Rajiv Mangla , CTO of snapdeal will oversee both functions till a new person is replaced by Mr. Chandrasekaran who resigned from snapdeal. A Snapdeal spokesperson said "The product vertical along with technology will roll up to Rajiv Mangla, our chief technology officer. Rajiv's focus will continue to be on creating products which remove real friction points for sellers and buyers and developing robust technology to create future ready capabilities,â€.
Snapdeal said the decision to not name a new CPO was taken due to increasing synergies between the company's product and engineering teams. Under his watch, Freecharge the digital payments platform owned by Snapdeal, launched its wallet in September, while three months later, Snapdeal unveiled its new platform, code-named Sherpalo, to enhance seller experience.
Snapdeal, too, has seen senior leadership exits this year, with marketing head Idi Srinivas Murthy and Rahul Taneja, vice president and head-category management at the company, putting in their papers. However, the company named former Hindustan Unilever senior executive Kanika Kalra as its vice president for marketing as a replacement for Murthy, while Saurabh Bansal assumed Taneja's responsibilities.
Sahni said "The developments can be taken as a sign of the startup space maturing. Whenever a new industry emerges, there is always a certain amount of churn, which will then settle, as newer executives learn from their predecessors,".