NEW DELHI: Founders Kunal Bahl and Rohit Bansal will relinquish control of online marketplace Snapdeal to market leader Flipkart as early investors in the Delhi-based company give their consent to the sale, according to four people aware of the deal. The transaction, if successful, will redefine India’s online retail industry, and sharpen the battle lines…
Tag: kunal Bahal
Snapdeal – Flipkart Unfolds: Snapdeal’s lead attorney Ashish Chandra quits as merger nears conclusion
Investors drive decisions on a merger with Flipkart, even as Snapdeal has hired Amarchand Mangaldas to lead the negotiations for the deal, expected to be concluded this month. Ashish Chandra who was serving as the general counsel of the Softbank-backed e-commerce firm Snapdeal since 2014 has quit the company as investors are driving decisions on…
sugandhad.com 