‘My Interests Aligned with Shareholders’
Reacting to the Bloomberg story, Nikesh Arora said the investment hehadmadeinSoftBank’sstockhad demonstrated his commitment to the company. “By all accounts, my interest is aligned to the shareholdersconsideringIamthesecondlargest individual shareholder.”
Ku n a l Ba h l , c o - fou nder o f Snapdeal in which SoftBank has invested, praised Arora’s role in his company’s success.
Bahl said, “Nikesh adds tremendous value to Snapdeal since his style is to contribute constructively and provide ongoing encouragement and inspiration to entrepreneurs he backs. He has been a key contributor to our company’s successful journey till now and we continue to look towards him for guidance and support. Any entrepreneur or company in the world would be fortunate to have Nikesh as an investor.”