The rejig at Flipkart, the third major one this year, comes at a time when the Bengaluru-based firm is locked in a battle with global rival Amazon for market leadership.
In an internal note, Flipkart said the goal of the reorganisation is to "increase focus on Flipkart Group, consolidate to simplify organisation and creation of top-team with clear accountabilities".
The new structure will help the company better manage its functions and operations of the marketplace as well those of Myntra (and Jabong), Ekart (logistics) and PhonePe (wallet).
Co-founder Binny Bansal will focus more on his role as Flipkart Group CEO and consequently, Commerce will be managed by former Tiger Global (Flipkart's largest shareholder) executive Kalyan Krishnamurthy and Saikiran Krishnamurthy. They will report to Bansal.
Kalyan will lead the ad, Market Place (sellers), marketing and customer shopping experience businesses in addition to category design management.
Saikiran will look after supply chain as well as part of his existing role as Head of Ekart.
Flipkart has also consolidated all engineering functions under Ravi Garikipati. He currently heads the advertising unit.
Peeyush Ranjan, who has moved back to the US, will have a focussed role as head of the newly formed US Office and F7 Labs.
Myntra and PhonePe would continue to be headed by Ananth Narayanan and Sameer Nigam, respectively, the note said.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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