Snapdeal appoints new CEO for FreeCharge; to invest USD 20m

E-commerce company Snapdeal today announced appointment of Jason Kothari as the Chief Executive Officer of FreeCharge, and also said it has committed to invest an additional USD 20 million in the company.
Kothari was previously the CEO of Softbank-backed online real estate company Housing.Com.
In addition to being the CEO of FreeCharge, he will continue as Chief Strategy and Investment Officer at Snapdeal. He will also join the Board of Directors of FreeCharge.