Flipkart has pared its senior leadership ranks over the past two years, reducing the number of senior vice presidents (SVPs) to fewer than a dozen from about 18 earlier, ahead of a planned initial public offering.
The changes at the Walmart-owned ecommerce company follow a leadership reshuffle initiated in 2024, as a part of which group chief executive Kalyan Krishnamurthy moved to streamline the top deck and assign clearer responsibilities across key functions such as finance, compliance, supply chain and technology.
While reducing layers at the top, the company has also filled some positions that were vacated following senior-level exits, and brought in executives with more specialised mandates.
Over the past six to eight months, Flipkart has made several senior appointments. Jane Duke joined from parent Walmart as group chief ethics and compliance officer. Gunjan Bhartia was appointed senior vice president for business finance. Balaji Thiagarajan joined as chief product and technology officer (CPTO), while Bharath Chinamanthur was appointed senior vice president in the product and technology team.
Thiagarajan, a former Google executive, joined in September, replacing Jeyandran Venugopal, who left last year to take over as chief executive of Reliance Retail Ventures, as reported by ET first in April last year.
Vipin Kapooria, who earlier served as a vice president in Flipkart’s finance team, has also returned to the company after a six-month stint at quick commerce company Blinkit, where he was chief financial officer.
The leadership restructuring comes as Flipkart prepares for a potential public listing. The company is in the process of completing a reverse flip to shift its headquarters to India from Singapore, where it is currently domiciled.
As reported earlier by ET, Flipkart is expected to file its draft red herring prospectus later this year, in a key step towards its stock market debut.
Budget 2026
Critics' choice rather than crowd-pleaser, Aiyar says
Sitharaman's Paisa Vasool Budget banks on what money can do for you best
Budget's clear signal to global investors: India means business
While reducing layers at the top, the company has also filled some positions that were vacated following senior-level exits, and brought in executives with more specialised mandates.
Over the past six to eight months, Flipkart has made several senior appointments. Jane Duke joined from parent Walmart as group chief ethics and compliance officer. Gunjan Bhartia was appointed senior vice president for business finance. Balaji Thiagarajan joined as chief product and technology officer (CPTO), while Bharath Chinamanthur was appointed senior vice president in the product and technology team.
Thiagarajan, a former Google executive, joined in September, replacing Jeyandran Venugopal, who left last year to take over as chief executive of Reliance Retail Ventures, as reported by ET first in April last year.
Vipin Kapooria, who earlier served as a vice president in Flipkart’s finance team, has also returned to the company after a six-month stint at quick commerce company Blinkit, where he was chief financial officer.
The leadership restructuring comes as Flipkart prepares for a potential public listing. The company is in the process of completing a reverse flip to shift its headquarters to India from Singapore, where it is currently domiciled.
As reported earlier by ET, Flipkart is expected to file its draft red herring prospectus later this year, in a key step towards its stock market debut.