Snapdeal.com one of the leading e-commerce portal has announced the appointment of Abhishek Kumar as the ‘Head Corporate Development’. At Snapdeal he will be responsible for looking after acquisitions, investments and deep partnerships that can lead to mergers for the e-commerce giant. Moreover, he will also work towards developing the strategies for the expansion of the company. An MBA from ISB Hyderabad he brings along 15 years of industry experience with him.
Commenting on starting his new journey, Abhishek Kumar said, “I feel fortunate to be a part of the young, energetic and dynamic team at Snapdeal. Snapdeal is a remarkable example of a successful home-grown e commerce brand in India. I am extremely thrilled and excited to be a part of this company and contribute to its development going forward.”
On the other hand, Kunal Bahl, Co-founder and CEO, Snapdeal.com said, “This is a very exciting phase for the e-commerce industry and we are seeing tremendous opportunities of discontinuous growth in the market. We recognize that no company can do everything well by itself, and hence we would look forward to working closely with the burgeoning ecosystem of entrepreneurs and venture capitalists in India to build deep partnerships. Abhishek with his rich & diverse experience in venture capital and business management brings the necessary skills to take Snapdeal into newer orbits of success through strategic partnerships.”
Prior to joining Snapdeal.com he has been associated with Palaash Ventures as the Head investments. There he looked after the capital investments related to consumer internet, SaaS, Ad-tech, hardware and e-commerce enablers. He has also been associated with TV18 Broadcast Ltd.