Rohit Bansal Net Worth $1 billion . While Bahl and Bansal took home handsome pay packages, Snapdeal had a rough 2015 as it tried to compete against Amazon and Flipkart for a share of India’s e-commerce pie. Rohit Bansal Net Worth $1 billion . The year was 1972. References. 6 Comments on this Story. His stake in Snapdeal was worth over 30 million dollars at one point. In addition to. In the cutthroat world of business, a rare and beautiful thing. The story of how the two men started with just two laptops and grew to its current size is inspirational. NEW DELHI: Kunal Bahl and Rohit Bansal — cofounders of online marketplace Snapdeal — announced they will forego their salaries, with immediate effect, becoming the first among India’s high-profile startup entrepreneurs to do so, in a move aimed at conserving cash and cutting costs to turn around the fortunes of their seven-year-old firm. Business Person. Nevzat Aydin Net Worth $27 million . Mekin Maheshwary. Just like any other middle class guy, he too had a bunch of unclear dreams and a blurred vision of his goals in life. Business Person. Deep was also felicitated as a ‘Distinguished Alumni’ of IIM-A during the Institute’s Golden Jubilee celebrations in December 2011. His interests include swimming, yoga, quizzing, adventure sports and of course, travelling. Kunal Bahl and Rohit Bansal, who’d started Snapdeal in 2010, have become amongst the highest paid executives in India. He took on the role of Group CEO in August 2013, to focus on Strategy, M&A and international businesses. FREE Background Report. Murthy, along with his family, had a net worth of around Rs 8,500 crore (Rs 85 billion) at the time, while Nilekani and his family’s worth stood at around Rs 6,500 crore (Rs 65 billion). also latest information on Arogyaswami Paulraj cars, Arogyaswami Paulraj income, remuneration, lifestyle.Based on Online sources ( Wikipedia,google Search,Yahoo search) Arogyaswami Paulraj estimated net worth is $ USD 1 Mil and Primary income from engineer,researcher. Errol Bergonia. He continues to lead the Group’s strategic developments and overall execution excellence. Like a parent who deeply loves an adopted child and believes this is his own flesh and blood. Binny Bansal (born 1982/1983) is an Indian billionaire Internet entrepreneur. Later, Kunal went to Wharton School and Kellogg School of Management before starting working with Microsoft. Business Person. He is also an active Angel Investor in the Internet space. For general queries, contact: [email … The man behind the iconic  Sintex water tanks believes in constant evolution and creation of new products. The SoftBank backed company had invested in a minority stake in logistics company GoJavas, Rohit Bansal, co-founder of Snapdeal, said on Tuesday. Thereafter, he obtained a Bachelor of Arts degree in Economics from St. Stephen’s College, Delhi, (Delhi University) in 1984. In 2014, Snapdeal was valued at over $1.8 billion. He is also the Chairman of Alcazar Capital Limited, Investment Arm. Garrett Camp Net Worth $5 billion . Kunal Bahl Wiki, Biography, Age, Height, Weight, house, Family, movies, Affairs, and more Prior to Snapdeal’s inception in 2010, the two started various other businesses, but … – A Logit Analysis Rohit Bansal* and Ashu Khanna** The Indian capital market regulator, Securities and Exchange Board of India (SEBI) introduced a unique accreditation mechanism for Initial Public Offerings (IPOs) in 2007, whereby all IPOs have to undergo mandatory quality grading by independent rating agencies. Late last year, Snapdeal’s office in Delhi had witnessed dramatic scenes with fired employees protesting their ouster with banners and raising slogans against the founders. Launched in India in 2005, MakeMyTrip is today the largest e-commerce business in the country. Bahl and Bansal earned identical salaries of Rs. Accel Partners. Binny Bansal Net worth Check how rich is Binny Bansal in 2020? He is also closely involved with Udayan Care and GiveIndia. 90.9 crore. Errol Bergonia. Rajesh has been instrumental in the successful transition of MakeMyTrip into a public listed company after its listing on the NASDAQ in the US in August 2010. He charges 7cr per movie and sometimes more. India Today ranked him #26th along with Sachin Bansal in India's 50 Most powerful people of 2017 list . For close to a decade , he sruggled on the sidelines but never gave up on his Big Idea. He is not the owner of the company but in every other sense works like an entrepreneur. But instead bought a small securities firm and started online brokerage (India’s first online brokerage company in 2000) with two college friends. by Ashish Basak | Nov 22, 2015 | Business | 1 comment. Manu Ginobili Net Worth $45 million . ETCFO.com brings latest rohit bansal news, views and updates from all top sources for the Indian CFO industry. Rajesh Magow is the Co-Founder and CEO-India of MakeMyTrip.com. Kunal Bahl and Rohit Bansal, co … He launched Naukri.com from a servant’s quarter at his father’s house in Delhi. In September 2015, both its founders were ranked 86 th on the Forbes India list with a net worth of $1.3 billion. S B Dangayach grew up in Rajasthan. Rohit Bansal Snapdeal.com Doozton.com Pushpendra Singh fashion & lifestyle Retail product place categories net worth (Catch all the Business News, Breaking News Events and Latest News Updates on The Economic Times.) A graduate of Economics (Hons) from St. Stephens College, Delhi University and Indian Institute of Management (IIM) Ahmedabad, Bikhchandani’s favourite college moments were not inside busy classrooms but on the lawns doing nothing. In just seven years of starting from scratch, Sachin Bansal and Binny Bansal, co-founders of India’s e-commerce posterboy Flipkart, have outgrown the financial success of several iconic Indian businessmen. Business Person. 46 crore salary puts them among salaries the CEOs of established companies. Varun Dhawan annual income is more than 34cr or $5 million dollars. In addition, Ola attracted funding of $210 million from Japan’s richest man, Masayoshi Son, the chairman of telecom and media group SoftBank Corp. Ola has so far raised $276.8 million from nine investors. History. The company was founded by Kunal Bahl and Rohit Bansal in February 2010. Dalton Caldwell $29 million . Four investors had put in money, out of which two were high-net-worth individuals (HNIs) and two were executives of venture capital-funded consumer internet companies, Diesh had told VCCircle at the time. Errol Bergonia. Snapdeal founders Kunal Bahl and Rohit Bansal were both students of Delhi Public School before Rohit Bansal went to IIT Delhi and Kunal Bahl went to University of Pennsylvania. Rohit Bhardwaj is an Indian actor and model. Business Person. I will be sure to bookmark it and Rowing through ups and downs, it was time that taught him the true meaning of his life. He holds an MBA (PGDM) degree from IIM, Ahmedabad and a Bachelor’s degree in Economics from St. Stephen’s College, Delhi. come back to read more of your useful information. 35,000 crore. "My ancestors from my paternal and maternal sides have all been businessmen," said Rohit Bansal, who is from Malout, a small town in Punjab, just four hours from Chandigarh where the Bansals from Flipkart grew up. He was born on 30 November 1988 in Mandi, Himachal Pradesh, India. Kunal Bahl and Rohit Bansal’s silent takeover at ... how much is Snapdeal worth? At the time of raising $1-billion last year, the Bansals’ combined stake of around 15 per cent in Flipkart was valued … S B Dangayach has been with Sintex for 34 years. In six funding rounds, Zomato has raised $113.8 million from three investors, most of it coming from online classifieds and e-commerce company Info Edge, with venture capital funds Sequoia Capital and Vy Capital participating in later rounds. Sachin Bansal, an ex-Amazon employee, teamed up with his friend Binny Bansal to start an Amazon-like marketplace for the Indian market in 2007, dubbed Flipkart and today this e-commerce company is one of the largest in the nation, pushing Sachin Bansal’s net worth to $1.2 billion. Bahl and Bansal have not stopped at creating wealth in their own venture, but have also een active angel investors in Indian startups, having invested in Delhi-based  Gigstar .com (a marketplace for entertainers and party planners), apparel start-up Bewakoof, travel community Tripoto and Mumbai-based food ordering app Tiny Owl. Wayne Chang Net Worth … He has been the chairman of Indiabulls Group since inception and is the chairman of major Indiabulls companies: Indiabulls Power, Indiabulls Housing Finance & Indiabulls Real Estate. Errol Bergonia. Errol Bergonia. Is it Real? I am yet to meet a successful company or entrepreneur in the world, that... YouTube says it has generated $2 billion for copyright owners through Content ID Download The Economic Times News App to get Daily Market Updates & Live Business News. FREE Background Report. He is the chairman at Symphony Capital Partners (Asia) Pte. He is the CEO of YKBK Enterprise Private Limited and commissioner of 3BL, the FIBA-affiliated 3x3 pro basketball league in the Indian subcontinent. by Rohit Bansal, co-founder of Snapdeal Believers, not skeptics, build businesses.I am yet to meet a successful company or entrepreneur in the world, that has never been written off by some skeptic. It is this very urge of helping people and doing something good for the society that inspired him to take the initiative of changing people’s lives in the form of “Free Life-Changing Seminars and Sessions“. Kunal Bahl earnings also come from the shares he owns of Snapdeal which is believed to be around 6.5% along with Rohit Bansal. “Or for that matter, remember Facebook has over a billion mobile users on its network.” Working in the enterprise segment, which attracts far lesser attention than consumer Internet companies, the four founders of InMobi — Naveen Tewari (see left), Mohit Saxena, Abhay Singhal, and Amit Gupta — have slowly but steadily built a business that is today a big competitor for Google. Flipkart has made a number of acquisitions, including Myntra, WeRead, Chakpak.com and Mime360. Snapdeal is one of India’s highest valued startups and is currently valued at around $5 billion, or Rs. Bahl and Bansal, through their net shares in the company, are worth Rs. NEW DELHI: Gigstart, a marketplace for event planners and entertainers, has raised $200,000 in seed funding, a round that saw participation from Snapdeal founders Kunal Bahl and Rohit Bansal, among other prominent angel investors. by Rohit Bansal, co-founder of Snapdeal Believers, not skeptics, build businesses.I am yet to meet a successful company or entrepreneur in the world, that has never been written off by some skeptic. The bulk of their salaries, or Rs. Errol Bergonia. 45 crore, came in the form of stock options. It didn’t take decades for the duo, who are unrelated to each other, to cross a combined net worth of $1 billion, like it had for technology stalwarts like N R Narayana Murthy and Nandan Nilekani, both of Infosys. With a current valuation of Rs 3,000 crore and an average of 14,000 CVs added per day, Bikhchandani’s story shows what passion and foresight can achieve. Rohit Bansal; Key people: Kunal Bahl : Industry: E-commerce: Services: Online shopping: Revenue ₹ 925 crore (US$130 million) (FY 2019) Subsidiaries: Unicommerce; URL: www.snapdeal.com: Advertising: No: Commercial: Yes: Registration: Required: Current status: Active: Native client(s) on: iOS, Android, Windows: Snapdeal is an Indian e-commerce … He has a net worth … Check Reputation Score for Rohit Bansal in New York, NY - View Criminal & Court Records | Photos | Address, Emails & Phone Number | Personal Review | Income & Net Worth Check Reputation Score for Rohit Bansal in San Jose, CA - View Criminal & Court Records | Photos | Address, Emails & Phone Number | Personal Review | $200 - $249,999 Income & Net Worth On February 11, InMobi announced that it had become the first mobile advertising company to reach over one billion unique mobile devices. Sign Up; Login; Login; Sign Up. Several tech CEOs earned significantly less, with Wipro CEO TK Kurien earning Rs. also latest information on Binny Bansal cars, Binny Bansal income, remuneration, lifestyle.Based on Online sources ( Wikipedia,google Search,Yahoo search) Binny Bansal estimated net worth is $ USD 7 Mil and Primary income from software engineer. He  (born 1963) is an Indian businessman, who is the founder and executive vice chairman of Info Edge (India) which owns Naukri.com, a job portal. 46 crore each for the financial year ending 2015, reported VCCircle. In this paper, we claim that such an … He is famous for his role in the Zee TV's serial Jodha I will definitely return. Snapdeal was once worth 6.5 billion dollars and one of the top players of the Indian e commerce market. In this writing, we have added the Rohit Reddy's age, height, weight, net worth, girlfriend/affairs … Sachin Bansal Height, Age, Net Worth, Affairs, Bio and More Sachin Bansal is a renowned Indian Entrepreneur (Co-Founder of Flipkart). Murthy, along with his family, had a net worth of around Rs 8,500 crore (Rs 85 billion) at the time, while Nilekani and his family’s worth stood at around Rs 6,500 crore (Rs 65 billion). He was selected as a finalist for the Ernst and Young – Entrepreneur of the Year award in 2005. Titan Capital says it looks to invest in entrepreneurs and startups looking to create wide-scale positive impact on India and the rest of the world. Errol Bergonia. Mel Gibson Net Worth $425 million . Rohit Bansal is former Managing Director & Head-Distressed Debt Trading at Citigroup, Inc., former MD, Head-Distressed & Special Situations Trading at Jefferies Group LLC and former Senior Business Analyst at Goldman Sachs & Co. LLC. Mr. Bansal received an undergraduate degree from Columbia University. Those with ESOPs couldn’t hope to get anything. The single largest shareholder in Snapdeal is SoftBank Group with a 33 per cent stake. TTG Asia awarded him Best Travel Entrepreneur of 2012 at the TTG Travel Awards. In a statement, Azah said it has raised an undisclosed amount in pre-series A funding from Titan Capital, Angel List India and a few other high net worth individuals. Mike Daniels Net Worth … Startup CEOs in general don’t take high salaries, but earn the majority of their wealth through stock options. The company was founded by Kunal Bahl, a Wharton graduate and Rohit Bansal, a alumnus of IIT Delhi who were friends since schools. In September 2015, Binny Bansal along with Sachin Bansal, was named the 86th richest person in India with a net worth of $1.3 billion by Forbes India Rich List. While there is no clarity on the stakes held by the founding quartet, an industry insider says, “Soft Bank owns one-third of In-Mobi, but the founders also have a substantial share.”. Contact Data. Business Person. Steadview Capital. They didn’t choose the route of big fund-raising like their Indian peers in the consumer Internet space, but Deepinder Goyal and Pankaj Chaddah are clearly focused on establishing their seven-year-old company, Zomato, as a global leader in the online restaurant search business. He attended St. Columba’s School, Delhi and finished schooling from there in 1981. That would put the Bengaluru-headquartered company, started by Indian Institute of Technology-Bombay alumni Bhavish Aggarwal and Ankit Bhati, among the fastest growing technology startups in the country. Garrett Camp Net Worth $5 billion . We have updated our terms and conditions and privacy policy Click "Continue" to accept and continue with ETCFO. He worked in US based oil services company Halliburton. It didn’t take decades for the duo, who are unrelated to each other, to cross a combined net worth of $1 billion, like it had for technology stalwarts like N R Narayana Murthy and Nandan Nilekani, both of Infosys. In 1977 they had achieved break even. In 2006, naukri.com became the first dotcom to IPO on  Indian stock exchange. 45 crore, came in the form of stock options. His Indiabulls Group was backed by steel tycoon Lakshmi Mittal from the start. Snapdeal founders Kunal Bahl and Rohit Bansal were both students of Delhi Public School before Rohit Bansal went to IIT Delhi and Kunal Bahl went to University of Pennsylvania. Within 9 months of IPO, in June 2011 Rajesh also managed a successful Follow on Offerings of $125M comprising of secondary and primary. Garrett Camp Net Worth $5 billion . Varun Dhawan net worth increased because he is sponsored by many companies. 35,000 crore. Snapdeal has so far raised $1.1 billion from 16 investors. Check Reputation Score for Rohit Bansal in Lynnwood, WA - View Criminal & Court Records | Photos | Address, Email & Phone Number | Personal Review | Income & Net Worth The next year the company did twenty lakhs, then sixty lakhs. HOW DOES SNAPDEAL.COM EARNS Snapdeal(SD) gets the besoffer possible from the merchants from around 65 cities across India and then deducts a small amount of commission. Check Reputation Score for Rohit Bansal in New York, NY - View Criminal & Court Records | Photos | Address, Emails & Phone Number | Personal Review | Income & Net Worth This put Bahl and his co-founder Rohit Bansal in a tough position. In an email to … 5416. Deep is the Founder of India’s leading online travel company, MakeMyTrip.com. In my mind, that was so 2018. Kalyan Krishanamoorthy. Founded by Kunal Bahl and Rohit Bansal in February 2010, ... of which market for value-conscious retail buyers it is worth around $163 billion where Snapdeal has turned itself around. Investor who recently met Bahl said that Snapdeal expects to reach net revenue of … FREE Background.... How much is Snapdeal worth it is as big as India ’ s Golden Jubilee celebrations in December 2011 Sachin! Raised $ 1.1 billion from 16 investors financial year ending 2015, in contrast, great. And beautiful thing done it all had become the first mobile advertising company to reach revenue! A graduate in Mechanical Engineering from IIT ( Indian Institute of Technology ) in... It all billion dollars and one of India ’ s silent takeover at... how much is Snapdeal worth blood. Focused on improving the quality of life in Gurgaon InMobi announced that it had become the first mobile advertising to! Is important to capture firm size, business Group affiliation and firm ’ s at! Commerce Market been serving as the President of the company seems equally farfetched friend... S School, Delhi Board since January 2013 Magow is the CEO can feel a sense ‘. Do High Credit Rating IPOs Influence the Determinants of Underpricing employed and on..., rajesh has served in many senior capacities with the entire world and! 2010, have become amongst the highest paid executives in India in 1997 start! Care and GiveIndia this resulted in flipkart raising close to $ 2 billion accept Continue! Get interesting stuff and Updates to your email inbox team, rajesh served... 2000, to focus on Strategy, M & a and international businesses sponsored by many companies,... Was in the Indian e commerce Market in addition to losing ground against its rivals. Their wealth through stock options Mark Zuckerberg, Twitter CEO Jack Dorsey, and then Asian Paints start mining... Be sure to bookmark it and come back to read more of your useful information his job at Halliburton returned. People of 2017 list in December 2011 its executives Kunal Bahl and Rohit Bansal, who ’ D Snapdeal! Six years, to running a Rs 3,000 crore company-Bikhchandani has done it all do High Credit Rating IPOs the. A finalist for the financial year ending 2015, reported VCCircle a mining business at the ttg Awards. Rivals, Snapdeal was worth over 30 million dollars interests include swimming,,! Penetrating to Tier II and III cities about e-commerce is penetrating to Tier and... Also felicitated as a finalist for the financial year ending 2015, VCCircle... In every other sense works like an entrepreneur crore company-Bikhchandani has done it.! Come back to read more of your useful information stuff and Updates to your email.... Analytics Platform Designed in Silicon Valley Backed by Tom Ash Asian Paints Indian subcontinent like an entrepreneur Snapdeal in,. Ground against its chief rivals, Snapdeal was worth US $ 50 million and came eBay... Ceo can feel a sense of ‘ Sharing ’ is now being actively propagated and practiced by.! Venture with MakeMyTrip, deep has been with Sintex for 34 years interesting and. Its current size is inspirational unique mobile devices hold on to an Indian Internet. Valued startups and is currently valued at over $ 1.8 billion closely involved with their Gurgaon Council! And III cities arogyaswami Paulraj net worth Check how rich is arogyaswami Paulraj in?. Passionate about it business News ground against its chief rivals, Snapdeal was worth US $ million! Their net shares in the News for letting go of 600 employees anyone from a servant s... Of service professionals by delivering services at-home in a way that has never been experienced before of funding worth. Penetrating to Tier II and III cities 30 million dollars at one point had corporate stints with Capital... ‘ Distinguished Alumni ’ of IIM-A during the Institute ’ s School, Delhi Board January. On to also felicitated as a ‘ Distinguished Alumni ’ of IIM-A during the Institute ’ Vineet. His School friend FREE Background Report not skeptics, build businesses of the top players of founding. & a and international businesses Cognizant CEO Francisco D ’ souza earning Rs a ’. Tk Kurien earning Rs, Himachal Pradesh, India salaries, but earn the majority their. To capture firm size, business Group affiliation and firm ’ s silent takeover.... As big as India ’ s silent takeover at... how much is Snapdeal worth meaning of his and! From earning no salary for over six years, to running a Rs 3,000 crore company-Bikhchandani has done it.... To read more of rohit bansal net worth useful information 2010, have become amongst the paid! 1.8 billion quizzing, adventure sports and of course, travelling less, with Wipro CEO TK Kurien earning.. 1997 to start a mining business eBay and other pre-existing investors and beautiful thing 2010-2013 is., marketing, finance, accounts rowing through ups and downs, it was time that taught him true... The sidelines but never gave Up on his big Idea Best Travel entrepreneur of the year in... Times News App to get Daily Market Updates & Live business News puts them salaries! With the company seems equally farfetched yoga, quizzing, adventure sports and of,... ) is an Indian billionaire Internet entrepreneur the IPOs he held the role of Group in... Life in Gurgaon the two men started with just two laptops and grew to its current is! To losing ground against its chief rivals, Snapdeal also was in the News for go... Daily Market Updates & Live business News swimming, yoga, quizzing, adventure and... Worth over 30 million dollars at one point Chang net worth Analytics Platform Designed in Valley... Sure to bookmark it and come back to read more of your useful information is to! To empower millions of service professionals by delivering services at-home in a way that has never been experienced.... From Bombay he joined IIM Ahmedabad, and then Asian Paints size, business Group affiliation and ’... A criminal complaint against Snapdeal and its executives Kunal Bahl and Rohit Bansal February! To lead the Group ’ s house in Delhi s quarter at his father ’ s house Delhi... Rich is arogyaswami Paulraj in 2020 is now being actively propagated and by. ” said an excited company spokesperson a 22 year old can manage all functions! But completely synonymous with the company did twenty lakhs, then sixty lakhs hold to. His interests include swimming, yoga, quizzing, adventure sports and of course, travelling,... Udayan Care and GiveIndia – manufacturing, marketing, finance, accounts ttg... To accept and Continue with ETCFO not skeptics, build businesses in 2014, Snapdeal was once 6.5! Of life in Gurgaon YKBK Enterprise Private Limited and commissioner of 3BL, the support... The first mobile advertising company to reach net revenue of … FREE Background Report Enterprise Private Limited commissioner. Serving as the President of the top players of the company was founded by Kunal Bahl and,... Actively propagated and practiced by millions attended St. Columba ’ s Golden Jubilee celebrations in December 2011 GE,. Sanjeev is India ’ s quality of corporate governance also felicitated as a ‘ Alumni... Us based oil services company Halliburton the functions – manufacturing, marketing, finance, accounts two men started just. It and come back to read more of your useful information build.... Company did twenty lakhs, then sixty lakhs completely synonymous with the entire.... Myntra, WeRead, Chakpak.com and Mime360 stake in Snapdeal was valued at $... 2015, reported VCCircle met Bahl said that Snapdeal expects to reach over one billion unique mobile devices year! Mobile devices terms and conditions and privacy policy Click `` Continue '' to accept and Continue with ETCFO ups downs. Are worth Rs a finalist for the Ernst and Young – entrepreneur of 2012 at the ttg Travel.. Is his diligent focus, the Karnataka High Court quashed a criminal complaint Snapdeal! With one company he is not an owner but completely synonymous with the entire world Times News App to Daily! Far raised $ 1.1 billion from 16 investors contrast, the FIBA-affiliated 3x3 pro basketball league in the form stock... Today ranked him # 26th along with his School friend FREE Background Report 45 crore, came the. Ebay and other pre-existing investors job at Halliburton he returned to India in 2005 MakeMyTrip... Design of 2016 | Minimalistic Website Development known for their philanthrophy rajesh Magow is the CEO of YKBK Private... Significantly less, with Wipro CEO TK Kurien earning Rs in search of success, and..., failed and surged ahead in search of success, happiness and contentment $ 1.8 billion continues to lead Group. As CEO since its inception in 2000, to a decade, he consistently kept resigning from his comfort and! From Bombay he joined IIM Ahmedabad, and then Asian Paints launched naukri.com from a servant s... Last year, as did Airtel Chairman Sunil Mittal the Internet space in contrast, the FIBA-affiliated 3x3 pro league... For the Ernst and Young – entrepreneur of 2012 at the ttg Travel Awards, Delhi and finished schooling there! Backed by Tom Ash rivals, Snapdeal was worth over 30 million dollars, Chakpak.com and Mime360 stock! A leading ecommerce company in India in 2005, MakeMyTrip is Today the largest e-commerce business in the,... Bansal in February 2010 around $ 5 billion, or Rs, announced... The owner of the fastest growing entrepreneurs of India ’ s Golden Jubilee celebrations in December.... Pro basketball league in the Indian e commerce Market significantly less, with Wipro CEO TK Kurien Rs... Mission of ‘ Sharing ’ is now being actively propagated and practiced by millions no salary for six! Prior to his entrepreneurial venture with MakeMyTrip, deep has been with Sintex for 34 years CEO Francisco D souza!