AceVector Limited has officially appointed Achint Setia as the new Chief Executive Officer (CEO) of Snapdeal, one of India’s leading e-commerce platforms. Setia, who brings nearly two decades of experience in operations, strategy, marketing, and technology, replaces Himanshu Chakrawarti, who will now focus on driving growth at Stellaro Brands, a subsidiary of Acevector Limited.
He made the announcement on LinkedIn,
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Achint Setia joins Snapdeal from Zalora Group in Singapore, where he served as the Chief Revenue and Marketing Officer. His extensive career also includes senior roles at Myntra, Viacom18, McKinsey & Co., and Microsoft. With his vast expertise across e-commerce, media, telecom, and government services, Setia is well-positioned to lead Snapdeal’s next phase of growth.
Himanshu Chakrawarti, who has successfully led Snapdeal and Stellaro Brands for the last three years, will shift his focus exclusively to Stellaro Brands. With over 30 years of experience in retail and brand development, Chakrawarti has held significant leadership positions at companies such as Trent, Arvind, and Landmark Group. His continued leadership at Stellaro will be crucial for expanding the company’s brand portfolio.
This leadership change is poised to steer both Snapdeal and Stellaro Brands towards greater innovation and success in the competitive e-commerce and retail markets.
Stay tuned as Snapdeal embarks on a new chapter under Achint Setia’s leadership, with exciting new initiatives on the horizon.
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