Snapdeal co-founders Kunal Bahl, Rohit Bansal to take home Rs 5 crore each in salary in 2021
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.
![Snapdeal co-founders Kunal Bahl, Rohit Bansal to take home Rs 5 crore each in salary in 2021 Snapdeal co-founders Kunal Bahl, Rohit Bansal to take home Rs 5 crore each in salary in 2021](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_850x478/public/2021/12/22/170294-untitled-design-2021-12-22t183043795.jpg?itok=JRan_v-c&c=c5af8c0f92ccc8e249257bf0f1cb18e8)
Bahl is entitled to receive such remuneration for a three-year period, starting April 1, 2021 till March 31, 2024. Pic: Reuters