Kabir Misra, one of the corporate's two representatives on Snapdeal's board of directors since early 2017, is stepping down.
Kabir Misra, managing partner of SoftBank Capital, a corporate venturing subsidiary of telecommunications group SoftBank, has left Indian e-commerce marketplace Snapdeal’s board of directors, the Business Standard has reported.
SoftBank first invested in Snapdeal as part of a $500m funding round in 2015, and held a 33% stake and two of the company’s board seats as of April 2017, by which time it had provided $900m of the $1.7bn in venture capital it had raised.
The corporate attempted to leverage…
