Take context from the input text and decide on the accurate relationship between 'Snapdeal' and 'Kunal Bahl' from the options provided.
Options: distributed by, product/material produced, developer, 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