Snapdeal Founders Pocketed $24 Mn In 2015; So Much For Salary Cuts - Inc42 Media

Summary: India's ecommerce giant Snapdeal is in the news again. This time, as per a report by Financial Express, the founders of online marketplace, Kunal Bahl and Rohit Bansal sold 11,462 shares in their personal capacity in 2015 to Ontario Teachers' Pension Plan. The two sold 5,731 shares each, subsequently raising $24.4 Mn through the transaction.
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