Unicommerce Gears Up for IPO with Strategic Board Appointments

Unicommerce eSolutions Pvt Ltd, the SaaS-based order management and fulfillment platform provider for ecommerce and retail businesses, is strengthening its board with five key appointments as it prepares for an IPO expected late next year. The new appointees include former SoftBank India head Manoj Kohli, Ullas Kamath, Sairee Chahal, and the co-founders of Snapdeal, Kunal Bahl, and Rohit Bansal. These strategic additions aim to enhance reach, fortify governance structures, and guide Unicommerce through its next phase of growth.

Manoj Kohli, in addition to his role at SoftBank, has an illustrious career as the executive chairman of SB Energy Projects Private Limited and as a managing director and CEO of Bharti Enterprises Limited. His track record includes driving growth, profitability, and operational excellence across various sectors.

Ullas Kamath, the former joint managing director of Jyothy Labs, brings valuable experience in transforming companies into multi-brand FMCG entities.

Sairee Chahal, the founder of SHEROES and Mahila Money, adds a unique perspective as a women-focused digital platform entrepreneur and neobank founder.

Kunal Bahl and Rohit Bansal, the co-founders of Snapdeal, AceVector, and Titan Capital, bring extensive experience and insights from their successful ventures.

“The depth and diversity of their expertise aligns seamlessly with our vision of anticipating and serving the evolving technology needs of our customers both in India and in other countries,” said Kapil Makhija, MD and CEO of Unicommerce.

Unicommerce, founded by three IIT Delhi classmates—Ankit Pruthi, Karun Singla, and Vibhu Garg—provides end-to-end ecommerce operations management through its suite of SaaS-based technology products. Acquired by Snapdeal in 2015, the platform enables comprehensive inventory tracking, synchronization across multiple sales channels, and automated order pick-ups for efficient deliveries.

In the financial year 2022-23, Unicommerce reported a 52% increase in operating revenue to INR 90 Cr from INR 59 Cr in the previous fiscal year. The SoftBank-backed startup’s net profit rose 8% to INR 6.4 Cr in FY23 from INR 5.9 Cr in FY22.

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