A snappier deal: Are Kunal Bahl and Rohit Bansal India’s most successful early investors?

Illustrated by Manali Ghosh

Synopsis

The Snapdeal founders’ personal ventures have turned into a collection of unicorns and Sonys. It is estimated to bring them a fortune of around $200 million at current levels. As first check writers, their portfolios and assets under management are growing. What happens in their successful angel-investing game? One is that they are “reluctant exiters.”

Uptown Gurugram was eager for a startup event like this. The jam-packed hall was filled with high-profile investors from the country’s top venture capital firms, two dozen unicorn founders and several hundred of their smaller counterparts who aspire to make it to the big league. According to one early-stage investor who attended the event, even the biggest VC firms or powerful industry associations are struggling to get something out of

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