Snapdeal co-founders, Kunal Bahl and Rohit Bansal, recently exited Urban Company with a 200x return on their decade-old seed investment of Rs 57 lakh in 2015, which is now valued at Rs 111 crore.
Urban Company will use all proceeds to support the next generation of founders, as stated by Titan Capital. The Snapdeal co-founders have made angel investments in over 200 startups through Titan Capital.
The company's recent investments include 91 Trucks, Boba Bhai, and Simplismart, Ola Cabs, RazorPay, and Giva Jewelry. The company has invested across 20 sectors such as fintech, B2B services, and consumer tech.
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