Snapdeal announced the appointment of Anup Vikal as the Chief Financial Officer. A seasoned finance professional Vikal brings over 23 years of experience in Finance, Strategy and Corporate Governance across multiple industry sectors.
Prior to his appointment at Snapdeal, he served as Chief Financial Officer at Aircel, where he was responsible for building business through revenue growth, implementing massive cost optimisation, restructuring of debt and capital, improving the credit rating of the company as well as interfacing with the government, TRAI and other authorities. He played a pivotal role in the company’s turnaround to become profitable.
Before joining Aircel, Vikal was the Group-CFO & Head of Strategy and IT at InterGlobe Enterprises, wherein he handled multiple responsibilities like incubating and developing new business, mergers and acquisitions and portfolio management. Vikal had also served as Director and Head of Finance Shared Services for Colt Technology for three years, and at Bharti Airtel he headed the Finance division for close to seven years.
Welcoming Anup, Kunal Bahl, Co-Founder and CEO, Snapdeal said, “We are very excited to have Anup on-board. His wealth of experience in building and executing the financial infrastructure in companies across complex large organisations in the country will further strengthen our leadership team.”
Speaking about his appointment Anup Vikal said, “In the last few years, Snapdeal has emerged as a leader within the ecommerce and tech space and I look forward to joining the young and energetic Snapdeal family. E-commerce is a dynamic and interesting space to work with and my focus will be to ensure we are financially well positioned yet nimble so that we can continue to create value for our customers, sellers, investors and employees”
Vikal holds a Bachelor’s degree in Engineering from NIT, Surat and a Master’s degree in Business Administration from South Gujarat University. He will be based out of Snapdeal’s Gurgaon office.