Snapdeal strengthens board with two additions ahead of its Rs 3,000 cr IPO

Zomato Chairman Kaushik Dutta and MD-CEO for ESG Stewardship Services at ECube Investment Advisors inducted

SoftBank-backed Snapdeal that is likely to file its draft red herring proposal in the next few months has strengthened its Board with key appointments. The company announced the appointment of Kaushik Dutta and Richa Arora to the board ahead of its Rs 3,000 crore IPO.

The company said that it has appointed Kaushik Dutta, the Chairman of Zomato, and is on the Boards of Policy Bazaar & HCL Infosystems. He is the founding co-director of Thought Arbitrage Research Institute (TARI) - an independent and non-partisan Indian think-tank that focuses on the issues of Corporate Governance, Sustainability, Economics, and Public Policy.