Snapdeal & Titan Capital’s Kunal Bahl Joins Shark Tank India

SUMMARY

Kunal Bahl cofounded Snapdeal in 2010 and venture capital firm Titan Capital in 2015, along with Rohit Bansal. He is also the promoter of recently listed SaaS startup Unicommerce

Last week, it was reported that Zomato CEO Deepinder Goyal won’t appear on the next season of Shark Tank India as Swiggy sought his removal as part of a deal to sponsor the TV show

In August, Titan Capital raised a target corpus of INR 200 Cr to exclusively invest in follow-on rounds of breakout startups from its seed portfolio

Kunal Bahl, the cofounder of Snapdeal and Titan Capital, has joined TV show Shark Tank India as a shark for its upcoming season.

In a LinkedIn post, Titan Capital said, “We’re thrilled and elated to announce that our co-founder, Kunal Bahl, is joining Shark Tank as the newest Shark.”

“From co-founding Snapdeal | AceVector Group to backing some of India’s most promising startups with Titan Capital, Kunal’s entrepreneurial journey has been extraordinary. Now, he’s ready to bring his passion for building and scaling businesses to the Shark Tank India stage!”

The development comes a couple of days after it was reported that Zomato cofounder and CEO Deepinder Goyal won’t appear as a judge on the upcoming season of the TV show as the foodtech major’s competitor Swiggy sought his removal as part of a deal to sponsor the Shark Tank India.

IPO-bound Swiggy is said to be in talks to finalise a deal to sponsor the upcoming season of the TV show for INR 25 Cr.

In a teaser posted by Sony Entertainment Television for the fourth season of Shark Tank India, other sharks like Anupam Mittal of People Group, Namita Thapar of Emcure Pharmaceuticals, Ritesh Agarwal of OYO, and Aman Gupta of boAt were also seen, besides Bahl.

Bahl cofounded Snapdeal in 2010 and is also the promoter of recently listed SaaS startup Unicommerce.

He founded venture capital firm Titan Capital in 2015, along with Rohit Bansal, to provide capital to startups across consumer internet, D2C, fintech, SaaS, and Web3 sectors.

In August, Titan Capital raised a target corpus of INR 200 Cr to exclusively invest in follow-on rounds of breakout startups from its seed portfolio. Before that, the VC firm exited Urban Company in July.

The firm counts over 200 startups, including Urban Company, OfBusiness, Razorpay, Ola Cabs, Mamaearth, among others, in its portfolio.

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