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Posts Tagged ‘ Kalyan Krishnamurthy ’

Flipkart in talks to raise $1.5 bn from Microsoft, eBay and others

Wednesday, February 22, 2017 | More »

Flipkart
Home-grown ecommerce major Flipkart is in talks with a bunch of investors to raise a significantly large round of investment as the company has started seeing a renewed growth momentum under the new leadership of CEO Kalyan Krishnamurthy. The firm is in discussions with global tech giant Microsoft C...

Pratul-Chopra_fe

Former Fidelity India executive Pratul Chopra joins Flipkart

The founder of carpooling app iRideShare and former head of marketing analytics at Fidelity India Pratul Chopra has joined Flipkart’s senior leadership team. At Fidelity, Chopra had worked under Nitin Seth, former country head of Fidelity in India and currently Flipkart’s chief operating officer...

21 February, 2017 | More »

VCCircle_Flipkart8

Flipkart has no plans to cut jobs, says COO Nitin Seth

Flipkart’s chief operating officer Nitin Seth has allayed fears that employee rationalisation, which has been rearing its head in the country’s e-commerce sector, will engulf the company as well. “We had to go through that phase last year but with the growth we saw in the last quarter ...

17 February, 2017 | More »

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Is Flipkart clawing back in the game against Amazon?

In early signs of a reversal in fortunes, Flipkart has outrun rival Amazon India in gross sales in two consecutive months, after trouncing the US-based ecommerce company with its Big Billion Day sales in October. The Indian ecommerce giant recently witnessed a top-level management rejig. Citing four...

17 February, 2017 | More »

Tarun Joshi

Exclusive: Management rejig at IGP as majority investor Tarun Joshi takes charge

Close on the heels of investor-led management changes at e-commerce major Flipkart and lingerie e-tailer Zivame, India’s largest multi-category gifting company IGP (earlier called Indian Gifts Portal) has expanded its management team in a top-level revamping wherein its majority investor, Tarun J...

31 January, 2017 | More »

Flipkart

Flipkart suffers two more senior-level exits

Senior-level exits continue at Flipkart even after the company went through a management rejig that saw former Tiger Global executive Kalyan Krishnamurthy being appointed as chief executive earlier this year. A report in the Mint newspaper says that senior vice presidents of engineering Hari Vasudev...

25 January, 2017 | More »

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Flipkart, Amazon drop $1 bn Souq acquisition bid: Report

US-based Amazon.com Inc and Indian online retailer Flipkart have dropped a bid to acquire Middle East-based horizontal e-commerce venture Souq.com due to a disagreement over price, Bloomberg reported on Wednesday. Souq.com has now reached out to Dubai-based mall company Majid Al Futtaim, the report ...

18 January, 2017 | More »

Flipkart

Reshuffle continues at Flipkart as 3 more top-level execs resign

Two days after Flipkart appointed investor Tiger Global’s former executive Kalyan Krishnamurthy as its new CEO, three top management executives are reportedly leaving the company. According to a report by The Economic Times on Wednesday, Flipkart’s supply chain arm Ekart’s head Saikiran Krishn...

11 January, 2017 | More »

Kalyan-Krishnamurthy

Will Tiger man Kalyan Krishnamurthy ride Flipkart out of trouble?

Shedding whatever remaining trappings of an advisory role, venture capital investor Tiger Global has taken direct control of Flipkart with the appointment of its former executive Kalyan Krishnamurthy as CEO of the e-commerce firm. Krishnamurthy will be responsible for the company’s profit and ...

11 January, 2017 | More »

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Flipkart names Kalyan Krishnamurthy new CEO, Binny Bansal Group CEO

E-commerce major Flipkart on Monday named Kalyan Krishnamurthy its new chief executive officer and made co-founder and current CEO Binny Bansal group CEO in a major organisational restructuring. Krishnamurthy, a former Tiger Global executive, currently heads the design organisation category. Co-foun...

9 January, 2017 | More »

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