Flipkart promotes Renuka Singaram to SVP
By Abha Lohia ·
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- Flipkart is one of India's largest e-commerce firms and is backed by Walmart, with a growing quick commerce arm called Minutes
- Renuka Singaram, who runs non-large supply chain, Minutes and design, was moved up to senior vice-president
- The promotion comes as the firm scales Minutes and faces appeals from former staff over share option payouts
What happened
- Renuka Singaram is now SVP at Flipkart.
- She was a vice-president before.
- She oversees non-large supply chain, Minutes and design.
- She joined Flipkart in October 2014.
- The group CEO announced a set of leadership promotions.
Why it matters
- Minutes competes with Blinkit, Zepto and Instamart.
- Supply chain efficiency is key to quick delivery costs.
- Over 1,000 former staff have asked Walmart for fair ESOP (employee share option) payouts.
The business
- Flipkart runs a large online marketplace.
- Its quick commerce service is Minutes.
- FY26 revenue rose 18% to ₹1,45,880 Cr.
In numbers
₹1,45,880 CrRevenue from operations · FY26
₹8,468 CrNet loss · FY26
Up against
AmazonBlinkitZepto
Terms in this story
- Quick commerce: Quick commerce delivers groceries and everyday items to your door in minutes, usually from a small nearby warehouse called a dark store. The model works only when enough orders come from a small area, because speed is expensive.
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