India: Vani Kola quits Snapdeal board amid sale talks with Flipkart

India: Vani Kola quits Snapdeal board amid sale talks with Flipkart

Vani Kola, managing director at Kalaari Capital. The firm’s e-commerce bets balance out misses like Ola or TaxiForSure. Photo: Jagadeesh N.V./Mint

In a widely expected move, Kalaari Capital managing director (MD) Vani Kola has resigned from the board of beleaguered online marketplace Snapdeal, amid talks to sell the company to larger rival Flipkart.

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