News Business Snapdeal appoints Jason Kothari as CEO FreeCharge

Snapdeal appoints Jason Kothari as CEO FreeCharge

Kothari, who has previously served as CEO of Softbank-backed online real estate company Housing.com, will continue as Chief Strategy & Investment Officer at Snapdeal in addition to his role of CEO, FreeCharge

Jason Kothari has previously served as CEO of Housing.com Jason Kothari has previously served as CEO of Housing.com

India’s leading e-commerce firm Snapdeal today announced the appointment of Jason Kothari as the Chief Executive Officer of FreeCharge, its digital payments platform. The development comes barely a month after former company CEO Govind Rajan’s departure.

Kothari, who has previously served as CEO of Softbank-backed online real estate company Housing.com, will continue as Chief Strategy & Investment Officer at Snapdeal in addition to his role of CEO, FreeCharge, a company statement said.

He will also join the board of Directors of FreeCharge.

“Kothari is a strong, strategic and versatile business leader & entrepreneur who has already been the CEO of two successful companies. We are delighted to announce his leadership role at FreeCharge," Kunal Bahl, Co-founder & CEO, Snapdeal, said.

Prior to his stint at Housing.com, Kothari served as CEO & Vice Chairman of character-based entertainment company Valiant Entertainment.

Snapdeal has committed to invest an additional $20 million (around Rs 130 crore) in the company. However, the e-commerce firm, which has been seeking external investments for its digital payments platform for around a year and a half now, is yet to find strategic or financial investors to back it. 

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