Snapdeal.com, India's leading e-commerce company has appointed Aakash Moondhra as the Chief Financial Officer

July 3, 2012 /India PRwire/ -- Snapdeal.com, India's leading e-commerce company has appointed Aakash Moondhra as the Chief Financial Officer. Aakash has over 15+ years of diverse experience in Banking, Corporate Finance and M&A, Strategy consulting and Private Equity. He has also been an entrepreneur and has worked extensively across Telecom, Technology and Retail industries.

Aakash has been a part of the project team that concluded Bharti's Alliance with Wal-Mart for Retail, and was also a part of the corporate strategy team during the merger of AT&T with SBC in USA. He held key roles in various teams at Barings Private Equity, Accenture, AT&T (Financial Leadership Program) BhartiAirtel&Bharti Retail, Nokia and I-Farm Ventures.

Aakash has completed his MBA from Southern Methodist University - Cox School of Business, Dallas, TX, USA in Finance & Strategy, is a Chartered Accountant and Company Secretary, and completed Advanced Strategic Management course from the University of Michigan.

Speaking about his appointment, Kunal Bahl, CEO of Snapdeal.com says, "As Snapdeal continues to scale rapidly and move into newer orbits, we believe that continuously augmenting the leadership teamsets up the business for success. Aakash is joining Snapdeal in an excitingphase of hyper growth, and his wide experiences as a business operator and investor will be quite valuable."

"I feel fortunate to be a part of the young, energetic and dynamic team at Snapdeal. These are extremely exciting times at the organization as we scale up rapidly with tremendous entrepreneurial zeal and vigour, and alongside, institutionalize systems & processes. I look forward to this next phase of growth" says Aakash Moondhra on his joining the team at Snapdeal.com

Source: Press release distribution via India PRwire

Notes to Editor

About Snapdeal.com

Snapdeal.com is one of the fastest growing e-commerce companies in India. Launched in February 2010, the company is 1500+ people strong, and features a wide range of categories from thousands of regional, national, and international brands and retailers.

The platform offers a wide assortment of products across categories like Mobiles, Electronics, Fashion accessories, Apparel and Footwear, Kids, Home and Kitchen, Sports, Books; and services across Restaurants, Entertainment and Spas amongst others. Snapdeal is the shopping destination for millions of internet users across the country, delivering to 5000+ cities and towns in India. 1 out of every 6internet users in India is subscribed on Snapdeal, and the company is adding over a million new subscribers per month.

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