Prior to this, Khanna was the chief product officer of the company.
"As part of his expanded role, Ankit will be managing product, user growth, user experience and business development at Freecharge," a company statement said.
Jason Kothari, CEO of Freecharge, said Khanna had brought "value to the team and played a significant role" in the company's journey. "He has also helped build highly complex and scalable products encompassing various aspects of e-commerce and digital payments ecosystem...," Kothari added.
Khanna holds a B.Tech degree from the Indian Institute of Technology, Delhi.
The investment would further accelerate innovations and growth, Snapdeal had said in a statement.
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