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FreeCharge appoints Ankit Khanna as chief operating officer

More top deck changes at FreeCharge following the resignation of CEO Govind Rajan. The digital wallet and payments company promoted Ankit Khanna as chief operating officer. Khanna will have additional roles of managing products, user growth, user experience, and business development.

Before taking charge as the COO, Ankit was the Chief Product Officer with the company. Prior to which, he was the Senior Vice President, Product at Snapdeal and has been with Snapdeal since the Company’s inception in 2010, where he joined as the Product head.

Khanna also holds a graduation degree from the Indian Institute of Technology, Delhi. Before joining Snapdeal, he also co-founded Itasveer in 2006, an online solution for photo printing which was later acquired by a Pune based IT Services company.

Earlier this month, , Jason Kothari was been appointed as CEO as a replacement to Rajan. Kothari took on this role in addition to his role as Chief Strategy and Investment Officer at Snapdeal, which owns Freecharge. Kothari is seen as a Softbank appointee at the struggling ecommerce company. Along with this appointment, Snapdeal said it intends to invest an additional $20 million in Freecharge

Kothari was the CEO of another Softbank company, Housing.com, for over a year. He was appointed to the position in August 2015 following the exit of the company’s co-founder and CEO Rahul Yadav in July 2015.

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Other moves at Snapdeal and FreeCharge

– Snapdeal witnessed two top executives leaving the company in this month: Abhishek Kumar, the company’s head of corporate development and senior vice president Sandeep Komaravelly had put down their papers

– In November last year, Vijay Ghadge, the COO of Vulcan Express, Snapdeal’s logistics arm, had left the company after joining the position in July, the same year. Note that it recently opened 6 new fulfilment centres through Vulcan Express.

– In October, FreeCharge appointed Karthik Rajeshwaran as director of strategy. Rajeshwaran joined the company from Obi Worldphone where he functioned as head of global marketing.

 

 

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