Kunal Bahl Role in Transforming the Indian E-commerce Industry

Major Events Of Kunal Bahl’s Life

  • June 1, 1983: Kunal Bahl is born in New Delhi, India.
  • 2001-2005: Bahl attends the University of Pennsylvania, where he earns a degree in mechanical engineering.
  • 2005-2007: After graduation, Bahl works at Microsoft as a product manager.
  • 2007-2010: Bahl returns to India and works as a consultant for a management consulting firm.
  • February 2010: Bahl and his friend Rohit Bansal start a group buying website called MoneySaver, which later becomes Snapdeal.
  • December 2010: Snapdeal raises $12 million in funding from Nexus Venture Partners and Indo-US Venture Partners.
  • 2011-2013: Snapdeal grows rapidly and expands its offerings beyond daily deals to become a full-fledged e-commerce platform.
  • February 2014: Snapdeal raises $133 million in funding from various investors, including eBay and Intel Capital.
  • May 2015: Snapdeal raises $500 million in funding from SoftBank, the largest single investment in an Indian e-commerce company at the time.
  • June 2015: Bahl is named among the “100 Most Influential People in the World” by Time magazine.
  • 2016: Snapdeal acquires Freecharge, a mobile payments company, for $400 million.
  • 2017: Snapdeal terminates merger talks with Flipkart and decides to continue operating independently.
  • 2018: Snapdeal sells its logistics subsidiary Vulcan Express to Kishore Biyani’s Future Group.
  • 2019: Snapdeal acquires Unicommerce, a SaaS-based e-commerce management platform, for an undisclosed amount.
  • 2020: Snapdeal reports its first-ever profit in the financial year 2019-20, despite facing tough competition from Amazon and Flipkart.
  • 2021: Snapdeal’s parent company Jasper Infotech raises $80 million in funding from existing investors, including SoftBank and Temasek.

Kunal Bahl is an Indian entrepreneur and the co-founder of Snapdeal, one of India’s leading e-commerce platforms Kunal Bahl is a prominent figure in the Indian e-commerce industry and a successful entrepreneur who has made significant contributions to the growth and development of the sector in India. Throughout his career, Kunal Bahl has been recognized for his entrepreneurial achievements and contributions to the Indian e-commerce industry. He continues to lead Snapdeal as its CEO and remains committed to growing the company and promoting innovation and entrepreneurship in India.