Smile Group's daily deal site Dealsandyou has appointed Ryan Valles as its new CEO. Valles comes to the helm of Dealsandyou in place of Gaurav Kachru, who switched over to the Smile Group's corporate development and strategy team as group executive vice president in April.
In his new role Valles will report to Harish Bahl, founder and CEO, Smile Group. The mandate of Valles, who will be based out of Gurgaon, will be to help Dealsandyou grow to the next level. Valles joined Smile Group in March as an Entrepreneur In Residence (EiR).
"Valles got associated with us few months back as a Smile EIR helping the business in certain growth initiatives. His contribution, passion and leadership made all of us believe that he is the perfect entrepreneur to carry on the current momentum and drive Dealsandyou to its next level of growth," Bahl told Techcircle.in.
Valles said the company has a great team and very supportive investors and that is backed by Harish and the Smile Group. "We are uniquely poised to take advantage of all emerging opportunities and move dealsandyou.com to an even greater growth trajectory," he told Techcircle.in.
An alumnus of St Stephens College, Valles has previously worked with Accenture, Everest Group, Halcyon, Private Equity, and is also the managing director of Urbanscape, a company that owns and manages new innovative advertising structures at the New Delhi Terminal 3 airport.
Last year, the deal site had raised $17 million in its second round of funding from Mayfield Fund and Norwest Venture Partners, Nokia Growth Partners and Intel Capital.