Flipkart

Flipkart CFO Venkataraman steps down; Ravi Iyer to take interim role

Leadership reshuffle comes as Walmart-owned e-commerce company prepares for potential India listing and strengthens senior team

Flipkart sets bonus multiplier at 105% as it signals steady performance

Walmart-backed e-commerce firm cites progress across key metrics and journey toward sustainable profitability as it prepares for a potential IPO

Flipkart Group CFO Sriram Venkataraman quits; Nishant Verman rejoins as SVP

E-commerce major Flipkart on Friday said its Group Chief Financial Officer (CFO) Sriram Venkataraman will be stepping down from his role. Venkataraman will remain with the company "for a period of time" to ensure continuity and a smooth transition, a company statement said. During this interim period, Ravi Iyer, CFO of Flipkart, will oversee the broader finance organisation, the statement added. Alongside the top-level transition, the Walmart-backed firm announced the appointment of Nishant Verman, who is rejoining the company as Senior Vice President, Corporate Development and Partnerships. Verman returns to Flipkart following his entrepreneurial venture, Bzaar, a cross-border exports platform. He has previously worked with Microsoft's Corporate Development team and in tech investment banking at Morgan Stanley. Established in 2007, the Flipkart Group includes companies such as Flipkart, Myntra, Flipkart Wholesale, Cleartrip, and super.money.

Huawei may soon launch MatePad 11.5 tablet in India: Expected specs, more

A Flipkart microsite has hinted at an upcoming Huawei product launch in India, and reports suggest it could be the MatePad 11.5 tablet that the company currently sells in global markets

BAMUL chief slams Flipkart over Re 1 milk sale, flags impact on farmers

Bangalore Milk Union Ltd president D K Suresh on Saturday claimed that e-commerce giant Flipkart is selling milk for Re 1 through "investor-funded discount campaigns", accusing it of undermining the dignity of farmers and the cooperative movement built over decades. He has lodged a complaint against Flipkart before the Competition Commission of India (CCI) and also written an email to Prime Minister Narendra Modi seeking investigation into "predatory pricing" of milk by the quick commerce platform and its impact on dairy farmers and cooperative institutions. However, Flipkart said in a statement that it periodically runs limited promotional campaigns on select products available on the platform, often in partnership with banking partners, to enhance customer value. "Prices of products on the Flipkart marketplace are determined by individual sellers. All dairy partners and sellers continue to receive their full agreed price for the products they supply, and farmer procurement prices

Sedemac Mechatronics surges 7.4% on trading debut amid weak markets

Sedemac Mechatronics shares debuted 7.4% higher on listing, while Walmart-backed Flipkart is preparing to invite banks to pitch for work on its potential IPO

Flipkart's holding firm back home after Press Note 3 nod for Tencent

Flipkart has completed shifting its holding company from Singapore to India, removing a key hurdle for a potential domestic listing as it strengthens governance and readies for an IPO

Flipkart lays off 250-300 employees after reviewing performance

Layoffs affect roughly 2% of workforce as Walmart-backed e-commerce firm tightens operations and prepares for a potential IPO

"Platforms that combine scale with sustainable unit economics will win"

Kapil Thirani, vice president for Shopsy and Flipkart Marketplace, shares insights about Flipkart's zero-commission push to capture India's value-conscious Gen Z and first-time rural shoppers

Flipkart eyes food delivery entry, plans Bengaluru pilot launch by June

Flipkart is exploring entry into online food delivery, with a pilot likely in Bengaluru by mid-2026; the company is studying whether to launch its own app or use ONDC to compete with Zomato and Swiggy

Ahead of IPO, Flipkart strengthens leadership with two senior hires

E-commerce firm Flipkart has named Vipin Kapooria as vice president, business finance, and Yogita Shanbhag as vice president, human resources, as it readies for its IPO

Flipkart appoints Vipin Kapooria, Yogita Shanbhag as VPs ahead of IPO

E-commerce major Flipkart on Monday announced the appointment of Vipin Kapooria as Vice President, Business Finance, and Yogita Shanbhag as Vice President, Human Resources, effective immediately. These appointments come shortly after a series of high-profile hires at the IPO-bound company in the past month. Kapooria, who is rejoining Flipkart, will lead business finance across all categories. He comes with over 19 years of experience and was most recently the Chief Financial Officer at Blinkit. He has also held senior positions at OYO and Yum! Brands. In his new role, Kapooria will partner with business teams to drive financial discipline, operational excellence, and sustainable growth, the company said in a statement. Shanbhag will lead the HR function for Flipkart's technology vertical, OneTech Business Unit. She joins with over 20 years of experience at Juniper Networks and Wipro. "Building a strong organisation requires sustained focus on leadership, robust systems, and cultur

SC sends Flipkart competition case back to NCLAT for fresh review

The Supreme Court set aside a 2020 NCLAT order directing a CCI probe into Flipkart and asked the tribunal to reconsider the case afresh

Flipkart group appoints two senior executives ahead of planned IPO

Jason Chappel joins as group controller and Amer Hussain as VP of supply chain for grocery and Minutes

Myntra's Bansal, Flipkart's former exec Ranjan to launch edtech firm

Myntra co-founder Mukesh Bansal and ex-Google executive Peeyush Ranjan have launched Fermi, an AI-first STEM edtech platform targeting India and the US

Tiger Global ruling unlikely to spook FPIs, but raises bar on tax substance

Market participants broadly view judgment as fact-specific, centered on interpretation of grandfathering provisions under the India-Mauritius tax treaty and application of General Anti-Avoidance Rule

SC's ruling against Tiger Global clouds outlook for India's buyout sector

The decision has major implications for private equity funds that have set up shell entities in the offshore haven to channel investments into India, according to lawyers

Centre to start recovery of taxes from Tiger Global after top court ruling

The US-based investment firm's substantial sale of Flipkart's stake to Walmart Inc. was one of the largest exits by a foreign investor in the Indian e-commerce sector

Tiger Global liable to pay tax on gains from 2018 Flipkart deal: SC

Indian officials argued arrangement was meant to avoid tax

Supreme Court rejects Tiger Global's tax plea in Flipkart stake sale case

The apex court said tax authorities had correctly rejected Tiger Global's application seeking exemption from capital gains tax arising from the transaction