With cross-country rival Flipkart strengthening its top leadership ahead of the impending IPO, Delhi-based Snapdeal is on the verge of hiring an engineering head, perhaps an Indian from the Bay area. The company has shortlisted four candidates from India and abroad and the appointment is likely to be closed shortly, a senior executive said. Snapdeal’s chief technology officer Amitabh Misra had quit recently.
“We are looking for a head of engineering. We have shortlisted four candidates and the appointment will be made very soon,” said Saurabh Nigam, VP-HR, Snapdeal.
The marketplace recently opened a development centre in Bengaluru and plans to onboard about 1,000 engineers. The unit hosts about 120 engineers, who work along with the company’s 600 engineers in Delhi. “We didn’t want to miss out on key talent just because we are not present in a certain geography,” Nigam said, explaining the decision to open the development centre in Bengaluru. Industry observers said on the condition of anonymity that the latest funding round — $627 million from Japan’s SoftBank in October last year — has given Snapdeal the muscle and brand value to rope in senior executives from marquee companies.
In February, Snapdeal had appointed former Yahoo and Amazon executive Jeyandran Venugopal as technology advisor. Snapdeal has several domain heads leading separate verticals in technology, who will all report to the new appointee.
* Snapdeal has shortlisted four candidates from India and abroad and the appointment is likely to be closed shortly, a senior company executive said
* In February, Snapdeal had appointed former Yahoo and Amazon executive Jeyandran Venugopal as technology advisor