Snapdeal founder Kunal Bahl’s 5-year-old daughter has inherited the entrepreneurial spirit from her father.
During the weekend, the 38-year-old shared a glimpse of the conversation with his toddler daughter – where she enquired about her innovative business plan.
The conversation posted on Twitter showed that Bahl’s daughter posed a series of questions about ‘X’ & ‘Y’ aunties and if they charge money for cakes and cheese platters. After enquiring, she innocently asks Bahl, “Papa, why don’t we also make something and charge people money for it?”
On probing what that ‘something’ could be, the toddler answered, “Makhana (fox nut) Cake.” She further tried to sell the idea to her the puzzled father that these fox nut cakes are a great idea as they will be ‘healthy and tasty’.
The candid business discussion between the father-daughter duo received a lot of love and appreciation on the micro-blogging site.
NASSCOM President Debjani Ghosh also replied to the tweet, and said she likes how the young entrepreneur thinks.
The entrepreneur started his e-commerce company in February 2010 with his school friend Rohit Bansal at a young age of 28.
In September 2019, Bahl, along with his Bansal, turned investor through their VC firm Titan Capital.
With names like Bira 91, Mamaearth, Ola, Razorpay & Urban Clap, the VC backs over 150 companies in India and the US.
Ritesh Agarwal, Sachin Bansal, And Other Entrepreneurs Who Turned Angel Investors
Wearing Two Hats
OYO founder Ritesh Agarwal (L) recently launched an early-stage VC fund, Aroa Ventures, to invest in growth-stage businesses in the consumer, technology and leisure infrastructure sectors. Gaurav Gulati, previously COO at co-working firm Innov8, will head the Singapore-based venture.
Agarwal is not the first entrepreneur to float a separate holding entity to invest in startups. Here are a few other entrepreneurs who turned angel investors.
Sachin Bansal
Following his exit from Flipkart, co-founder Sachin Bansal started Navi Technologies with his IIT Delhi batchmate Ankit Agarwal in May 2018 to focus on businesses in the banking, financial services and insurance space. Navi has been making strategic investments in several financial sector firms in the last few months. In 2019, they invested over Rs 700 crore into an NBFC Chaitanya Rural Intermediation Developmental Services and earlier this year, they bought DHFL General Insurance to enter into the general insurance space.
In his personal capacity, Bansal has also backed several tech startups across sectors such as ride-hailing service provider Ola where he invested close to $100 million.
Vijay Shekhar Sharma
Last month, the Paytm CEO set up two new entities – VSS Investco and VSS Holdings – to invest directly in startups, stocks and bonds. Sharma is said to have put Rs 8.5 crore into VSS Investco and Rs 54 lakh into VSS Holdings. In the past, the Paytm founder has invested in startups such as Milaap, Applied Life, Unacademy, and Innov8. He is also one of the investors in Arkam Ventures.
Binny Bansal
Soon after his exit, Flipkart co-founder Binny Bansal started xto10x Technologies with fellow Flipkart colleague Saikiran Krishnamurthy. xto10x helps early-stage startups build capabilities in strategy, finance, and human resource management, among others.
An active investor in the startup ecosystem, Bansal has made more than 30 angel investments. Mobikon, Rupeek, Acko General Insurance, Spotdraft, Niramai and Sigtuple are some of the startups he’s invested in.
Kunal Bahl & Rohit Bansal
In September 2019, Snapdeal co-founders Kunal Bahl (R) and Rohit Bansal (L) also turned to angel investing through their VC firm Titan Capital. A few weeks ago, Leap.Club, a private professional network for women, said they had raised an undisclosed amount fo funding from Titan Capital.
