Flipkart refreshes leadership ahead of planned IPO
As Walmart-owned e-commerce giant Flipkart prepares for its initial public offering, the business has appointed Hemant Badri as senior vice president for its supply chain operations, among other leadership changes.
From March 1, Badri stepped into his new role at Flipkart, the business announced in a company email sent to employees, accessed by ET Tech. Badri was previously vice president of worldwide planning, customer service, and Europe operational planning at Unilever.
Flipkart also announced that Amitesh Jha has transitioned from his role as supply chain head at Myntra and Flipkart as well as other group businesses to his new role as Flipkart senior vice president. Jha will also mentor Badri in the coming months to ensure a smooth transition.
“Amitesh will be taking up a new role in the CDO (category design operations) and M3 (Marketing, Merchandising and Monetization) organisation,” said Flipkart Group CEO Kalyan Krishnamurthy, The Economic Times reported.
“In this role, he will oversee the consumables, softlines, and customer and marketing charters.”
Ranjith Boyanapalli, current head of fintech and payments, has also been given additional responsibilities comprising customer experience, marketplace, and the Central Liquidation Team (CLT).
Flipkart’s IPO could begin as soon as the end of 2021 or early 2022. The business is currently eyeing a prospective valuation of $40 billion (Rs 2.7 lakh crore).
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