Utilize the input text as a context reference, choose the right relationship between Snapdeal and Kunal Bahl from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

In March, Snapdeal Chief Executive Kunal Bahl said his company was not looking to raise money immediately and was well capitalised for the next couple of years.

Answer: founded_by