Kunal Bahl

CEO – SNAPDEAL

Presented by: Pulkit Mahajan(MBA-4B)

FIRST GENERATION

ENTREPRENEUR

ABOUT KUNAL BAHL

Kunal is an Indian entrepreneur , co founder and CEO of e-

commerce platform Snapdeal.

Kunal born in India had completed his initial school

education at Delhi Public School (DPS) New Delhi.

On his consecutive failure to get admission at Indian

Institute of Technology (IIT), Kunal went to USA and got

his bachelor's degree in engineering from University of

Pennsylvania.

Kunal received his business degree from the Wharton

School and finished an executive marketing program from

Kellogg School of Management.

ABOUT KUNAL BAHL(contd..)

While studying in the US Kunal started a detergent

company and worked to sell his product at Walmart stores.

Kunal had worked with Microsoft for a short period as he

was deported from USA to India due to some visa issue in

2008.

ABOUT SNAPDEAL

Snapdeal is an e-commerce company based in India.

It is a daily deals website that features discount offer across

lifestyle segments such as dining, health & beauty,

entertainment and travel. It also offers discounts on

products like electronics, perfumes, watches ,

bags,sunglasses, coaching classes,apparels and mobile

phones.

Headquartered in Delhi, Snapdeal was launched in february

2010. The company was founded by Kunal Bahl, a

Wharton graduate and Rohit Bansal, a alumnus of IIT Delhi

who were friends since schools.

HOW DOES SNAPDEAL.COM EARNS

Snapdeal(SD) gets the besoffer possible from the merchants

from around 65 cities across India and then deducts a small

amount of commission.

SD aims at showing atleast 40-90%off in the deals from

what actually one haa to pay. Depending upon how good

the offer is,SD, deducts their commission starting from Rs.

99 going upto Rs. 299.

SNAPDEAL: FUNDINGS OF SNAPDEAL

Snapdeal has received 7 rounds of funding:

• Round 1: In January 2011, Snapdeal received a funding of

$12 million from Nexus Venture Partners and Indo-US

Venture Partners.

• Round 2: In July 2011, the company raised a further $45

million from Bessemer Venture Partners, along with

existing investors Nexus Venture Partners and Indo-US

Venture Partners.

• Round 3: Snapdeal then raised a 3rd round of funding

worth $50 million from eBay and received participation

from existing investors – i.e. Bessemer Venture Partners,

Nexus Venture and IndoUS Venture Partners.

FUNDINGS OF SNAPDEL(contd.)

Round 4: Snapdeal received its 4th round of funding of

$133 million on Feb-2014. The 4th round of funding was

led by eBay with all the current institutional investors,

including Kalaari Capital, Nexus Venture Partners,

Bessemer Venture Partners, Intel Capital and Saama Capital

all participating.

Round 5: Snapdeal received its 5th round of funding of

$105 million in May-2014. The 5th round included

investments by Blackrock, Temasek Holdings, PremjiInvest

and others. The round valued Snapdeal at $1,000,000,000.

Round 6: Snapdeal received its 6th round of funding in

Oct-2014 from Softbank with investments worth $647

million in fresh capital.This makes SoftBank the largest

investor in Snapdeal.

FUNDINGS OF SNAPDEAL(contd.)

Round 7: Snapdeal received its 7th round of funding in

Aug-2015 from Alibaba Group, Foxconn and SoftBank

with investments worth $500 million in fresh capital.

ACHIEVEMENTS OF KUNAL BAHL

Bombay management association(BMA) entrepreneur of

the year 2014.

ET top 50 entrepreneur of India 2014.

Ranked 25 on Furtune 40 under 40 most influential

business leaders list 2014.

Nasscom NextGen entrepreneur 2014.

AIMA transformational business leader of the year.