Snapdeal CPO Anand Chandrasekaran quits to launch own startup

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Snapdeal’s Chief Product Officer Anand Chandrasekaran follows in the footsteps of Flipkart’s CPO Punit Soni and decides to quit the ecommerce giant to start his own venture. The move comes at a time when Indian startups are witnessing several major senior-level exits and shakeouts.

The news was confimed when Snapdeal co-founder Rohit Bansal announced the news of Chandrasekaran’ss departure on Twitter earlier on Tuesday.

Later, an official statement was issued by the company stating, “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.”

Anand did his M.S. in Electrical Engineering from Stanford University and his B.S. in Communications Engineering from PSG College of Technology. He was awarded the title of Young Global Leader by the World Economic Forum.

Chandrasekaran was the Chief Product Officer at Airtel before he joined Snapdeal in June 2015. Before that, Anand was with Yahoo, where he held roles of Sr. Director for Mobile. Prior to Yahoo, Anand was Director of Product at Openwave.

On the entrepreneurial side, he co-founded Aeroprise Inc. Under Anand’ss leadership, Aeroprise became the most-deployed solution worldwide for mobile service management, raised $7M in funding and was acquired by BMC Software.

Anand served as Venture Advisor at Storm Ventures, a $500M VC firm and is an angel investor in Pluss (and Gigstart), Audeze, InnerChef, Instalively and some unannounced projects.

Story Source: Business Insider