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, owner of, 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