AceVector Group, which operates several platforms in the e-commerce space, has announced the elevation of Himanshu Chakrawarti as the Chief Executive Officer (CEO) of its Snapdeal marketplace business.
Chakrawarti joined Snapdeal a year ago as the president of the Snapdeal marketplace business. He has been involved in driving the platform's value commerce strategy.
Chakrawarti has been active in steering growth-related and operational initiatives.
“Himanshu has played an integral role in steering Snapdeal's marketplace business over the last year. His success in building brands and expertise in retail operations clubbed with an in-depth understanding of the value retail segment has helped us build a comprehensive toolkit to serve India’s mega cohort of value-savvy users,” said Kunal Bahl and Rohit Bansal, Co-Founders, Snapdeal and AceVector Group.
Himanshu has over 30 years of experience in the retail sector in building lifestyle brands.
“We are confident that under his leadership, Snapdeal's marketplace business will continue to grow and excel on its chosen path of focused and profitable growth,” added the Co-Founders.
Before Snapdeal, Himanshu was the CEO of Unlimited Fashion - Arvind Lifestyle Brands’ value fashion retail chain with a focus on affordable fashion apparel and accessories for men, women, and children.
“I look forward to working closely with both Rohit and Kunal as they provide strategic direction and perspective to shape Snapdeal’s way ahead,” said Chakrawarti.