Snapdeal appoints Achint Setia as Chief Executive Officer
AceVector Limited, the holding company of Snapdeal, has appointed Achint Setia as Chief Executive Officer of Snapdeal, India's value e-commerce platform. Himanshu Chakrawarti, who led Snapdeal and Stellaro Brands over the last three years, moves to CEO of Stellaro Brands, a subsidiary of Acevector Limited, to focus exclusively on driving growth there. Setia brings nearly twenty years of experience across e-commerce, media, telecom and government services. The appointments come as Snapdeal reported FY24 revenue from operations of Rs 379.76 crore, up 2.1%, and an 88% drop in adjusted EBITDA loss to Rs 16 crore.
The appointment
- Succeeds
- Himanshu Chakrawarti
- Announced
- 8 January 2025
Key details
- Holding company
- AceVector Limited
- New Stellaro Brands CEO
- Himanshu Chakrawarti
- Setia's experience
- Nearly twenty years
- FY24 revenue from operations
- Rs 379.76 crore, up 2.1% from Rs 371.96 crore in FY23
- Group structure formalized
- June 2022, as AceVector Group
- AceVector Group businesses
- Snapdeal, Unicommerce and Stellaro Brands
Career so far
- Chief Executive OfficerSnapdeal · from Jan 2025
- Chief Revenue and Marketing OfficerZalora Group (Singapore)
- Leadership rolesMyntra
- Leadership rolesViacom18
- Leadership rolesMcKinsey & Co.
- Leadership rolesMicrosoft
Setia 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 chief revenue and marketing officer.
About Snapdeal
India's pure-play value ecommerce marketplace for fashion and lifestyle products.
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Based on company announcements, filings and reporting by Entrackr. Details were checked against the source on 14 Nov 2026; we add nothing the source does not state.
Key facts
- Company
- Snapdeal
- Person
- Achint Setia
- New role
- Chief Executive Officer
- Type
- Appointed
- Date
- 8 Jan 2025
- Source
- Media reports
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