SoftBank appoints its second director to Snapdeal's board
SoftBank has appointed its second director, Lydia Bly Jett, to Snapdeal's board. Last month, SoftBank executive Kabir Misra was appointed to Snapdeal's board. Snapdeal's seven-member board includes representation from investors SoftBank, Kalaari Capital and Nexus Venture Partners, and Co-founders Kunal Bahl and Rohit Bansal. Reports claim that SoftBank is preparing for Snapdeal's sale to Flipkart.