Bahl has pivoted his company's business model a number of times before finally getting it right and has made strategic acquisitions (Shopo.in and eSportsBuy) whenever the opportunity presented itself. Bahl was a fresh MBA from Wharton when he started Jasper Infotech Pvt Ltd in 2007 with a seed amount of Rs 40 lakh. After tweaking the business about half a dozen times, he finally struck gold with the marketplace model for Snapdeal.comâ€“and the rest is history (credit jose). He has now set an ambitious target of achieving $1 billion in gross merchandising volume (GMV) by 2015. As an angel investor, Bahl has invested in several startups, including Delhi-based online chat platform Zumbl.Investments: Zumbl.com and Olacabs.
26 Jul, 2013