Kunal Bahl Height, Age, Wife, Children, Family, Biography
Quick Info→
Hometown: New Delhi
Wife: Yashna Bahl
Age: 40 Years
Bio/Wiki | |
---|---|
Profession(s) | • Entrepreneur • Investor |
Physical Stats & More | |
Height (approx.) | in centimeters- 165 cm in meters- 1.65 m in feet & inches- 5’ 5” |
Weight (approx.) | in kilograms- 75 kg in pounds- 166 lbs |
Eye Colour | Dark Brown |
Hair Colour | Black |
Career | |
Awards, Honours, Achievements | 2014 • Entrepreneurs of the Year Award at the 36th Bombay Management Association (BMA) Awards • EY Entrepreneur of the Year - Startup 2014 • Nasscom NextGen Entrepreneur 2015 • The Economic Times Entrepreneur of the Year Award • AIMA Transformational Business Leader of the Year • Indian Affairs Business Leader of the Year 2018 • The Joseph Wharton Award for Young Leadership 2019 • The Economic Times Comeback Award |
Personal Life | |
Date of Birth | 1 January 1984 (Sunday) |
Age (as of 2024) | 40 Years |
Birthplace | New Delhi, India |
Zodiac sign | Capricorn |
Nationality | Indian |
Hometown | New Delhi |
School | Delhi Public School, R.K. Puram, New Delhi |
College/University | • University of Pennsylvania - Jerome Fisher Program in Management and Technology (2006) • The Wharton School (Pennsylvania) • School of Engineering and Applied Science (Pennsylvania) • Kellogg School of Management at Northwestern University, United States |
Educational Qualification | • Bachelor's degree in operation and information management [1]Kunal Bahl - LinkedIn • Bachelor's degree in engineering [2]Kunal Bahl - LinkedIn • Executive program in Marketing [3]Kunal Bahl - LinkedIn |
Controversies | • In 2015, Kunal Bahl was booked for selling prescription drugs on his website 'Snapdeal.' Jasper Infotech, which is the umbrella organization that owns Snapdeal, was raided by the Food and Drug Administration (FDA). The FDA stated in their report that there was sale of certain cough syrups and tablets that were only meant to be sold after getting a medical practitioner's approval. The FDA ordered the company to immediately delist those products and the same was accepted by the company Snapdeal. [4]NDTV • In 2017, Gaurav Dua, a businessman and engineer, filed a case against 'Snapdeal' for allegedly stealing his business idea about connecting sellers and buyers through one platform. The complainant stated that the owners of Snapdeal promised him a collaboration but instead stole his "non-inventory holding marketplace model for retail." Kunal Bahl and Rohit Bansal were booked under sections 420 (cheating), 406 (criminal breach of trust) and 120B (criminal conspiracy) of the IPC. [5]Business Today • In 2019, Kunal Bahl and Rohit Bansal were booked under section 420 of IPC in a case for selling fake and duplicate products on their website 'Snapdeal.' The complainant was a businessman and congress leader Indermohan Singh Honey from Kota, Rajasthan, who claimed to have ordered a Woodland waist belt and a wallet and in return received fake products. [6]NDTV • In 2021, Kunal Bahl and Rohit Bansal were held for allowing the sale of the drug - Suhagra-100 tablets. Amandeep Chawla, owner of M/s Adept Biocare filed a case and stated that the tablets contain Sildenafil Citrate and Snapdeal was allowing its sale online without owning a valid drug license. Kunal Bahl and Rohit Banssal were charged under Section 18(c) of the Drugs and Cosmetics Act, 1940 (‘DC Act’), which is punishable under Section 27(b)(ii) of the DC Act. [7]The Legal 500 |
Relationships & More | |
Marital Status | Married |
Affairs/Girlfriends | Kunal Bahl dated his wife for a little while before they got married. |
Marriage Date | Year 2012 |
Family | |
Wife/Spouse | Yashna Bahl (Owned a confectionary business) |
Children | Son- Aadidev Daughter- 1 (Nmae not known) |
Parents | Father- Rasiklal Meswani (Deceased) (Businessman) Mother- Nmae not known (Retired interior designer) |
Siblings | Brothers- Nikhil Bahl and Viraj Bahl (Businessman) |
Money Factor | |
Net Worth (approx.) | As of 2024; Kunal Bahl holds a fixed compensation of Rs 3.5 crore and a performance bonus of Rs 1.5 crore. [8]DNA India |
Some Lesser Known Facts About Kunal Bahl
- Kunal Bahl is an Indian businessman and investor who owns popular companies like ‘Snapdeal’ and ‘Titan Capital.’
- Kunal’s father passed away when he was just 14 years old, and Kunal’s brother Viraj is the founder and managing director of VRB Consumer (Veeba Food Services Pvt Ltd).
- When Kunal Bahl finished his studies in the United States, he got a job offer at Microsoft, and on the other hand, he also filed an application in the US embassy to get a work visa; however, the visa got rejected and Kunal Bahl had to return back to India. Kunal made a LinkedIn post in which he shared his entire experience of how he got through those days of visa rejection and also mentioned how the American investors later invested in his company in India.
- Kunal Bahl and Rohit Bansal were classmates at Delhi Public School. In 2007, both of them founded a company named ‘Jasper Infotech.’ The company was subjected to selling discount coupons to its customers, both online and offline.
- In 2009, Kunal and Rohit faced a tough time in terms of finances and paying off salaries to their employees at Jasper Infotech, which made them have no other option other than to take out money from their own personal bank accounts. After paying the salaries, both the business partners were left with less than one lakh in each of their bank accounts.
- In 2010, Kunal and Rohit launched a company named ‘Snapdeal,’ which was initially subjected to selling discount coupons for restaurants, hotels, and movie theatres to its customers. However; in 2011, both business partners took an official trip to China where they saw how successful their online marketplace ‘Alibaba.com’ was, and that’s when both of them decided to transform the working of Snapdeal and make it a marketplace.
- In 2014, Kunal Bahl was featured in the list of ET Top 50 Entrepreneurs of India, and he was also 25th on the Fortune 40 under 40 most influential business leaders list.
- In 2015, Kunal Bahl along with Rohit Bansal started a company named ‘Titan Capital,’ a capital market company that helps entrepreneurs build a wide-scale business. Kunal Bahl has invested in and made many famous brands successful, and some of the brands include Ola Cabs, Urban Company, Razorpay, Ofbusiness, and Mamaearth.
- In 2015, Kunal was assigned as an elected member of the board of governors of the Indian Council for Research on International Economic Relations.
- In 2019, Kunal Bahl was designated as a member of the Nasscom Executive Committee, which focuses on strengthening the foundations of the industry, including innovation, market access, policy advocacy, talent, and inclusion.
- Kunal Bahl serves as the independent director of Piramal Group’s flagship company named ‘Piramal Enterprises Limited.’ The company deals with financial services that include retail lending, Kunal Bahl is also the director of the capital market company named ‘Investcorp India Acquisition Corp,’ which works for the purpose of share exchange, asset acquisition, share purchase, reorganization or similar business combination.
- In 2020, Kunal was designated as the chairman of the Confederation of Indian Industry’s (CII) E-Commerce Committee, which focuses on the government’s e-commerce policy, consumer protection regulations, and the intermediary status of e-commerce platforms in the immediate future.
- In 2022, Kunal Bahl and Rohit Bansal bought into existence an umbrella company named ‘AceVector Group,’ which brings together innovation in distribution channels with the group formation of companies like Snapdeal, Unicommerce, and Stellaro Brands.
- Kunal Bahl has invested in more than 100 technological companies in different places across the globe including India, the United States, and Southeast Asia. The fields that he has invested in are consumer internet, fintech, AI, deep-tech, and direct-to-consumer brands.
- Kunal Bahl was appointed as part of the National Startup Advisory Council (NSAC) whose prime role is to advise the government on efforts needed to build a strong startup ecosystem in India.
- In October 2024, he entered the business reality television series Shark Tank India as a judge.
References/Sources: