Flipkart executives meet ministers to discuss MSME push, India listing

CEO Kalyan Krishnamurthy and Rajneesh Kumar, chief corporate affairs officer, shared updates on digital commerce expansion, financial inclusion, and plans to redomicile ahead of a potential IPO

Flipkart Group chief executive officer (CEO) Kalyan Krishnamurthy and group head of corporate affairs Rajneesh Kumar met Union Finance Minister Nirmala Sitharaman on Monday to discuss the company’s efforts to boost small business participation in digital commerce and support financial inclusion.

 

They also met Prahlad Joshi, minister for consumer affairs, food and public distribution, and new and renewable energy.

 

The executives shared updates on Flipkart’s initiatives to onboard micro, small and medium enterprises (MSMEs), artisans, and small businesses across platforms. These include the Flipkart marketplace, fashion arm Myntra, and travel subsidiary Cleartrip.

 

The discussion also covered financial inclusion programmes being developed through Flipkart’s fintech platform, super.money.

 

As part of a broader alignment with India’s evolving digital economy, Flipkart reaffirmed its intent to redomicile to India —a move widely seen as a precursor to a potential public listing, according to the sources.

 

“We also reaffirmed our ‘India First’ commitment as we strengthen supply chain infrastructure, digital infrastructure and help create a skilling ecosystem to train people as well as sellers and under-served communities while crafting new jobs and livelihood opportunities,” said Kumar in a LinkedIn post.

 

The executives met Joshi, to discuss the company’s approach to consumer rights, sustainability, and its role in advancing India’s digital economy.

 

Kumar said the discussion focused on the company’s consumer-first policies and commitment to fair and transparent practices. “With minister Joshi, we discussed key consumer affairs priorities and shared Flipkart’s efforts in maintaining transparent, fair, and consumer-friendly policies,” he said.

 

He added, “We highlighted our strong focus on resolving customer grievances swiftly and effectively, driven by a customer-first mindset.”

 

Kumar also outlined Flipkart’s sustainability efforts, including its push towards electric vehicle adoption, renewable energy usage, and eliminating single-use plastics across its supply chain.