Analyze the relationship between 'Snapdeal' and 'Kunal Bahl' within the context of the input sentence.
Options: distributed by, developer, product/material produced, founded by

"We have launched Shopo, a mobile-based open marketplace that will allow businesses as well as individuals to harness the power of Internet instantly and at zero cost," Snapdeal Co-founder and CEO Kunal Bahl told reporters.
founded by