Kalaari Capital News
"Ten years ago, I believed in Kunal and Rohit's vision to create a successful company in India and was excited to be their very first investor," Glass wrote in an email.
Wipro's family office has objected to special payments to two of its co-founders Kunal Bahl and Rohit Bansal and two early investors
E-commerce major Snapdeal will shell out an average pay hike of 12-15% as it looks to assure employees amid the online marketplace scouting for a potential buyer.
SoftBank is the largest shareholder in Snapdeal.
Ratan Tata said the last five months had forced him into the older mould, but that he longed to be back among the startup community
Tata, who served as chairman of Tata Sons for over two decades until his retirement in 2012, has also joined some venture capital funds as advisor, including Kalaari Capital and Jungle Ventures in the past year.
Urban Ladder was launched in July 2012 by IIT and IIM graduates Ashish Goel and Rajeev Srivatsa and provides furniture solutions in seven Indian cities.
Venture capital firm Kalaari Capital today said it has closed a $150 million fund, which will be invested in areas like software products and services, e-commerce, mobile and telecom services, education and healthcare.