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India's largest online marketplace Snapdeal.com has appointed Abhishek Kumar as Head, Corporate Development, responsible for inorganic expansion at the company.
Kumar will be responsible for acquisitions, investments and deep partnerships that can lead to mergers for the e-commerce giant, the company said in a statement on Wednesday.
In his last assignment he was Head, Investments, at Palaash Ventures, where he led the investment team in deploying early stage capital in consumer Internet, SaaS, Ad-tech, hardware and e-commerce enablers.
He was earlier with TV18 Broadcast Ltd, leading the new ventures function for the media group.
“We recognise 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. Kumar, with his rich and diverse experience in venture capital and business management, brings the necessary skills to take Snapdeal into newer orbits of success through strategic partnerships,” said Snapdeal.com. co-founder and CEO Kunal Bahl.
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