MUMBAI: The eCommerce industry has seen some major tectonic shifts -- Snapdeal engineering vp Bhuvan Gupta, Flipkart’s Sharat Singh, Flipkart’s product office Punit Soni, Flipakart’s Mukesh Bansal and Ankit Nagor; and now, most recently, Snapdeal’s Chief Product officer Anand Chandrasekaran.
Snapdeal co-founder Rohit Bansal confirmed the news with his tweet on Tuesday that read, "@anandc proud of the super work by you and the product team. Hard to believe that this was just 1 yr. Farewell, keep rocking!"
Chandrasekaran soon replied back tweeting, "@rohitkbansal thanks for the support. We did in 1 what would take 3 years anywhere."
While Chandrasekaran refrained from making any official comments on his future endeavors, word has it that he is looking to start his own business.
A former Yahoo executive, Chandrasekaran joined Snapdeal last June to integrate more services, like Uber, into the company's flagship app, a model similar to China's popular WeChat. This high profile Silicon Valley recruit quit the Indian startup within a year, adding to the increasingly long list of top hires from the valley by the Indian Unicorns who are moving on to start their own businesses. As per a leading daily the industry has witnessed close to 17 major movements between Flipkart, Snapdeal, Ola, Zomato and Paytm to launch their own startups.
When asked to comment on it, Snapdeal’s spokesperson further shared, “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." Snapdeal didn’t confirm any possible appointments to fill Chandrasekaran’s shoes any time soon.