Govind Rajan, CEO of FreeCharge. Photo credit: Freecharge.
Freecharge CEO Govind Rajan has resigned within a year of taking charge at the Snapdeal subsidiary, media reports say.
Turnaround expert Jason Kothari, who joined Snapdeal in January as its chief strategy and investment officer, will oversee the business operations of FreeCharge, The Economic Times said.
See: Why is a turnaround expert joining Snapdeal?
Snapdeal is said to be having troubles raising fresh funds, with investor Alibaba even mulling over a merger with Paytm.
Govind’s departure is the latest in a series of top-level resignations from India’s top tech startups. At the beginning of the month, Snapdeal lost two of its senior executives. Snapdeal is the parent company of Freecharge.
Ola’s CFO Rajiv Bansal quit two days later. The next day, Flipkart’s Mukesh Bansal, head of commerce and advertising, put in his papers. The company’s CFO had resigned in October last year.
Freecharge did not respond to an email asking for comments outside office hours.
This post Freecharge CEO quits amidst reports of parent Snapdeal seeing fundraising troubles appeared first on Tech in Asia.
from Tech in Asia https://www.techinasia.com/freecharge-ceo-quits
via IFTTT
No comments:
Post a Comment