Exchanging snaps with serial entrepreneur Evan Luthra they closed the deal entirely over the messaging service, with the only email being sent between the two being the term sheet itself.
And here’s Evan Luthra’s ‘Snap’ confirming the deal:
Hanna believes that ‘Snapping’ people, including investors, is a lot less intrusive than email, while on the investor side it’s certainly an interesting way to widen your dealflow, meaning we could see an increase in deals like these in the future, implicating that the term ‘Snapdeal’ could be a word to add to your vocabulary sooner rather than later. If you weren’t already familiar with India’s largest shopping site, of course. Next up, a Tinderdeal?