HomeNewsTechnologyIPO-bound Unicommerce appoints ex-SoftBank India head Manoj Kohli and others on board

IPO-bound Unicommerce appoints ex-SoftBank India head Manoj Kohli and others on board

Kohli, formerly MD and CEO of Bharti Airtel, has been expanding his scope of work and was also appointed to the board of beer company, Bira91, recently

December 20, 2023 / 21:47 IST
Story continues below Advertisement
Manoj Kohli, former MD and CEO of Airtel. Kohli also used to be SoftBank's head in India
Manoj Kohli, former MD and CEO of Airtel. Kohli also used to be SoftBank's head in India

Snapdeal-owned Unicommerce, a SaaS platform, has appointed former SoftBank India head Manoj Kohli, Jyoth Labs’ Ullas Kamath and Sairee Chahal, founder and CEO of Sheroes, as independent directors to its board. Snapdeal’s Kunal Bahl and Rohit Bansal have also been appointed as non-executive directors to the board, the company said on December 20.

The Gurugram-based company, established in 2012 and acquired by Snapdeal in 2015, enables end-to-end management of e-commerce operations for D2C brands, retail companies, and other online sellers through its comprehensive suite of SaaS-based technology products.

Story continues below Advertisement

These appointments come at a time when Unicommerce said it is preparing for a public listing in 2024. The company ended FY23 with a profit of Rs 8 crore, growing 8 percent year-on-year (YoY). Its revenues during the same period increased 53 percent to Rs 90 crore.

The company is on track to clock Rs 120-150 crore in revenue in the current fiscal, as reported earlier.