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Snapdeal founder Kunal Bahl says governance scandals have hurt trust in Indian startups

Economic Times

Economic Times · 3m ago

Snapdeal founder Kunal Bahl says governance scandals have hurt trust in Indian startups

Snapdeal cofounder Kunal Bahl highlighted how governance scandals have damaged trust in Indian startups, urging financial discipline from the start. Speaking at a summit, he emphasized early-stage founders should adopt governance practices, prompted by recent high-profile controversies. This scrutiny has led investors to impose stricter clauses and engage in independent audits. Bahl advocates for governance as essential for investor and stakeholder confidence, while anticipating increased private funding and IPO activity by 2025, contingent on good governance practices.

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CII launches corporate governance charter for startups

Deccan Herald · 1y ago

CII launches corporate governance charter for startups

Kunal Bahl, Chairman of the CII National Startup Council and Co-founder of Titan Capital & Snapdeal, emphasizes the importance of integrating good corporate governance principles into startups from the beginning. This ensures that these principles become ingrained in the organization and provide guidance throughout its growth and development.

‘India needs more Indicorns, not just Unicorns,’ says Kunal Bahl

Economic Times

Economic Times · 3m ago

‘India needs more Indicorns, not just Unicorns,’ says Kunal Bahl

Snapdeal and Titan Capital cofounder Kunal Bahl emphasized the importance of "Indicorns," or profitable Indian startups, over just achieving unicorn status based on valuations. He highlighted companies like Infosys and Wipro as models for sustainable growth. Bahl noted that 202 Indian startups, termed Indicorns, generate over Rs 100 crore annually with substantial profits. While acknowledging both models of growth, he urged for recognition of startups growing profitably, independent of external capital.

How Snapdeal founder Kunal Bahl became the titan of early-stage investing

Livemint

Livemint · 1y ago

How Snapdeal founder Kunal Bahl became the titan of early-stage investing

Snapdeal founders Kunal Bahl and Rohit Bansal have seen success as investors with their venture firm, Titan Capital, making profitable exits from startups like Urban Company, Ola Cabs, and Mamaearth. However, their own e-commerce platform, Snapdeal, failed to achieve the same level of success and faced a boardroom battle with investors. Now, Snapdeal is set to list its logistics-focused SaaS business, Unicommerce, on the Indian stock market. Despite their tumultuous journey with Snapdeal, Bahl and Bansal remain committed to supporting and backing up-and-coming startups through Titan Capital.

Startups Are Onboarding Big 4 Auditors Earlier to Avoid Governance Lapses: Kunal Bahl

OutlookIndia

OutlookIndia · 3m ago

Startups Are Onboarding Big 4 Auditors Earlier to Avoid Governance Lapses: Kunal Bahl

Startups are increasingly engaging Big 4 auditors earlier to enhance corporate governance and mitigate risks, as outlined by Kunal Bahl, cofounder of Snapdeal and Titan Capital. Speaking at TiE’s India Internet Day 2025, Bahl highlighted the shift in startup mindset toward early governance discussions due to recent failures. This proactive approach boosts confidence among shareholders and employees by ensuring transparency, compliance, and accountability from the onset of operations.

Snapdeal & Titan Capital’s Kunal Bahl Joins Shark Tank India

Inc42 · 10m ago

Snapdeal & Titan Capital’s Kunal Bahl Joins Shark Tank India

- Kunal Bahl is the co-founder of Snapdeal, a popular e-commerce company established in 2010. - He is also the co-founder of Titan Capital, a venture capital firm that was founded in 2015. - Kunal Bahl is the promoter of Unicommerce, a SaaS startup that recently got listed. - Swiggy requested the removal of Zomato CEO Deepinder Goyal from the next season of Shark Tank India as part of a sponsorship deal for the TV show. - In August, Titan Capital successfully raised a target corpus of INR 200 Cr to focus on investing in follow-on rounds of breakout startups from its seed portfolio.

Investment in Mamaearth happened by chance: Titan Capital’s Kunal Bahl

Economic Times

Economic Times · 1y ago

Investment in Mamaearth happened by chance: Titan Capital’s Kunal Bahl

Kunal Bahl, co-founder of Titan Capital and former Snapdeal founder, revealed that he decided to invest in Mamaearth after a bathroom encounter with the brand's shampoo bottle. His wife's recommendation from a moms' group on Facebook and a phone call to Mamaearth's founder, Varun Alagh, led to the investment. Bahl praised Mamaearth for its inspiring journey and profitability, noting that they built the company without the typical startup backgrounds and are beloved by consumers. Bahl and his Snapdeal co-founder are set to make a remarkable 100x return on their 2017 investment in Mamaearth through its IPO. The IPO received strong subscription from institutional buyers and retail investors.

Snapdeal founders exit Urban Company with ₹111 crore, a 200x ROI

Inshorts · 1y ago

Snapdeal founders exit Urban Company with ₹111 crore, a 200x ROI

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.

Nithin Kamath, Kunal Bahl among 31 nominated to startup council

Inshorts · 1y ago

Nithin Kamath, Kunal Bahl among 31 nominated to startup council

The government has nominated 31 non-official members to the National Startup Advisory Council (NSAC). The list includes Zerodha CEO Nithin Kamath, Snapdeal Co-Founder Kunal Bahl, Urban Company Co-Founder Abhiraj Singh Bhal and others. Notably, Ola Cabs CEO Bhavish Aggarwal and BYJU'S CEO Byju Raveendran have been removed from the list following completion of term of two years.

Snapdeal's Co-Founder Kunal Bahl encourages embracing Hindi in business

Livemint

Livemint · 1y ago

Snapdeal's Co-Founder Kunal Bahl encourages embracing Hindi in business

Snapdeal co-founder, Kunal Bahl, recently shared a story on Twitter about a startup founder who asked if he could present his business in Hindi instead of English. Bahl welcomed the idea and emphasized the importance of authentic communication in one's native language. He criticized the prevailing preference for English in professional settings and encouraged confidence in using one's mother tongue in business presentations. Bahl believes that getting the point across effectively is more important than conforming to a colonial mindset.

Will stop urging people to visit Kashmir, not worth the risk: Kunal Bahl

Inshorts · 4m ago

Will stop urging people to visit Kashmir, not worth the risk: Kunal Bahl

Snapdeal Co-founder Kunal Bahl shared visuals from his recent trip on social media and wrote, "Beauty of Pahalgam from my last trip." He added, "Despite people's fear of going to Kashmir, I've always been the voice that's been telling those around me to go experience its beauty, culture." He further said, "I'll stop doing that now. Not worth the risk."

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