Premji's PremjiInvest objects $30 mn for Snapdeal Founders
Wipro Chairman and billionaire Azim Premji's family office PremjiInvest, an investor in Snapdeal, on Wednesday objected $30 million payout proposed for Snapdeal Co-founders Kunal Bahl and Rohit Bansal as a part of Snapdeal-Flipkart merger. It also said that the $60 million payout proposed for Snapdeal's early investors like Kalaari Capital and Nexus Venture Partners isn't acceptable.