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Flipkart shuffles top executives in biggest organizational overhaul

PTI 04 Nov 2014, 10:55:41 AM IST
PTI

New Delhi: Flipkart, India's largest e-commerce firm, has shuffled its top executives in its biggest organizational overhaul. Interim CFO Kalyan Krishnamurthy is leaving the firm and Fashion Head Mukesh Bansal will now be the marketing chief of the home grown e-commerce major.
 
Flipkart Vice-President (marketplace) Ankit Nagori's role has also been expanded and he will now be responsible for books and general merchandise categories as well.
 
Krishnamurthy, who joined the Bangalore-based firm from investment company Tiger Global in 2013, was also senior vice president for retail. His last day at Flipkart is November 15 and he is expected to join Tiger Global back, a source said.
 
Bansal founded the apparel retail website Myntra, which was acquired by Flipkart for Rs 2000 crore in May. After the deal, Bansal was heading Myntra as well as Flipkart's fashion business.
 
When contacted, a Flipkart spokesperson said: "Flipkart is a new age and agile company and organisational changes are regular for us. Realigning roles and responsibilities help us keep pace with our aggressive growth and the dynamic environment we operate in."
 
Bansal, Nagori and Krishnamurthy will hold meetings with stakeholders to chalk out a transition plan.