13 August 2024
Kunal Bahl and Rohit Bansal, the founders of Snapdeal, have made a spectacular exit from Urban Company, turning their initial investment of ₹57 lakh in 2015 into a whopping ₹111 crore. This investment, made before they established their venture capital firm Titan Capital, has yielded a remarkable 200x return.
Titan Capital plans to utilize the proceeds from Urban Company to support emerging founders. The founders of Snapdeal have already made angel investments in over 200 startups through Titan Capital.
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