Update: Snapdeal confirmed Govind Rajan's departure from the company with the following statements: "Govind has brought incredible energy and focus in growing FreeCharge. The pace of progress will continue with the strong team that he has built. I am sure he will bring the same level of passion and resolve whatever he chooses next. I wish him the very best”- Kunal Bahl, CEO & Co-Founder Snapdeal “ It has been a unique privilege to helm FreeCharge in these exciting times of rapid growth and user focused innovation. I am confident that FreeCharge will achieve still greater heights under its incredibly talented team and I look forward to facilitating the transition over the next few weeks”- Govind Rajan FreeCharge's CEO Govind Rajan has quit the payments company, reports the Economic Times. The publication added that Rajan gave his resignation late Tuesday which was accepted Snapdeal's leadership. We have written to Snapdeal for a confirmation and will update once we hear from them. The report added that Jason Kothari, Snapdeal's chief investment and strategy officer, will be taking over FreeCharge's business operations. Kothari is responsible for Snapdeal's corporate development including all investments and strategic partnerships, raising new capital for the company, portfolio management, and overseeing companies Snapdeal wholly owns or has invested in. In May 2016, FreeCharge promoted Govind Rajan as the Chief Executive Officer, while co-founder Kunal Shah took charge as Chairman of the company. In the same month, the company’s Chief Product Officer Anand Chandrasekaran put down his papers. Rajan joined the company as…
