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New COO of Snapdeal

Update On :13 July 2016

New COO of Snapdeal

Vijay Ghadge has joined as the new COO of Snapdeal. He is the the former chief operating officer of ecommerce logistics company Go-Javas. The move comes within three months of Ghadge leaving GoJavas in which Snapdeal holds a 42% stake. 

GoJavas, which was built as a logistics arm of Rocket Internetbacked fashion retailer, was spun off as a separate third-party logistics player in 2013. It continues to be the largest logistics partner for Snapdeal and close to 85% of GoJavas' current shipment volumes come from Snapdeal and Jabong. 

Snapdeal, which is strengthening its supply chain and logistics capabilities, had invested Rs 240 crore in GoJavas in two subsequent rounds in 2015. The filings of Vulcan Express with the Registrar of Companies indicates that Jasper Infotech, the holding company that runs Snapdeal and Vulcan, has recently nominated its senior vice-president of business finance Vivek Patankar to the board of directors. 

News Source From : http://economictimes.indiatimes.com/small-biz/startups/vijay-ghadge-joins-as-coo-of-snapdeals-captive-logistics-unit-vulcan-express/articleshow/53183297.cms

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