Take context from the input text and decide on the accurate relationship between 'Snapdeal' and 'Kunal Bahl' from the options provided.
Options: chief executive officer, founded by, stock exchange, owned by

Commenting on the launch, Snapdeal CEO and co-founder Kunal Bahl said, "Consumer needs are constantly evolving and we feel it is the right time to launch a trusted and future rich digital wallet service."
founded by