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Tag: Rohit Bansal

  • Rohit Bansal exits TV18 board of directors

    Rohit Bansal exits TV18 board of directors

    MUMBAI: Rohit Bansal, one of the board of directors from the TV18 Broadcast Ltd has expressed his inability to continue with the company due to other commitments with effect from 1 May 2016. Bansal along with founder Raghav Bahl and others was appointed on board as an additional non-executive director on 14 January 2015.

    Bansal was the managing director at India TV and has also been a part of The Times Of India as a senior business correspondent. Prior to that, he worked with Zee News as business editor. He has also worked at TV18 as special correspondent earlier, and has been a columnist at The Pioneer, Governance Now, DNA and IANS.

    Reliance Industries Ltd (RIL), which controls Network18 Media and Investments Ltd also has ownership on channels like CNBC-TV18, CNN-News18, IBN7 and websites like Moneycontrol.com,  firstpost.com, etc. 

  • Snapdeal appoints former HUL brand director Kanika Kalra as VP marketing

    Snapdeal appoints former HUL brand director Kanika Kalra as VP marketing

    MUMBAI Snapdeal appointed Kanika Kalra as vice president – marketing. A seasoned global marketing professional with a career spanning over 12 years, Kanika joins Snapdeal after several triumphant stints at Hindustan Unilever limited, Pepsico and GlaxoSmithKline Consumer Healthcare Limited.

    At Snapdeal, Kanika will be focused on making the business more customer-centric and ensuring creativity and impact in all communication.

    Welcoming Kanika, Snapdeal co founder Rohit Bansal  said, “We are thrilled to welcome Kanika. She comes with a vast and distinguished experience in brand marketing. As we look at defining more innovative solutions for our customers, I am sure she will add tremendous value and further fuel our growth”.

    Speaking about her appointment,  Kalra said, “As ecommerce continues to revolutionize the Indian economy, I am confident that Snapdeal is poised to play an even bigger and more impactful role in the coming years. I am excited to be a part of Snapdeal’s journey and to shepherd the company’s growth as the country’s most preferred retail brand.”

    During her eight year stint as the Global Brand Director for Hindustan Unilever Limited, she spearheaded key innovations in the skincare category. Prior to that she was a part of the brand marketing teams at Pepsico and GlaxoSmithKline Consumer Healthcare Limited.

    Kanika holds a Post Graduate degree in Marketing from IIM, Lucknow and a Bachelor’s degree in Mathematics from Delhi University.

  • Snapdeal appoints former HUL brand director Kanika Kalra as VP marketing

    Snapdeal appoints former HUL brand director Kanika Kalra as VP marketing

    MUMBAI Snapdeal appointed Kanika Kalra as vice president – marketing. A seasoned global marketing professional with a career spanning over 12 years, Kanika joins Snapdeal after several triumphant stints at Hindustan Unilever limited, Pepsico and GlaxoSmithKline Consumer Healthcare Limited.

    At Snapdeal, Kanika will be focused on making the business more customer-centric and ensuring creativity and impact in all communication.

    Welcoming Kanika, Snapdeal co founder Rohit Bansal  said, “We are thrilled to welcome Kanika. She comes with a vast and distinguished experience in brand marketing. As we look at defining more innovative solutions for our customers, I am sure she will add tremendous value and further fuel our growth”.

    Speaking about her appointment,  Kalra said, “As ecommerce continues to revolutionize the Indian economy, I am confident that Snapdeal is poised to play an even bigger and more impactful role in the coming years. I am excited to be a part of Snapdeal’s journey and to shepherd the company’s growth as the country’s most preferred retail brand.”

    During her eight year stint as the Global Brand Director for Hindustan Unilever Limited, she spearheaded key innovations in the skincare category. Prior to that she was a part of the brand marketing teams at Pepsico and GlaxoSmithKline Consumer Healthcare Limited.

    Kanika holds a Post Graduate degree in Marketing from IIM, Lucknow and a Bachelor’s degree in Mathematics from Delhi University.

  • Snapdeal to invest $300 million in SCM, names Hardeep Singh as head infrastructure

    Snapdeal to invest $300 million in SCM, names Hardeep Singh as head infrastructure

    MUMBAI: Snapdeal is planning to invest $300 million this year to strengthen its Supply Chain Management (SCM), which is a key function of any e-commerce company. Additionally, the company has strengthened its SCM team with the appointment of Hardeep Singh as head – infrastructure.

     

    In his new role, he will help craft strategies for making Snapdeal’s Supply Chain systems future ready. This includes the entire gamut of network design, infrastructure and special projects.

     

    Singh comes with over 21 years of experience in various aspects of supply chain operations including – planning, warehouse management, driving process excellence, supply chain technology integration, end-to-end solutions design and implementation. Prior to his appointment at Snapdeal, he was at Bharti Retail as head – supply chain and infrastructure. During his stint at Bharti Retail and Bharti Walmart, Singh was responsible for driving the best-in-class strategies covering Supply Chain, IT and Real Estate.

     

    Previously, he was the CEO at Inlogistics, the first private container train operator to run on Indian Railways network. In his two decades long career, Singh has also worked with organisations like Hindustan Unilever, Asian Paints and Madura Fashion & Lifestyle.

     

    Snapdeal entered into a strategic partnership with Gojavas earlier this year. In order to further customer experience on the platform, the companies together launched innovative delivery services like four hour delivery, card-on-delivery and 90 minutes reverse pickups. Snapdeal’s flagship service, Snapdeal Plus has seen success since its launch a year ago. Currently, 60 per cent of the orders are Snapdeal Plus fulfilled up from seven per cent in January 2015. The SCM team at Snapdeal is 1000+ people strong and has grown five times since December 2014.

     

    Singh said, “Snapdeal has been consistently focused on delivering a superlative customer experience and the progress that the company has made in this regard is unprecedented. It is exciting to see a young company like Snapdeal launch innovative supply chain solutions and set new benchmarks in this space. I look forward to working with the dynamic team at Snapdeal.”

     

    Snapdeal co-founder Rohit Bansal added, “Supply Chain Management and Logistics form the back bone of the ecommerce industry. Our aim is to create a delightful experience for our customers and as the customers evolve, we need to constantly innovate and develop newer solutions to service them better. Hardeep comes with many, many years of rich experience in diverse and complex aspects of SCM. He will help us lay out the road map for our future supply chain management systems.”

  • Shadowfax bags $300k funding from Snapdeal founders & others

    Shadowfax bags $300k funding from Snapdeal founders & others

    MUMBAI: In view of the booming e-commerce industry, the Gurgaon-based tech-enabled logistics startup Shadowfax has raised funds of $300,000 from multiple investors.

     

    Merely within four months since inception, the hyperlocal merchant delivery services company received the investment in an angel round led by established Indian entrepreneurs such as Snapdeal founders Kunal Bahl and Rohit Bansal, Powai Lake Ventures’ Zishaan Hayath and Limeroad’s Prashant Malik.

     

    The reason they are betting big on the venture lies in the difference in approach, according to Shadowfax co-founder and CEO Abhishek Bansal. “We believe that improving the existing state of last mile delivery and hyperlocal logistics would enable all future business growth. At Shadowfax, we are looking to build India’s most formidable, credible and fastest merchant delivery service. To achieve our aim, we have invested in strengthening our people on-boarding & training with tech-enabled solutions that help us provide 100 per cent service assurance,” he said.

     

    Shadowfax has invested in robust and reliable technology that uses multiple modes of communication in order to provide relevant solutions in the Indian context. It employs integrated GPS tracking functions and automated algorithms in its product to improve the efficiency of the network. 

     

    Shadowfax CTO and co-founder Vaibhav Khandelwal elaborated, “We have incorporated several features that leverage our proprietary end-to-end capacity planning algorithm to put the merchant directly in touch with the rider, geo-location for tracking orders, rider route planning, order coupling etc. that will help us become most efficient delivery company. Our advanced technology around restaurant preparation time ensures riders pick up meals only after they are ready and use the shortest route to navigate their way to their destination. We are single-mindedly focused towards building a highly reliable and smart network that guarantees seamless and accurate delivery which will help us lead this space.”

     

    Facts and figures support Shadowfax’s exponential growth within a short span of time. Since its launch in May 2015, Shadowfax today has an average delivery volume processing of approximately 3000 orders a day and 120-150 outlets that are currently utilising its service for last mile delivery in the Delhi-NCR region. Its service levels have made the company the vendor of choice with the merchants. The growth of the company has been driven through referrals.

     

    “We’re growing very rapidly. We have already created a niche for our services in Delhi-NCR and are looking to strengthen our present team of 35+ employees and 350+ riders and expand into 10 more cities within the next one year. With the recent investment, technology maturity and endorsement from our partners we are well poised to achieve that goal,” says Abhishek.

     

    The company further aims to take its services beyond food delivery and expand its efficient logistical infrastructure to multiple other categories. Angel investor Hayath added, “Abhishek and Vaibhav are focused on using technology as the core to build a strong merchant delivery network. This is a large problem with high fragmentation and the founders are obsessed with skill, efficiency and speed. This gives me the confidence that Shadowfax will grow into a very valuable company.”

     

    Moreover, Shadowfax has a strategic tie-up with NSDC’s training partners to enhance skills of riders and provide customized training that focused on continuous improvement. “With our superior training infrastructure and pioneering approach towards the delivery management sector, we will make the delivery industry an aspirational avenue for the youth of the country. We have opted for a partial crowd-sourced model, where anyone who wishes to be a rider can join our rider pool. However, every rider is imparted vocational skill based training before deployment,” said Abhishek.

     

    “Our core team comprises members who have known each other well from our time at IIT-Delhi. We share an extremely strong bond from our college days, and it has translated into a strong base on which to build the organisation. We are keen on getting like-minded individuals on board who can contribute to Shadowfax’s growth,” he concluded.

  • Snapdeal appoints Adobe’s Viraj Chatterjee as VP – engineering

    Snapdeal appoints Adobe’s Viraj Chatterjee as VP – engineering

    MUMBAI: Snapdeal has roped in Viraj Chatterjee as vice president, engineering. In his new role, Chatterjee will lead the technology development solutions to enrich the overall seller experience on the marketplace.

     

    Recently the company launched Snapdeal Plus and Capital Assist to further enhance the ability of small and medium businesses to sell on its platform. Chatterjee will play a pivotal role in strengthening the overall seller platform and introducing newer products backed by strong technology solutions.

      

    Prior to his appointment at Snapdeal, Chatterjee spent 16 years at Adobe Systems where he most recently served as director engineering leading the Acrobat and Flash Runtime line of products. His stint with the Adobe team was focussed on product management, engineering and building powerful products across Desktop and Mobile which included the Adobe Reader and Acrobat. 

     

    Snapdeal co-founder Rohit Bansal said, “Our vision is to build the most impactful digital commerce ecosystem in the country that creates life changing experiences for our buyers and sellers. With our entire ecosystem resting on technology, a robust infrastructure and team is critical to our success. Our goal is to create one million successful online entrepreneurs within the next three years and our seller interface will play a key role in enabling this. It is crucial to equip sellers with the necessary infrastructure and Viraj with his rich experience and deep understanding of consumer facing tech products will provide the right impetus to building the best products for our sellers. We are delighted to have Viraj on board and wish him a great journey ahead with the Snapdeal family.”

     

    Chatterjee added, “India’s growing internet economy presents immense opportunities for growth of small and medium businesses and I am particularly excited about the company’s vision of creating one million successful online entrepreneurs within the next three years. My main focus would be on strengthening the technology interface and building products that will enable our sellers to bring scale and efficiency in their business across the mobile and web platform.”

  • Snapdeal appoints Amitava Ghosh as vice president – engineering

    Snapdeal appoints Amitava Ghosh as vice president – engineering

    MUMBAI: Snapdeal has appointed Amitava Ghosh as vice president – engineering.

     

    In his new role, Ghosh will lead the development of intuitive technology solutions for ease of accessibility and enhanced user experience on the marketplace. 

     

    Ghosh comes with over 17 years of experience in building scalable web based products and platforms for consumer internet and enterprises.

     

    Ghosh has spent several years working for a diverse set of organizations, both in India and USA, across Internet companies, medium strength organizations and Silicon Valley start-ups.

     

    Prior to his appointment at Snapdeal, Ghosh was the chief technology officer at Taxiforsure before the company’s acquisition by OLA Cabs. Previously, he headed the India Engineering team of Tribune Digital Ventures (TDV). He has also had a decade long stint at Yahoo where he was responsible for building platforms and user experiences for listings, media verticals, communities & Social products.

     

    Ghosh will work out of the company’s technology innovation centre in Bangalore.

     

    Ghosh said, “Snapdeal’s growth in the technology space has been unprecedented. The clarity of vision and rigorous effort behind strengthening the vertical is commendable. All our efforts are towards ensuring that we deliver best in class experience to our customers. My focus would be on in-depth analysis of consumer insights to develop best mechanisms for delivering delightful customer experience. I am excited to be a part of this dynamic team and look forward to a challenging but exciting journey ahead.”

     

    Snapdeal co-founder Rohit Bansal added, “Our vision is to build the most impactful digital commerce ecosystem in the country. We are building the strongest technology team at Snapdeal to create a future ready and innovative technology infrastructure. At Snapdeal, we believe that our business exists to serve our users and strongly feel that creating a frictionless buying and selling experience is key to our success. Customer service interface is one of the key verticals of our technology infrastructure and we are looking at strengthening it further to offer a superior experience to our customers We are delighted to have Amitava onboard and wish him a great journey ahead with Snapdeal family.”

     

    The technology team at Snapdeal is currently 1000 people strong and company looks at doubling it by the end of this year.

  • Animesh Sharma joins Exclusively as chief technology officer

    Animesh Sharma joins Exclusively as chief technology officer

    MUMBAI: Snapdeal has appointed Animesh Sharma as chief technology officer of the recently acquired Exclusively.com. 

    Snapdeal co-founder Rohit Bansal said, “We are very happy to have Sharma on board. He comes with 13 years of leadership experience in building scalable technology products, as well as talented engineering teams. Technology is at the backbone of companies like ours and we are confident his rich experience in building technology platforms from scratch will complement Exclusively’s business expansion plans. At Exclusively, he will be driving the technology and product functions to make it the most preferred online shopping destination for premium fashion in India.”

     

    Sharma added, “I am very excited to be a part of the enthusiastic, dynamic and vibrant team at Exclusively. The company’s vision to transform the premium online lifestyle shopping experience in India is quite inspiring. I look forward to building a highly scalable and innovative technology platform with the team.”

     

    Prior to this, Sharma was working with Wize Commerce (formerly Nextag) for almost a decade where he served as vice president – engineering. He was responsible for managing all aspects of engineering, services and live site operations along with leading a team of 100+ engineers across multiple verticals. During his tenure at Wize Commerce, he was instrumental in building and managing some of the most critical technology modules – travel, store and mobile application.

  • Snapdeal strengthens m-commerce biz with Letsgomo acquisition

    Snapdeal strengthens m-commerce biz with Letsgomo acquisition

    MUMBAI: In a move to strengthen its leadership in the m-commerce domain, Snapdeal has acquired mobility solutions company Letsgomo Labs.

     

    Letsgomo Labs provides end-to-end mobility solutions to businesses that are looking to harness the power of mobile. Founded by Manav Kamboj and Vikas Banga, the 76 member team with expertise across mobile technologies, design and strategy; consults businesses right from building mobile strategies to conceptualization of applications and mobile sites to implementation and hosting. The company also works with leading e-commerce companies to help them strengthen their mobile capabilities.

     

    With the acquisition, Letsgomo team will focus on strengthening the organisation’s mobile technology capabilities. Mobile is one of the key growth drivers of e-commerce in the country and building a robust mobile commerce platform has been a key focus area for Snapdeal.

     

    It may be recalled that in April this year, Snapdeal also acquired m-commerce company Freecharge. The company claims that 75 per cent of the orders on Snapdeal come via mobile based transactions. The recent acquisition of Martmobi – a mobile technology start up, was also a step towards further strengthening Snapdeal’s mobile platform.

     

    Snapdeal co-founder Rohit Bansal said, “Mobile is one of our key focus areas and in a span of just two years, the medium has proved to be one of the biggest growth drivers for the company. Delivering a great user experience across varying data connections and numerous handsets being used in the country is the guiding principle for our mobile initiatives. Over 75 per cent of our sales now come through mobile platforms and Letsgomo team becoming a part of our family will further propel our efforts in this direction.”

     

    Letsgomo co-founder Kamboj added, “Snapdeal is focused on building strong mobile capabilities and we are truly excited to be a part of the Snapdeal family. We strongly believe that new age technology innovations will happen here. Mobile will continue to drive e-commerce in the country and how companies utilize this platform will be a key success determinant. We look forward to building world class mobile technology at Snapdeal and set new benchmarks for the industry in this space.”