‏إظهار الرسائل ذات التسميات Jason Kothari. إظهار كافة الرسائل
‏إظهار الرسائل ذات التسميات Jason Kothari. إظهار كافة الرسائل

Snapdeal's Investment & Strategy Chief Quits To Join Infibeam As President

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.

Via - Economic Times | Wikipedia

Snapdeal's Investment & Strategy Chief Quits To Join Infibeam As President

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.

Via - Economic Times | Wikipedia

Snapdeal Appoints Jason Kothari as CEO of FreeCharge and Commits $20M Investment

Snapdeal, Indian e-commerce company, today announced the appointment of Jason Kothari as the Chief Executive Officer of FreeCharge and a commitment to invest an additional $20 million in the Company.

FreeCharge takes pride in being the most convenient, safest and fastest digital wallet in the country and the investment will further accelerate innovations and growth.

In addition to taking on the role of the CEO, Jason will continue his key leadership role as Chief Strategy & Investment Officer at Snapdeal. He will also join the Board of Directors of FreeCharge.

Kunal Bahl, Co-founder & CEO, Snapdeal, said, “As India moves towards a cashless and digital economy, we are certain that FreeCharge will play a pivotal role in the transition. We remain committed to the success and vision of FreeCharge. Jason is a strong, strategic and versatile business leader & entrepreneur who has already been the CEO of two successful companies. We are delighted to announce his leadership role at FreeCharge.”

Most recently, Kothari was CEO of Softbank-backed online real estate company Housing.com, where he led the successful turnaround of the Company from a position of distress to a market leader in one and a half years using organic and inorganic growth. Under his stewardship, Housing.com changed its business strategy & plan, raised an additional round of funding from lead investor Softbank, and achieved key operating results, such as increasing revenue by 400%. During this period, the Company also won multiple awards for reputation management, including ‘Rise of the Phoenix’ gold award by India Public Relations and Corporate Communications Awards (IPRCCA), was named one of the most sought after employers in the country by LinkedIn, and a case study on the turnaround of Housing.com was taught at Harvard Business School.

Prior to joining Housing.com, Kothari was CEO & Vice Chairman of character-based entertainment company Valiant Entertainment, where he led the successful acquisition out of bankruptcy and turnaround of the Company resulting in a record return in the industry and media recognition calling the Company “Marvel 2.0”. Valiant raised $140 million from leading strategic investors, including the former CEO of Marvel Entertainment and Chinese media conglomerate DMG Entertainment.

Jason Kothari, Chief Executive Officer, FreeCharge & Chief Strategy & Investment Officer, Snapdeal, said, “The digital payments space in India is forecasted to be over $ 1 trillion by 2025. I’m excited to join the talented team at FreeCharge at such a high-growth and dynamic time in the industry and expect FreeCharge to continue to play a key role in this digital payments revolution.”

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