Snapdeal ropes in Housing CEO Jason Kothari as chief strategy & investment officer

Snapdeal has announced the appointment of Housing.com’s CEO Jason Kothari as its Chief Strategy & Investment Officer. He will work alongside co-founders, Kunal Bahl and Rohit Bansal, in this key leadership role and will be joining Snapdeal on January 16, 2017.

As Chief Strategy & Investment Officer for Snapdeal, Kothari’s responsibilities will include leading strategy; corporate development, including all investments and strategic partnerships; raising new capital for the Company; and portfolio management, overseeing companies Snapdeal wholly owns or has invested in.

Kunal Bahl, Co-founder & CEO, Snapdeal, said, “Jason is a strong business leader & entrepreneur who has already been the CEO of two successful companies. Rohit and I warmly welcome Jason to the Snapdeal family and believe we will achieve even greater heights with his addition.”

Kothari was instrumental in the successful turnaround of Softbank-backed Housing.com, which merged with News Corp-backed real estate brokerage firm PropTiger this year.

Prior to joining Housing.com, Kothari was CEO & Vice Chairman of character-based entertainment company Valiant Entertainment, where he led the successful acquisition out of bankruptcy, and turnaround of the company.