IPO-bound Snapdeal appoints Himanshu Chakrawarti as President

IPO-bound e-commerce platform Snapdeal has appointed Himanshu Chakrawarti as its President. Prior to joining Snapdeal, he was the CEO of Unlimited Fashion, Arvind Lifestyle Brands' value fashion retail chain. He has also been the CEO of HiCare Services, which was backed by the leading PE fund, True North. Snapdeal filed its draft papers for an IPO on Tuesday.