Tag: Kunal Bahl

Business World

Piramal Enterprises Appoints Anjali Bansal as Independent Director on its Board

Nov 20, 2020 by Gouri Achary 0 Comments #Anjali Bansal, #Avaana Group, #Kunal Bahl, #Piramal Enterprises Limited, #Suhail Nathani

Piramal Enterprises Limited (‘PEL’, NSE: PEL, BSE: 500302, 912460) today announced the appointment of Anjali Bansal, Founder and Chairperson, Avaana Group as Independent Director to its Board with effect from November 19, 2020. Along with the recent two appointments of Independent Directors – Kunal Bahl, CEO & Co-Founder, Snapdeal, and Suhail Nathani, Managing Partner, Economic Law Practice, Anjali Bansal’s appointment to the PEL Board is aligned to the Company’s succession planning of the Independent Directors on its Board.

The appointment of these Independent Directors are reflective of diversity, deep sectoral expertise and rich experience to ensure continued robust discourse in PEL’s Boardroom. PEL has a unique business model run by a seasoned leadership team and under the purview of a quality Board that has always stood for highest standards of ethics and governance. Aligned with the evolving business model of the Company, as well as newer areas within the businesses that the Company is venturing into, PEL remains committed to its continued focus on corporate values, governance, quality and compliance, and to create long-term value for all its stakeholders.

Anjali Bansal is the Founder and Chairperson of Avaana Group which invests in and provides scaling up support to technology and innovation companies to deliver impact at scale. A former Non-Executive Chairperson of Dena Bank, Anjali was earlier a Global Partner and Managing Director with TPG Growth Capital. Prior to TPG, she was Global Partner and India CEO with Spencer Stuart and co-led their Asia Boards practice. She started her career as a strategy consultant with McKinsey and Co. in New York. Anjali has a rich knowledge of new economy companies and has been supporting them to leverage opportunities ahead of them while overcoming the challenges in their path to success. She will bring this understanding to the PEL Board as it continues on its journey and a new phase of its growth.

Anjali serves as an Independent Non-Executive Director on several leading boards including Siemens Ltd, Tata Power, Voltas and Delhivery. She has invested in and mentored various successful start-ups including Delhivery, UrbanClap, Darwinbox, Nykaa, and Lenskart. She is a member of the Young Presidents’ Organization, Charter Member of TiE, and is associated with NITI Aayog’s Women Entrepreneurship Platform, Digital Solutions, and Atal Innovation Mission.

Business World

Kunal Bahl and Suhail Nathani Appointed Independent Directors of Piramal Enterprises

Oct 15, 2020 by Gouri Achary 0 Comments #Kunal Bahl, #Piramal Enterprises Limited, #Suhail Nathani

Piramal Enterprises Limited (‘PEL’, NSE: PEL, BSE: 500302, 912460) today announced the appointment of Kunal Bahl, CEO, Snapdeal and Suhail Nathani, Managing Partner, Economic Law Practice, as Independent Directors to its Board with effect from October 14, 2020.

Kunal Bahl, is the CEO & Co-Founder of Snapdeal.com, India’s leading, value-focused e-commerce marketplace that has raised capital from leading global investors such as Temasek, BlackRock, Mr. Ratan Tata, Softbank, Premji Invest, among others. Kunal has been the recipient of various awards including Ernst & Young Entrepreneur of the Year (start-up) (2014); Fortune Global 40 under 40 (2014); The Economic Times Entrepreneur of the Year (2015); The Joseph Wharton Award for Young Leadership (2018); The Economic Times Comeback Award (2019).

Kunal is also an active angel investor having invested in 120+ technology companies in India, US and South East Asia, across consumer internet, fintech, direct to consumer brands, AI and deep-tech. Some of his notable investments include Ola Cabs, Urban Company, Razorpay, Shadowfax, Mamaearth, among others.

Kunal has also been serving on the Board of Governors of ICRIER, a leading economic think-tank based in New Delhi, since 2015. He is a member of the Nasscom Executive Committee since 2019 and the current Chairman of the CII National E-commerce Committee. Kunal is an engineer from UPenn, with a business degree from The Wharton School, where he was a part of the prestigious Management & Technology Program.

Suhail Nathani, Managing Partner, Economic Law Practice (ELP), well-reputed for his expertise across M&A, regulatory, trade and competition laws. He has successfully represented India in WTO disputes before the Panel and Appellate Body in Geneva and was also part of the Competition Commission of India’s Working Group on Competition Policy, Advocacy and Advisory Functions.

Suhail has widely been recognised as a leading lawyer in his areas of practice and ranked in the top 30 International Trade practitioners in the world by the Best of the Best Expert Guides. He is also named in the India Business Law Journal’s A-List as India’s Top 100 Lawyers.

Suhail is an Honorary Adjunct Professor at Jindal Global Law School in India; serves on the Apex Advisory Board at Adani Institute of Infrastructure Law and on Boards of Somaiya Vidyavihar and Salaam Bombay Foundation. He also serves as a Trustee for a leading Mutual Fund in India. Apart from India, he is also admitted to the State Bar of New York. Suhail earned his Master’s Degree at Cambridge University, England and an LL.M. from Duke University, USA.