Mumbai Capital

Now, Anand Chandrasekaran quits Snapdeal

Mr. Chandrasekaran’s exit comes at a time when Snapdeal and Flipkart are battling against U.S.-based Amazon for market share.— File Photo  

A year after he joined Snapdeal, Chief Product Officer Anand Chandrasekaran has put in his papers; he leaves to start his own venture.

Mr Chandrasekaran’s is the latest of a series of recent high-profile exits of Silicon Valley talent from Indian ‘unicorns’ (private firms valued over $1 billion): Only a month ago, Punit Soni, another high-profile hire from the Valley, quit rival Flipkart with similar plans.

The exits come at a critical time, when Snapdeal and Flipkart are battling against U.S.-based Amazon for market share.

Snapdeal’s co-founder Rohit Bansal announced the news of Chandrasekaran’s exit on Twitter on Tuesday. “Thanks for the support. We did in one what would take three years anywhere. Incredible passion @Snapdeal. Best still to come. Farewell, keep rocking!” Mr. Bansal said in his tweet.

In an official statement, the company said, “Anand has done some stellar work on the product side at Snapdeal. His insights and attention to detail have helped us traverse quickly towards launching and improving products at Snapdeal. We wish Anand the very best for his entrepreneurial journey ahead,” .

Mr. Chandrasekaran was the Chief Product Officer at Airtel before he joined Snapdeal in June 2015.

Before that, he was with Yahoo, where he held roles of Senior Director for Mobile. Prior to Yahoo, he was Director of Product at Openwave.

A growing number of Silicon Valley talent have recently quit Indian startups. Two of Zomato’s successive product heads — Tanmay Saksena and Namita Gupta — hired from the Valley, had quit last year.

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Printable version | Apr 17, 2021 9:20:26 PM | https://www.thehindu.com/news/cities/mumbai/business/now-anand-chandrasekaran-quits-snapdeal/article8643470.ece

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