Business

Snapdeal marketing head Srinivas Murthy quits; to start own venture

New Delhi, Jan 11: Srinivas Murthy, Senior Vice President of Marketing at e-commerce major Snapdeal, has put in his papers to start his own venture.

"The entrepreneurial drive has rubbed off onto me. I'm now moving on to become an entrepreneur myself," Murthy told PTI.

He, however, did not disclose details of his new venture. Murthy added that he will announce his venture in the next few months.

"Srini has decided to begin an exciting new journey as an entrepreneur, and while he will surely be missed, I am delighted to see that he is carrying forward the Snapdeal spirit of entrepreneurship," Snapdeal Co-Founder and CEO Kunal Bahl said.

This is the second major exit at Snapdeal after its Head of Strategy Ranjan Kant quit to join online apparel retailer Jabong as its Chief Marketplace Officer.

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