Anand Chandrasekaran, the chief product officer of e-commerce marketplace Snapdeal, has quit the company to start his own entrepreneurial venture. He was brought on board in June last year to revamp the company’s platform, especially mobile.
Commenting about this, a Snapdeal spokesperson said,
Anand has decided to move out of Snapdeal and pursue entrepreneurial interests. 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.
Chandrasekaran co-founded Aeroprise, a personalised mobile applications software company, which was acquired by BMC Software Inc. in 2011. Prior to becoming chief product officer at Snapdeal, Anand Chandrasekaran held the same designation at Bharti Airtel. He has also served as senior director, search products, at Yahoo Inc.
Snapdeal co-founder Rohit Bansal tweeted: “@anandc proud of the super work by you and the product team. Hard to believe that this was just 1 yr. Farewell, keep rocking!” In response, Chandrasekaran tweeted: “@rohitkbansal thanks for the support. We did in 1 what would take 3 years anywhere. Incredible passion @snapdeal. Best still to come!”
Lately, leading companies like Flipkart, Snapdeal, Zomato scouted for tech talent in the Valley, luring them to India with fat pay cheques. Peeyush Ranjan, head of engineering and Soni hogged the limelight when they joined Flipkart while Zomato roped in former Facebook employee Namita Gupta as CPO.
Considering that most of the executives leaves company within a few years, it seems that Indian startups have learnt the art of attracting talent but are yet to learn the art of retaining talent.