News > Snapdeal co-founders to take home Rs 5 cr each in salary in 2021

Snapdeal co-founders to take home Rs 5 cr each in salary in 2021

Business Standard | 22/12/2021 09:08 PM | Click to read full article

E-commerce platform Snapdeal which has become quite popular in small-town India, spent nearly Rs 161 crore on employee benefits in the fiscal year 2021, reveal its IPO draft papers.

Its co-founder and CEO Kunal Bahl (appointed as executive director) was set to get a fixed compensation of Rs 3.5 crore, along with a performance bonus of Rs 1.5 crore.