What's Snapdeal founders' total payout?; Paytm raises $1.4 bn from SoftBank; Zomato hacked; Kalaari's Vani Kola quits Snapdeal board

[] SATURDAY, 20 May, 2017 [twitter]( [linkedin]( [facebook]( [you tube]( [VCCircle]( [techcircle] [How much will founders Bahl and Bansal reap from Snapdeal in all?]( Much has been written about the impending sale of troubled e-commerce firm Snapdeal to bigger rival Flipkart and how, after a precipitous fall... FUNDING [Exclusive: Health food startup HealthSutra raises pre-Series A round]( [KStart Capital backs chatbot startup for enterprises Vernacular.ai]( [Ideaspring Capital invests $500K in workflow management startup Zapty]( [Hyperlocal delivery startup Genie raises $250K, to resume operations]( [Fashion portal Fynd raises $500K from Silicon Valley-based Rocketship]( [Fin-tech startup Telr raises $3 mn in Series B round]( [Lending startup Paysense bags $5.3 mn from Jungle Ventures, others]( [Consumer lending startup EzCred bags $1 mn seed funding]( UNICORNS [Kalaari Capital's Vani Kola steps down from Snapdeal board]( [Snapdeal's legal head quits amid merger talks with Flipkart]( [Seller group moves Centre to stop Snapdeal-Flipkart merger over unsettled dues]( [How an Indian-origin CEO pulled off the Improbable and broke into UK's unicorn club]( [Amazon injects $10.5 mn into India payment arm]( [Paytm Payments Bank to start operations next week]( [Paytm raises $1.4 bn from SoftBank; valuation jumps]( [Ola looks to conquer small cities with lightweight, app-like mobile site]( [Zomato database hacked, 17 mn user records stolen]( [Wary of investors taking control, Ola founders secure their place at the wheel]( [Flipkart, Paytm, Ola among India's top employers: LinkedIn study]( [Snapdeal claims it has no outstanding dues, sellers refute]( [Is former Paytm executive Rajan Gupta really Unicon Baba?]( VIEWS [Should you pass up that 'risky' startup job for the safety of an MNC?: T Muralidharan, founder and chairman, TMI Group]( [Xiaomi to back startups that enhance mobile experience, says India head Manu Jain]( VIDEOS [Can cybersecurity startups fight growing threats to digital security?]( [Is Uber racing ahead of Ola?]( [Did Bahl and Bansal earn a fortune from Snapdeal?]( OTHER STORIES [Matrix-backed Mswipe acquires PayU's offline merchant PoS unit]( [SoftBank trashes charges of execs getting kickbacks for early India bets]( [Byju's may acquire TutorVista's division from Pearson]( [India's digital spend small but opportunity huge: Panellists at VCCircle event]( [Dealmakers aplenty, SoftBank's Son looks for wonks]( [Uber rival Lyft, Google's Waymo sign deal for self-driving car pilots]( [UberEATS, Zomato in race to acquire delivery startup Runnr]( [Founders divided over job-creation target to qualify for Startup India]( [Digital here to stay despite remonetisation, say panellists at VCCircle event]( [This startup ensures you don't have to queue up for tedious fee payments]( [Pitney Bowes invites startups for summer batch of accelerator programme]( [Student networking firm AlmaMapper buys recruitment startup VibrantMinds]( [Creating bandwidth key for transition to digital payments, say panellists at VCCircle event]( [Eight in 10 VCs feel lack of innovation nemesis of Indian startups: Study]( [Exclusive: Food-tech startup Eatonomist shuts down, founder joins UberEATS]( [Made-in-India iPhones likely to hit stores this month]( [Mobile wallets losing momentum, UPI soars six months after note ban]( ALSO FROM VCCIRCLE [Exclusive: Cocoon Ventures backs agri startup in first known India bet]( [Nikhil Vora harvests 75-fold gain from Paytm stake sale]( [Bain Capital Ventures to start funding angel investors]( [vccircle]( Mosaic Media Ventures Pvt. Ltd. A - 83, Ground Floor, Sector - 2 Noida - 201301, India Tel: 0120-4171111, Email: subscription@vccircle.com Mosaic Media Ventures Pvt Ltd, A-83, Sector -2, Noida, 201301 India [SafeUnsubscribe™ {EMAIL}]( [Forward email]( | [Update Profile]( | [About our service provider]( Sent by newsletter@vccircle.com in collaboration with [Constant Contact]( [Try it free today](