Rohit Kumar Bansal: Trailblazing Entrepreneur and Visionary
Investor
Biography of Rohit Kumar Bansal:
Rohit Kumar Bansal is a seasoned entrepreneur and angel
investor known for his founding roles in various ventures. Notable among these
are Snapdeal, an online retail platform, AceVector Group, a technology-driven
retail business, and Titan Capital, a venture capital firm.
Rohit Bansal's Educational Journey
Rohit Bansal pursued his undergraduate studies at the
prestigious Indian Institute of Technology, Delhi, where he earned a Bachelor's
degree in Computer Science. Subsequently, he continued his academic journey at
the same institute, obtaining a Master's degree in Computer Science.
Educational Background of Rohit Bansal
Rohit Bansal's educational background includes a Bachelor's
degree in Computer Science from the Indian Institute of Technology, Delhi.
Following his undergraduate studies, he pursued further education at the same
institute, completing a Master's degree in Computer Science.
Rohit Bansal's Academic Achievements
Rohit Bansal is an alumnus of the Indian Institute of
Technology, Delhi, where he graduated with a Bachelor's degree in Computer
Science. He later pursued advanced studies at the same institute, earning a
Master's degree in Computer Science. These academic accomplishments laid a
strong foundation for his career as a Co-Founder at Titan Capital and Snapdeal,
where he specializes in early-stage venture investments.
Entrepreneurial Ventures
With his background from IIT Delhi, Bansal co-founded
Snapdeal, an ecommerce giant that revolutionized online shopping in India.
Additionally, he played a key role in establishing AceVector Group, which
focuses on using technology to enhance retail experiences. Moreover, Bansal
co-founded Titan Capital, a firm that provides funding and support to promising
startups.
Rohit Bansal: A Key Player in Multiple Ventures
Rohit Bansal is one of the founders of AceVector, a
significant player in the business world. He holds the position of Chief
Operating Officer at Snapdeal, another venture he co-founded. Additionally,
Bansal is a co-founder of Titan Capital and has been instrumental in its
operations. Furthermore, he played a crucial role in establishing Jasper
Innovative Marketing Solutions, where he served as the Chief Operating Officer.
Diverse Business Ventures of Rohit Bansal
Bansal's involvement in various ventures highlights his
versatility and entrepreneurial spirit. As a co-founder of AceVector, he
contributes to shaping the company's strategies and direction. At Snapdeal,
Bansal's role as Chief Operating Officer underscores his leadership skills and
operational expertise. His co-founding of Titan Capital showcases his interest
in investment opportunities and financial ventures. Similarly, his stint at
Jasper Innovative Marketing Solutions reflects his ability to innovate and
manage marketing initiatives effectively.
Rohit Bansal's Impact in the Business World
Bansal's multifaceted roles demonstrate his significant
impact on the business landscape. Through AceVector, he strives to create
innovative solutions and drive business growth. At Snapdeal, Bansal's
leadership ensures smooth operations and strategic decision-making. As a
co-founder of Titan Capital, he plays a pivotal role in identifying promising investment
avenues. Additionally, his contribution to Jasper Innovative Marketing
Solutions highlights his prowess in marketing and operational management.
Overall, Bansal's presence in various ventures underscores his influence and
expertise in the business domain.
Rohit Bansal: A Trailblazer in the Business World
Rohit Bansal has been a Co-Founder of Titan Capital since
September 2011, where he has played a pivotal role in the firm's success. Titan
Capital is renowned for its investments in over 250 companies, including
several unicorns like Mamaearth, Urban Company, Ofbusiness, Razorpay, Ola, and
Shadowfax. The firm boasts of fostering an exceptional founder ecosystem and
welcomes innovative startups seeking investment opportunities.
Empowering Retail and eCommerce with AceVector Group
Since June 2022, Rohit Bansal has been a Co-Founder of
AceVector Group, a conglomerate driving retail and eCommerce through technology
in India. AceVector Group encompasses various businesses, including Snapdeal, a
prominent value-focused eCommerce marketplace in India; Unicommerce, the
leading SaaS provider for Omnichannel and eCommerce businesses in India and
Southeast Asia; and Stellaro Brands, which specializes in building value brands
across multiple categories. Bansal's involvement underscores his commitment to
advancing the retail and eCommerce landscape in India.
Pioneering Snapdeal: A Journey of Innovation
Rohit Bansal co-founded Snapdeal in 2007, which has since grown
into one of India's largest value-focused eCommerce platforms. Alongside his
co-founder Kunal, Bansal has been instrumental in shaping Snapdeal's
trajectory, leveraging technology to provide customers with a seamless shopping
experience. With a tenure spanning over 17 years, Snapdeal continues to thrive
under Bansal's leadership, exemplifying his entrepreneurial vision and
commitment to excellence.
Advocating for Startups: FICCI Leadership
In addition to his entrepreneurial endeavors, Rohit Bansal
serves as the Chair of the FICCI Committee for Startups since December 2022.
This part-time role reflects his dedication to supporting and advocating for
startups within the Indian business ecosystem. Through his position at FICCI,
Bansal contributes to shaping policies and initiatives that foster innovation
and entrepreneurship, further solidifying his impact in the startup community.
Impact and Innovation
Through his ventures, Bansal has demonstrated a knack for
identifying and capitalizing on emerging opportunities in the market. His
ventures have been instrumental in driving innovation and growth across various
sectors, making a significant impact on the entrepreneurial landscape.
Rohit Kumar Bansal: Trailblazing Entrepreneur and Visionary Investor / Biography of Rohit Kumar Bansal: / Investor Rohit Kumar Bansal:
Continued Contribution
Today, Bansal continues to play an active role in the
startup ecosystem, supporting and mentoring budding entrepreneurs. His
experience and expertise make him a valuable asset to the entrepreneurial
community, shaping the future of innovation and investment.
Investing in Growth:
Rohit Bansal, co-founder of Snapdeal and Titan Capital, has
a cool story about Beardo, a male grooming company Titan invested in. They used
to joke about cricketer Virat Kohli's beard back in the early days of Beardo.
They even prayed that Kohli wouldn't shave it off! But Beardo survived, just
like Titan Capital's diverse portfolio, which includes big names like Ola Cabs,
Urban Company, and Mamaearth.
Rohit Bansal Investments:
Rohit Bansal has participated in 212 investment rounds. His
most recent investment was in Showroom (Seed Round) on Oct 09, 2023. Notable
companies in his investment portfolio include Razorpay, Shadowfax, and Ola. His
investments primarily focus on Enterprise Applications, Retail, and 29 other
sectors. The companies he has invested in are located in India, United States,
and 1 more undisclosed location.
A Journey of Mentorship:
Bansal and Kunal Bahl, his Snapdeal co-founder, started
Titan Capital to support new entrepreneurs. They didn't just write checks; they
mentored and supported startups, just like others had supported them. They
believed in giving back and helping others succeed, which led to the growth of
their investment portfolio.
Picking Winners:
Bansal explains how they choose which companies to invest
in. They like businesses that can make money right away, not in a few years.
They also look for exceptional founders who have a track record of success. And
they prefer products that stand out, even if they're targeting a small market.
It's all about finding potential and nurturing it.
From Small Town to Big Dreams:
Bansal's journey started in a small town in Punjab, where
ambition wasn't common. But with his parents' support, he excelled in school
and eventually found himself at Delhi Public School. There, he met Kunal Bahl,
and their friendship blossomed into a successful business partnership. Despite
their different backgrounds, they shared a passion for entrepreneurship.
The Power of Friendship:
Bansal's friendship with Bahl goes beyond business. They've
been through a lot together, including converting Bansal into a non-vegetarian!
Their bond is a reminder that success is sweeter when shared with friends. It's
not just about making money; it's about the journey and the people you meet along
the way.
Recognized Excellence:
Bansal's contributions have not gone unnoticed. He has been
honored with prestigious awards such as the Economic Times "40 Under
Forty," Ernst & Young Entrepreneur of the Year in the Startup
category, and recognition in Fortune Magazine's "40 under 40" list.
These accolades underscore his significant impact on the entrepreneurial
landscape in India.
Some companies where Rohit Bansal invested
- VOLT - Financial Software
- Sorted - Business/Productivity Software
- Stable Money - Financial Software
- Ripik.AI - Business/Productivity Software
- Riyalto - Business/Productivity Software
- Powerplay - Business/Productivity Software
- TyrePlex - Media and Information Services (B2B)
- Slick - Social/Platform Software
- Crunch - Business/Productivity Software
- Flint - Financial Services
- Mamaearth – natural Skin, Hair, Body, Baby and Makeup products
- Mojocare – digital-first judgement-free wellness platfor
- Bewakoof – Online Shopping Site f
- Indus Appstore – Appstore
- ANS Commerce – e-commerce services provider
- Flyrobe - consumer services sector
Timeline:
- 2007: Rohit Bansal co-founds Snapdeal, a transformative online retail platform.
- 2011: Bansal becomes a Co-Founder of Titan Capital, a venture capital firm investing in over 250 companies.
- 2012: Bansal establishes AceVector Group, focusing on technology-driven retail businesses.
- 2013: Bansal participates in 212 investment rounds, supporting companies like Razorpay and Ola.
- 2022: Bansal co-founds AceVector Group, comprising Snapdeal, Unicommerce, and Stellaro Brands, driving retail and eCommerce through technology in India.
- 2023: Bansal's most recent investment is in Showroom during the Seed Round.
