At two of India’s iconic Internet start-ups, Flipkart and Snapdeal, the founders are fighting hard to keep control of their companies or striving to come back in more prominent roles after a period in which two powerful investors, Tiger Global Management Llc. and SoftBank Group Corp., called the shots at these companies. At another large start-up Ola, the founders have secured stronger rights against SoftBank to protect themselves against potentially hostile action by the largest shareholder in the cab-hailing firm.
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