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Snapping the Deal

It all seems to have started with Snapdeal's Kunal Bahl and Mr Ratan Tata (in Aug 2014)

     Source: NBW

And then Paytm/One97's Vijay Shekhar Sharma took it international with Alibaba's Jack Ma (Feb 2015)

     Source: FirstPost

According to Economic Times, the latest $500 million investment in Snapdeal (led by Foxconn, Alibaba and SoftBank ) - which has been reported about for several months now - faced "protracted negotiations" over the company's valuation. Another angle journalists might want to consider (for such delays) is how long it takes to synch up schedules of international personalities (who seem to call all the shots in Indian E/M-Commerce these days) to line up something like this:

     Snapdeal founders with Alibaba's Jack Ma and SoftBank's Nikesh Arora

The Venture Intelligence PE/VC Deals Database currently captures 25+ data points for  private company transactions - with valuation multiples enjoying pride of place. Going by the trend of deals getting linked to photo ops, looks like we now need to add a new multi-media field as well - titled (what else?): Deal Snap!

PS: Which Indian Entrepreneur is going to be the first to Deal Snap with the man who started it all for Indian E- & M-Commerce funding: Lee Fixel of Tiger Global?

PPS: Other Key Deal Snaps (via Google Images):

Paytm's Vijay Shekhar Sharma with Tata

Ola's Bhavish Agarwal with  Tata

Venture Intelligence is the leading provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India. Click Here to Sign Up for the FREE Weekly Edition of the Deal Digest: India's First & Most Exhaustive Transactions Newsletter.

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