Acevector Limited has announced the appointment of Achint Setia as its Chief Executive Officer (CEO) of Snapdeal, an e-commerce platform. Himanshu Chakrawarti will transition to the role of Chief Executive Officer of Stellaro Brands (a subsidiary of Acevector Limited).
Himanshu Chakrawarti, who has successfully led Snapdeal and Stellaro Brands over the last three years, will focus exclusively on driving growth at Stellaro, leveraging more than thirty years of rich retail experience and an in-depth understanding of the business of building brands at leading companies such as Trent, Arvind and Landmark group among others.
Achint brings nearly twenty years of diverse experience in building new businesses, marketing, strategy, M&A, and technology, spanning e-commerce, media, telecom, and government services. He joined the company from Zalora Group (Singapore), where he served as the chief revenue and marketing officer. In his previous roles, Achint has held leadership roles at Myntra, Viacom18, McKinsey & Co., and Microsoft.
He holds an MBA in Strategy & Finance from the Indian School of Business and completed the Stanford GSB LEAD program in Corporate Innovation.
“We are delighted with the two executive appointments that aim to accelerate further the progress in Snapdeal and Stellaro Brands. Under Himanshu’s leadership, we have seen remarkable progress across Snapdeal and Stellaro Brands, and this transition allows the group to benefit from his experiences by focusing on Stellaro’s growth. Achint’s extensive experience in e-commerce, media, technology, and brand building will add great value to his role as the CEO of Snapdeal and will be instrumental in supporting the business on its growth trajectory. We wish both Achint and Himanshu great success in their new roles,” Kunal Bahl and Rohit Bansal, co-founders of AceVector Limited (holding company of Snapdeal and Stellaro Brands), said.
