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Snapdeal founders exit Urban Company with ₹111 crore, a 200x ROI
short by / on Friday, 19 July, 2024
Kunal Bahl and Rohit Bansal, Snapdeal founders, exited Urban Company with 200x return on their 2015 seed investment of ₹57 lakh, now worth ₹111 crore. Their Titan Capital, backing over 200 startups, invested in companies like Ola and RazorPay. Meanwhile, Dharana Capital acquired ₹400 crore in Urban Company shares. Snapdeal founders plan to reinvest gains in startups.
read more at Startup Pedia