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After break up with Snapdeal, GC Ashish Chandra joins tinder-like oFish [Update- I] as investor

Snapdeal GC Ashish Chandra leaves, is currently on a break
Snapdeal GC Ashish Chandra leaves, is currently on a break

Former Snapdeal general counsel Ashish Chandra joined "social connection" app oFish as an investor, less than a month after Snapdeal and Flipkart signed a non-binding letter of intent for a proposed merger.

Delhi University 2001 alumnus Chandra has a diploma in cyber laws from ILI Delhi and a diploma in IPR laws from NLSIU Bangalore after which he worked in house in the legal team of the NCR Corporation, as chief legal officer at Godrej' Geometric Software, in house at eBay, as assistant vice president at Star India and as vice president and legal head at Reliance Industries before joining Snapdeal as its general counsel in October 2014.

He left Snapdeal in April 2017 and got involved with oFish in May 2017 according to his Linkedin profile which describes oFish as "a unique app with patent pending algorithm that connects people with similar personalities through a unique combination of spiritual, personal and digital intelligence".

Correction [20:04]: Chandra told us that oFish is the venture of Chandra's wife and he has invested in it, and not joined as general counsel. Chandra is yet to join anywhere as a lawyer. He has helped oFish file a patent application for its algorithm.

Currently Snapdeal is without a legal head.

Snapdeal, which has been looking for buyers since late last year after escalating competition from Flipkart and Amazon, had crossed a milestone in February when its valuation was $6.5bn. As of today, the Snapdeal founder-duo is pushing for a merger with Infibeam at the offered price of $700m, while Snapdeal's biggest investor SoftBank is pushing for its merger with Flipkart for an offer price of $850m, as reported by Inc42.

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