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Snapdeal: Anup Vikal, CFO resigns

Start-Up Hits: 2707
Snapdeal: Anup Vikal, CFO resigns
Start-Up Hits: 2707

03 June 2022, Mumbai:

AnupVikal, Chief Financial Officer and General Counsel, JaserInfotech, which owns and operates online marketplace Snapdeal, has resigned from his position in the company as a proposed acquisition by rival Flipkart collapsed.

Vikal joined Snapdeal in October 2015 from Aircel, where he also led the telecom operator's finance operations.

RELEVANT NEWS  Snapdeal will offer RuPay cards in collaboration with BoB Financial and NPCI

He may join Essar Oil, which was acquired for a massive $12.9 billion by Russian energy behemoth Rosneft, global commodity trading and logistics giant Trafigura, and United Capital Partners in 2016, as its new CFO.

Prior to joining Aircel, Vikal was the group CFO and head of IT and strategy at InterGlobe Enterprises, which owns and operates the country's leading airline IndiGo.

ALSO READ  Clear focus on value segment helps Snapdeal grow

Vikal's departure is the latest in a list of about a dozen Snapdeal senior executives that have either, already resigned, or are currently in exit mode. These include Pradeep Desai, Vice-President - Product, VirajChatterjee, VP - Engineering, Gaurav Gupta, Head - IT, and Srinivas Murthy, Vice President-Marketing.

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