Reportedly, the position was lying vacant after the company’s former CEO Govind Rajan quit FreeCharge last month.
Kothari will be handling his new role as CEO of FreeCharge along with his position at Snapdeal as chief strategy and investment officer. He will also join the board of directors of FreeCharge, said Snapdeal.
“As India moves towards a cashless and digital economy, we are certain that FreeCharge will play a pivotal role in the transition. We remain committed to the success and vision of FreeCharge. Jason is a strong, strategic and versatile business leader and entrepreneur who has already been the CEO of two successful companies. We are delighted to announce his leadership role at FreeCharge,” said Kunal Bahl, co-founder and chief executive officer, Snapdeal.
“The digital payments space in India is forecasted to be over USD one trillion by 2025. I’m excited to join the talented team at FreeCharge at such a high-growth and dynamic time in the industry and expect FreeCharge to continue to play a key role in this digital payments revolution,” Kothari said.