Ex Snapdeal product head Chandrasekaran quits FB

Anand Chandrasekaran, who was until recently, a director of platforms and product partnerships at Facebook based in its Menlo Park headquarters, has left the company, sources close to the development told ET. His departure ends a two-year stint which began in September 2016, where he had joined to work on Facebook’s popular Messenger product.Chandrasekaran, who is also an active angel investor in the Indian startup ecosystem, is said to be exploring outside opportunities in the Bay Area, people close to the development told ET.Sources in the know told ET that while the 40-year-old had initially joined Facebook to work on the tech giant’s Messenger platform, “he began overseeing the company’s India business, acting as a bridge between the two markets.” Facebook considers India as its largest market, with over 250 million active users.Another person aware of the development, told ET, that in the last six months, Chandrasekaran was looking at WhatsApp, specifically for the India market. It is unclear if he was the point person for its in-limbo Unified Payment Interface (UPI) based payment product. WhatsApp, like its parent company Facebook, also considers India as its largest market.A former Yahoo executive, Chandrasekaran joined Snapdeal at the time e-commerce market in India was at its peak. Players like Flipkart and Snapdeal threw million dollar salaries to hire Silicon Valley executives, which is when Chandrasekaran joined the Indian e-tailer. Before that he was Bharti Airtel’s chief product officer.While it isn’t clear what Chandrasekaran would do next, there has been speculation about him starting his own venture.When contacted he did not comment on his departure from Facebook.Some of his larger angel investments in India include Rupee, co-working company Innov8, contactless payments venture Tonetag, fashion online to offline startup Fynd, Nobroker, among dozen others.

from Economic Times https://ift.tt/2FXwzNx