India : Snapdeal's Kunal Bahl named Entrepreneur of the Year

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Snapdeal's Kunal Bahl named Entrepreneur of the Year

21
Dec '15

Kunal Bahl, the co-founder and CEO of e-commerce major Snapdeal has been declared The Economic Times Entrepreneur of the Year 2015.

Bahl, who alongside childhood friend, schoolmate and IIT Delhi alumnus Rohit Bansal, founded Snapdeal in 2010, has over the last two years, increasingly shifted the online marketplace from being just another ecommerce company to building a complete ecosystem of goods and services.

"It is a phenomenal feeling that validates the many years our team has invested in building a platform that changes lives of millions of small businesses in India. This is surely the highlight of our entrepreneurial journey, one that encourages us to only aim higher and create significant impact for our country," said the 31-year- old Wharton graduate on being awarded the recognition.

Interestingly, Bahl and another contender for the award, Bhavish Aggarwal, the co-founder of Ola, were part of the jury, but went out of the room when the rest of the jury deliberated the category.

In selecting Bahl for the honour, one juror said Bahl had demonstrated remarkable maturity, got top talent for the company and recently raised money at a valuation of $5.5 billion (about Rs 35,000 crore) from global investors. (SH)

Fibre2Fashion News Desk – India

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