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SoftBank's Lydia Jett joins Snapdeal board

SoftBank is the largest stakeholder in Snapdeal, which saw a major drop in its valuation recently

Snapdeal
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Snapdeal

Karan Choudhury New Delhi
At a time when Tokyo-based telecom and investment major SoftBank is finding it tough to convince fellow investors to sell off Gurgaon based online marketplace company Snapdeal, SoftBank Group Corp's Lydia Bly Jett has joined the board of Jasper Infotech.
SoftBank, which invested around $900 million in Snapdeal and is the major stakeholder in the company, as well as digital payments platform Freecharge has sent Jett as an additional director.
According to company documents sourced from Tofler, SoftBank Group's chief operating officer Jonathan Bullock resigned from the board in February 2017 followed by the appointment of managing partner Kabir Misra on 10

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