Source: Economic Times
Published on : 12th Oct 2015
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Vani Kola co-founded early stage, technology focused venture firm Kalaari Capital in the year 2006, after successfully building and selling two companiesCertus and Rightworksin Silicon Valley.
In 2009 Kalaari Capital’s only new investment was in Snapdeal which was then an online couponing venture called Moneysaver.
Kola’s venture capital firm made the investment at post-money valuation of $4-5 million in the company, which is now valued at over $3 billion, making it one of her best investments. When it comes to India’s e-retailing sector, Kola boasts an enviable record of spotting entrepreneurs capable of building large companies.
Kola also bet on Mukesh Bansal of Myntra, which was initially a gifts and merchandise website. Myntra became an online fashion retailer and was acquired by Flipkart in 2014, giving Kalaari stake in two of India’s largest e-retailers. Her other investments are online furniture retailer UrbanLadder, mobile app developer AppsDaily, and lingerie e-retailer Zivame.