Jason Kothari, Chief Investment and Strategy Officer at e-commerce firm Snapdeal, has quit the company to join Ahmedabad-headquartered Infibeam.
Jason, who was a classmate of Snapdeal founder Kunal Bahl at Wharton School, joined Snapdeal in January 2017, prior to which he was with real estate portal Housing.com. Jason will now move to Infibeam as its president, leading the strategy, corporate development, international operations and investor relations functions at India’s first listed e-commerce company.
Infibeam managing director Vishal Mehta, in a statement to ET, said, “Jason joins us with a history of high-impact business and strategic leadership where he has changed their outcomes and created significant value for all stakeholders. At Infibeam, we will leverage his valuable experience to help realise our global plan and drive the next era in the company’s evolution.”
It must be recalled that in last July, it was rumored that Infibeam was in serious talks to merge Snapdeal in to itself. Infibeam aimed to create a combined $2-billion entity if the merger talks with Snapdeal would have had successfully went through.
Notably, in March 2017, Jason was also appointed as the CEO of FreeCharge, a digital wallet of Snapdeal later sold to Axis Bank. Moreover, it was Jason who managed the sale of Snapdeal’s e-commerce management firm Unicommerce to Infibeam for Rs 1.2 billion in May, and logistics arm Vulcan to Future group for ₹35 Crore.
Interestingly, when Jason was just 15, he was an assistant to Hollywood action star Jackie Chan.
Jason graduated from The Wharton School of the University of Pennsylvania with a bachelor’s degree in Finance. He is also the co-founder of Valiant Entertainment, a company which has a library of 1,500 characters, including X-O Manowar, Bloodshot, Harbinger, Shadowman, Archer & Armstrong. He was the CEO of Valiant Entertainment from 2007 to 2013.