Rohit Bansal
Recent Highlights
All Stories for Rohit Bansal
Flipkart's Snapdeal acquisition plan hits a roadblock after six months of hard negotiations
•The founders (Kunal Bahl and Rohit Bansal) and shareholders have not yet agreed on the terms of the deal
Flipkart's $950 mn offer: Snapdeal to seek view of Ratan Tata, PremjiInvest, other investors
•Snapdeal Board is now expected to meet next week
Snapdeal acquisition: Flipkart likely to raise offer to $900-950 mn, closer to asking price
•The development comes after Snapdeal rejected Flipkart's earlier offer of $800-850 mn
Snapdeal raises over Rs 113 cr from founders Kunal Bahl, Rohit Bansal, Nexus Venture Partners
•The cash-strapped firm, over the past few months, has trimmed workforce and shut down non-core operations in a bid to control costs
Snapdeal staff may get Rs 193 cr bonanza if merger with Flipkart goes through
•Compared to a valuation of about USD 6.5 billion in February 2016, the sale to Flipkart could see Snapdeal being valued at about USD 1 billion.
Snapdeal board meet: No agreement on sale to Flipkart as valuation impasse continues
•The meeting remained inconclusive as NVP -- an early-investor in Snapdeal -- has still not agreed to the valuation given by SoftBank
Snapdeal board is expected to meet on Tuesday to discuss sell-out to Flipkart
•The board of Snapdeal is expected to meet tomorrow to discuss the potential sale of India's third largest e-commerce firm to larger rival Flipkart.
Delhi entrepreneur files criminal complaint against Snapdeal CEO Kunal Bahl and other founders
•Additional Sessions Judge RK Tripathi issued a notice to Snapdeal CEO Kunal Bahl, COO Rohit Bansal and its former chief financial officer (CFO) Vijay Ajmera for allegedly cheating.
Cash-strapped Snapdeal to offer generous pay hike of up to 15% amid sell-off buzz
•The decision to give such a good pay hike has been taken at a time when Snapdeal's largest investor SoftBank is believed to be working towards sale of the e-commerce platform and a final decision is likely to be made in the next few weeks
Snapdeal promises higher salaries, job security to staff as investor SoftBank pushes for sale
•The founders said the annual performance review process is nearly complete and employees will receive salary revision and promotion letters (where applicable) over the next two weeks.
