Three more Flipkart vice presidents quit
By Abha Lohia ·
Flipkart: revenue and funding and every story →
- Flipkart is the Walmart-owned online marketplace and one of India's largest e-commerce firms
- Smartphones VP Kanchan Mishra, product and tech VP Amit Sachan and corporate tax VP Kamal Chopra are set to leave, reportedly for personal reasons
- That brings senior departures to at least 14 in about a year, while doubts over the company's listing weigh on morale
What happened
- Three vice presidents are leaving.
- Kanchan Mishra led smartphones for 12 years.
- Rakesh Krishnan takes over her duties.
- Departures now total 14 in a year.
Why it matters
- Uncertainty around the IPO is hurting morale.
- Smartphones matter for big sale events.
- Flipkart is also promoting insiders to bigger roles.
The business
- Flipkart is an e-commerce marketplace owned by Walmart.
- It runs flagship sales like Big Billion Days.
- It is pushing into quick commerce.
The founders
Who put in money
- Walmart Owner
What happens next
- Possible IPO
Up against
Amazon India
Terms in this story
- Marketplace: A marketplace is a platform that connects buyers with sellers and earns money from the transactions between them, without owning the goods or services itself. Its value grows as more people on both sides join.
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