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Anup Vikal new CFO of Snapdeal

21 Oct '15
2 min read

E-commerce major Snapdeal has appointed Anup Vikal as the company's Chief Financial Officer, it said in a press release. A seasoned professional, Vikal brings with him over 23 years of experience in finance, strategy and corporate governance across multiple industry sectors. He will be based at Snapdeal's Gurgaon office.

Welcoming Vikal, Kunal Bahl, Snapdeal Co-Founder and CEO, “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.”

Prior to his appointment at Snapdeal, he served as the Chief Financial Officer at Aircel, where he played a pivotal role in the telecom company's turnaround to become profitable. He was responsible for building business through revenue growth, implementing massive cost optimization, restructuring of debt and capital, improving the Credit Rating of the company as well as interfacing with the government, TRAI and other authorities.

Before his stint at Aircel, Vikal was the Group-CFO & Head of Strategy and IT at InterGlobe Enterprises. He handled multiple responsibilities such as incubating and developing new business, mergers and acquisitions and portfolio management. He has also been associated with finance shares services for Colt Technology and headed the finance division of telecom major Bharti Airtel for nearly seven years.

“In the last few years, Snapdeal has emerged as a leader within the e-commerce and tech space and I look forward to joining the young and energetic Snapdeal family. Ecommerce 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. (SH)

Fibre2Fashion News Desk – India

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