Utilize the input text as a context reference, choose the right relationship between 'Snapdeal' and 'Kunal Bahl' from the options.
Options: owner of, founded by, chief executive officer, brand

Grocery is about 59 per cent of retail GDP in India and we are excited to be entering into a strategic partnership with PepperTap to tap this market,” Snapdeal CEO Kunal Bahl said.
founded by