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Snapdeal Plans To Hire Several key Executives By The End Of This Fiscal

Jasper Infotech, which owns and operates online marketplace Snapdeal.com, is looking to hire several key personnel, across functions, as the New Delhi-based company looks to beef up its second rung of leadership in its bid to stay ahead in a highly competitive sector.

The company is looking to fill between 10-15 top managerial positions by the end of the current financial year, spread across critical functions, such as technology, operations, marketing and supply chain, a senior company executive said.

Snapdeal’s VP (HR), Saurabh Nigam has also said that Snapdeal is always trying to explore new segments and right leadership strategies are urgently required for success. Nigam also revealed that 30-odd key positions in the company have already been filled but now they are trying to hire some top executives who will directly report to the company founders – Kunal Bahl and Rohit Bansal.

Nigam also said that the current hiring trend is focused on not only to get new members for the existing functions but the new joinees should also be capable of taking new initiatives. By 2020, Indian e-commerce sector is expected to reach a new high, $30 billion, and competition is running high among the major players like Flipkart and Amazon. Snapdeal is working hard to secure its niche in the emerging market. In December, Snapdeal got a new vice-president for market development with Vishal Chadha. Chadha looks after business development and aims to bring small and medium businesses too to the platform.

Previously, Abhishek Kumar was appointed to lead the company’s corporate developments, acquisitions and investment initiatives. Kumar used to head investments at venture capital firm, Palaash Ventures formerly. The new hiring has been announced at such a time when Flipkart and Amazon are leaving no stone unturned to establish themselves as the leading players of the Indian e-commerce sector. These companies have also made some high-profile appointments in the recent times.