20 March 2017, India:
Snapdeal has announced Jason Kothari as the new CEO of its digital platform Freecharge. Furthermore, the company also committed $20 million to accelerate innovation and growth.
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 and entrepreneur who has already been the CEO of two successful companies. We are delighted to announce his leadership role at FreeCharge.”
Jason Kothari stated, “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.”
Jason Kothari has been delivering the best results for the respected company so far. He was appointed as CEO of Housing.com back in November 2015, later he moved to Snapdeal as Cheif Strategy and Investment Officer. Kothari will also join the Board of Directors of FreeCharge and will continue his key leadership role as Chief Strategy and Investment Officer at Snapdeal. (Image- Business Insider)