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Days After Snapdeal CFO’s Exit, CTO Rajiv Mangla Resigns

Days After Snapdeal CFO’s Exit, CTO Rajiv Mangla Resigns

Merely two weeks after Snapdeal CFO Anup Vikal’s exit, its Chief Technical Officer Rajiv Mangla quits the online retailer, a company spokesperson confirmed on Saturday.

Rajiv Mangla is said to have resigned from his post on Friday, October 27; and will be  transiting out of his role by 15 December.

“Rajiv has played a key role in devising and implementing multiple technology initiatives at Snapdeal, including helping build Snapdeal Cirrus. His ability to continually align a range of ongoing projects with the evolving business needs of the organisation has been invaluable for Snapdeal,” said Rohit Bansal, co-founder of the homegrown e-commerce venture said.

The development was first reported by Business Standard.

Snapdeal has recently witnessed a string of top-level executives soon after its merger talks ended with Flipkart. Earlier in August, the four-member founding team of Unicommerce Solutions, Snapdeal’s technology solutions division—Ankit Pruthi, Karun Singla, Vibhu Garg and Manish Gupta—quit the firm.

Mangla played a critical role in running the company’s operations during the two years of his stay, working close to the strategic and operational responsibilities, contributing significantly in building capabilities and driving innovation.


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As per the company’s statement, Mangla has decided to pursue professional opportunities outside of the firm.

Snapdeal has already begun looking for another CTO who will be filling Mangla’s shoes. “We will be further strengthening the technology team and expect to welcome new members including leadership hires, over the next few weeks,” Snapdeal spokesperson said.

“He has led the finance function with distinction, contributing immensely in furthering the profitability initiatives of Snapdeal, which the deep bench of Snapdeal’s finance team will continue. I wish him the very best for his professional pursuits,” Kunal Bahl, chief executive of Snapdeal, said.

 


 

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