalky.com to get featured in the list.

FAQs

How to get investors for business in India?

Steps to get investors for business in India or investors for startups in India:-
- Create a profile on Angel List.
- Prepare a record of investors to share your ideas with.
- Brush up your networking skills.
- Have a classy introduction to your and your business.
- Tell them why they should invest in your business.
Where can I find Angel Investors?

Check with the Business Development Center, Community Futures Office or Economic Development Centre where you live; there may be an active group of angel investors in your community.

What is an angel investor?

An angel investor is a person who gives capital for a business start-up, normally in exchange for convertible debt or ownership equity.

How to find investors in Delhi?

You can find out investors in Delhi by Ask Family or Friends, try crowdfunding platforms to find investors.
January 7, 2022
List of Startups funded by Nexus Venture Partners

The startup ecosystem has grown over the past few years because many venture capital firms are investing in the early stages of upcoming startups. One such homegrown early-stage investing firm is Nexus Venture Partners, which was founded by successful entrepreneurs Suvir Sujan, Sandeep Singhal and Naren Gupta in 2006.

The firm has its main headquarters in Menlo Park, California with head offices in Bengaluru and Mumbai in India. It is a pioneer of investing in global technology products and technology-led business for India. Nexus focuses on funding startups in the industries such as Enterprise Technology, Consumer Internet, Healthcare, Consumer, Business Services, Media, Software, Big Data Analytics, Data Security, Fintech, DevOps, Open Source, Education, Commerce, Gaming, Cloud, SaaS, Agribusiness, Rural Sector, Energy, Etc.

Nexus is an early partner firm and believes in being the first institutional investment in the seed or the series A rounds. The firm also has long term commitment and work closely with the startups they invest in. Nexus Venture Partners has over $1.5 billion in AUM, after partnering with many entrepreneurs from both America and India.

So far the firm is known to have invested in 294 companies and has over 65 exits. According to Venture Intelligence, Nexus has earned more than $500 million in exits by 2020. Nexus’s core identity has been its success in software deal-making, unlike other Venture Capital firms that only choose to fund successful consumer’s internet unicorns.

The firm also prefers to invest in companies from India or global markets and may also invest in companies located outside India with a focus on American based companies with technologies that are relevant for India and its emerging markets.

Snapdeal
Shopclues
Delhivery
Unacademy
Olx
Zolostays
Pratilipi
Rapido
Yolobus
Druva
Postman
Frequently Asked Questions

Here are some of the startups funded by Nexus Venture Partners

Snapdeal

Snapdeal Logo | Nexus Venture funded startups

Snapdeal is a well-known e-commerce company in India, which was founded by Kunal Bahl and Rohit Bansal in 2010. The company has its headquarters based in New Delhi and has recently grown to become one of the largest online marketplace in the country.

Snapdeal is different from other e-commerce sites because its sellers offer good quality merchandise, customers get to pay value for money which is similar to local markets in metro cities. The website has over 500,000 sellers that sell fashion and home products to customers from 3,700 towns and cities across India.

The company raised over $12 million in its first funding from Nexus Venture Partners and Indo–US Partners in 2011. Three years later, Snapdeal raised $133 million from eBay, Kalaari Capital, Nexus Capital Partners, Bessemers Venture Partners, Intel Capital and Saama Capital in 2014. The last investment made by Nexus Venture Partner to Snapdeal was in 2017 where the company raised funds Rs 113 crore from the firm.

ShopClues

Shopclues Logo | Nexus Venture funded startups

ShopClues is one of the top online marketplaces in India, that was founded in 2011 by Sanjay Sethi, Sandeep Aggarwal and Radhika Aggarwal. The company has its headquarters in Gurgaon and its parent company is Clues Network Pvt Ltd. ShopClues was said to be valued at $1.1 billion in 2015 as it was backed by top investors like Tiger Global, Helion Ventures and Nexus Venture Partners, among others.

In 2019, Qoo10 a Singapore based company acquired Shopclues for 470 million. Shopclues is the country’s first online Managed Marketplace that connects buyers & sellers online while offering a trusted and safe online shopping environment to customers in over 9000 cities across India.

The company secured over $10 million in their Series B round of funding from Helion Venture Partners, Nexus Partners and Netprice.com in 2013. According to the company, the funds were used to scale their business, increase the website’s product catalogue and expand their reach to their target audience.

Indian Startups – Funding & Investors Data [May 2021 Updated]

Ideas, creativity, and execution are essential for a startup to flourish. Butare they enough? A startup succeeds in the long run only if it can scale as andwhen required. Investors provide startups and other entrepreneurial ventureswith the capital—popularly known as “funding”—to think big, grow …

StartupTalkyJeenal Jain

Delhivery

Delhivery Logo | Nexus Venture funded startups

Delhivery is the leading supply chain services chain company in India that was founded by Sahil Barua in 2011 and has its headquarters in Gurgaon. The aim of the company is to become the operating system for commerce in India, with the help of advanced infrastructure, logistics operations and cutting-edge technology.

Delhivery so far claims to have delivered over 500 million shipments, in 230 cities across the country. The company aims to provide products and services in order to help improve the lives of consumers, small businesses, enterprises.

They provide services such as transportation, warehousing, freight, reverse logistics, cross-border and technology services and has over 500,000 sellers and over 10,000 customers. The company raised over $5 million in its series B funding from Nexus Venture Partners in 2013. These funds were said to have been used to further expand its customer base.

Unacademy

Unacademy Logo | Nexus Venture funded startups

Unacademy is one of the top EdTech companies in India that was founded in 2015 by Gaurav Munjal, Roman Saini, and Hemesh Singh. The company has its headquarters based in Bengaluru, Karnataka, and started out as a YouTube channel from 2010 to 2015.

Currently, Unacademy claims to have over 18,000 educators that offer free and subscription-based live classes along with preparation materials for professional and educational entrance exams.

As of 2020, the EdTech startup was valued at $2 billion. Unacademy raised over $4.5 million in their Series A funding from Nexus Venture Partners and Blume Ventures, Girish Mathrubootham, (the CEO of Freshdesk), and Ananth Narayanan (the CEO of Myntra) in 2017.

The company used these funds to strengthen its base of educators from 200 to 2000. Unacademy again secured over $50 million in their Series D funding round from existing Venture capital firms like Steadview Capital, Sequoia India, Nexus Venture Partners and Blume Ventures.

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Olx

Olx Logo | Nexus Venture funded startups

Olx short for Online Exchange is a popular Dutch online marketplace that was founded in 2006. The company is owned by Naspers (South African media group), has its headquarters in Amsterdam and operates in over 45 countries.

Olx allows its users to buy and sell from a wide range of products and services such as electronics, fashion items, furniture, household goods, and vehicles like cars & bikes. In India, Olx has launched special services like Olx Autos (in 2020) and Olx Cashmycar (2018).

Olx is not only popular in India, but also has a strong foothold in countries like Spain, Portugal, Mexico, South America, China, and the Philippines. Olx secured over $5 million in its initial stages of funding from Nexus Venture Capital in 2009.

Zolostays

Zolostays Logo | Nexus Venture funded startups

Zolostays is a Bengaluru based company that provides services for co-living and accommodation options especially to students and young professionals. The company was founded by Snehas Choudary, Dr Nikhil Sikri and Akhil Sikri in 2015 and is available in more than 10 cities across India.

Zolostays provides many budget-friendly unique services like good quality food, carefully curated living space, dedicated support team, free maintenance and zo-tribe events. Currently, the company claims to accommodate 40,000 Zolo properties and is aiming at reaching 200,000 beds by December 2022.

Zolostays has raised $56 million in its Series C funding from Investcorp, Nexus Venture Partners, Mirae Assets and Trifecta Capital in 2020. It had also earlier raised $40 million from Nexus Venture Partners, Olympia Developers, Patni Computers Family Office and Mirae Asset. The company will be using these funds to strengthen its technology and AI-driven operating platforms.

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Pratilipi

Pratilipi Logo | Nexus Venture funded startups

Pratilipi is a self-publishing e-platform that offers content in ten different Indian languages which are Hindi, Gujarati, Bengali, Marathi, Tamil, Kannada, Telugu, English, Urdu, Punjabi and Odia. Pratilipi was founded by Ranjeet Pratap Singh, Prashant Gupta, Rahul Ranjan, Sahradayi Modi and Sankaranarayanan Devarajan in order to promote Indian languages.

The company was launched in 2014 with its headquarters based in Bengaluru, Karnataka. The platform currently claims to have over 2 crore users and allows its users to publish or read their original works such as stories, poetry, essays and articles. Pratilipi secured over $1 million seed funding from Nexus Venture Partners in 2016.

In 2020, the platform went on to raise Rs 76 crore in their Series C funding round led by Tencent with participation from Omidyar Network, Bennett Coleman, Shunwei Capital and Nexus Venture Partners.

Rapido

Rapido Logo | Nexus Venture funded startups

Rapido is a well-known online bike taxi and logistics service providing a platform in India that was founded by Aravind Sanka, Pavan Guntupalli, and SR Rishikesh in 2015. The company has its headquarters in Bengaluru, Karnataka and currently operates in over 100 cities across India.

In 2018, the company had over 15,000 registered riders and more than an average of 30,000 rides per day. By 2019, Rapido has 1 crore registered users and had also created over 500,000 jobs in India. Rapido has over 15 million customers and 25 million app downloads, as of 2021. Recently, the company has also launched on-demand auto-rickshaw hailing services in 14 cities across the country.

Rapido raised over $11.2 million in its Series A round of funding from Nexus Venture Partners in 2019. In its Series C round of funding, Rapido raised $43 million from Westbridge Capital, Nexus Venture Partner, Pawan Munjal Family Trust, Everblue Bangladesh LLC, Motherson Lease Solutions, Everblue Bangladesh LLC, Motherson Lease Solutions, Konark Trust, MMPL Trust in 2021.

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Yolobus

Yolobus Logo | Nexus Venture funded startups

Yolobus is an intercity bus aggregator that has its headquarters in Gurgaon, Haryana and was founded in 2019. The company provides its users with world-class bus facilities that cover over 250 routes across India.

All their busses have facilities Wi-Fi, CCTV Cameras, and GPS tracking, their customers can also choose from options such as a fleet of sleeper, luxurious sleeper buses, and AC/Non AC buses, built-in washrooms, etc.

In 2020, Yolobus raised $3.3 million in their Series A funding round from Nexus Venture Partners and India Quotient. The company will use these funds to ramp up their services, technology, customer, crew safety and sanitization. It will also enhance safety measures as in the times of Covid 19, people are wary of travelling intercity.

Druva

Druva Logo | Nexus Venture funded startups

Druva is a cloud backup and data protection based firm that has its headquarters in Sunnyvale, California with offices in Greenwich, New York, Hong Kong, London, San Francisco and Mumbai. The company was started in 2008 by Jaspreet Singh, Milind Borate, and Ramani Kothandaraman in Pune, India.

Druva is a leader in providing services like SaaS-based data protection and management products to both companies and government agencies. The company aggregates the data of the enterprise data from endpoints, data centers, and cloud workloads for backing it up or restoring, compliance monitoring, security, and other uses, etc.

So far the company has over 750 customers and is known to protect over 300,000 endpoints worldwide. Druva secured $130 million from Sequoia Capital India and Nexus Venture Partners in 2019. Druva is a pioneer as it has created an industry-first application known as InSync that instantaneous automates backups for laptops.

Postman

Postman Logo | Nexus Venture funded startups

Postman is a popular collaboration platform for API Development that was founded by Abhinav Astana, Ankit Sobti and Abhijit Kane in 2014. The company has its headquarters based in San Francisco, California and claims to be used by over 13 million developers and 500,000 organizations worldwide.

The platform helps in simplifying every aspect of building an API and streamline collaboration so the users can create better APIs. Postman raised $150 million in their Series C round of funding from Global venture capital, Insight Partners, CRV and Nexus Venture Partners in 2018.

The company had also been funded by the Nexus Venture Partner in two other rounds first was $1 million in 2015 and $7 million (Series A round funding) in 2016.

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Conclusion

Nexus Venture Partners is one of the leading early-stage investment firms that has helped many Indian startups to grow into unicorns today. The firm has been the most successful in funding software companies, rather than consumer internet unicorns that other venture capital firms prefer investing in.

Over the years, Nexus Venture Partners has earned nearly $500 million exits. Despite being termed as a software investor, the firm is currently investing in a wide variety of industries.

Frequently Asked Questions

What is Nexus Venture Partners?

Nexus Venture Partners is one of the first homegrown Venture capital firms and is a pioneer of investing in global technology products and technology-led business for India.

Who is the founder of Nexus Venture Partners?

Nexus Venture Partners was founded by Suvir Sujan, Sandeep Singhal and Naren Gupta in 2006.

What are the industries in which Nexus Venture Partners fund?

The industries in which Nexus Venture Partners fund are Enterprise Technology, Consumer Internet, Healthcare, Consumer, Business Services, Media, Software, Big Data Analytics, Data Security, Fintech, DevOps, Open Source, Education, Commerce, Gaming, Cloud, Saas, Agribusiness, Rural Sector, Energy, etc.

What are startups funded by Nexus Venture Partner?

The startups funded by Nexus Venture partners are Postman, Druva, Yolobus, Rapido, Pratilipi, Zolostays, Unacademy, Olx, Delhivery, Shopclues, and Snapdeal among others.

September 10, 2021