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

Illustration by Manali Ghosh

Synopsis

The Snapdeal founders’ personal investments have turned into a stellar portfolio of unicorns and soonicorns. It is estimated to bring them a fortune of around USD200 million at the current level. As first-cheque writers, their portfolio and assets under management are growing. What goes into their successful angel-investment play? One is they are ‘reluctant exitors’.

Uptown Gurugram was yearning for a startup event like this. The bustling overcrowded hall was filled with ace investors from the country’s topmost venture-capital firms, half a dozen unicorn founders, and a few hundred of their smaller peers who aspire to break into that coveted league. According to an early-stage investor who attended the event, even the biggest VC firms or powerful industry associations would struggle to pull off something of

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