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Kalyan Krishnamurthy

Flipkart CEO Kalyan Krishnamurthy denies exit

Flipkart CEO Kalyan Krishnamurthy has denied reports that he is going to quit the e-commerce company and a formal announcement on a new CEO is likely in June during the Walmart shareholders' meeting. In a statement to Inc42, Krishnamurthy said reports making the rounds...

Ananth Narayanan steps down as Myntra Jabong CEO

Fashion e-tailer Myntra Monday said its CEO Ananth Narayanan has quit, a development that ends months of speculation about his exit following a recent re-jig at its parent group Flipkart. In a statement, Myntra said Narayanan has decided to step...

Focussed on bringing next 200 mn Indians into e-commerce fold: Flipkart CEO

Walmart-backed Flipkart is betting big on categories like grocery, furniture and its range of private labels to bring new customers onboard its platform as well as expand its share in the user's wallet, according to CEO Kalyan Krishnamurthy. Speaking to...

Flipkart rejigs leadership team, appoints Sriram Venkataraman as COO

Walmart-backed Flipkart has rejigged its senior leadership team, including appointment of Sriram Venkataraman as chief operating officer (COO). According to a PTI report: Venkataraman, who is currently the Chief Financial Officer at Flipkart, is assuming the additional role as COO,...

Binny Bansal resigns as Flipkart CEO

Flipkart Group Chief Executive Officer (CEO) Binny Bansal resigned on Tuesday over an alleged 'serious personal misconduct', the company said. "Bansal's decision to quit came after an independent investigation done on behalf of Flipkart and Walmart into an allegation of...

Flipkart, Amazon claim record online festive sales

India's leading e-tailer Flipkart and its American rival Amazon on Thursday claimed record online sales ahead of Dusshera and Diwali festivals. "We made a record-breaking business during the five-day sales festival on October 10-14 in diverse categories, including smartphones, electronic...

Flipkart, Amazon in festive sale slugfest, each claims bigger share than other

The face-off between the two e-commerce giants Flipkart and Amazon continues with the Walmart-backed company claiming it doesn't see much relevance for Indian users from the competitor, and Amazon contending that it remains the 'most visited and transacted' e-tailing...

Shoppers from tier II, III cities throng e-commerce sites for festive offers

E-commerce companies like Amazon, Flipkart, Snapdeal and others have had a stellar festive season so far and have clocked billions of dollars worth of sale, as shoppers thronged to cash in on the attractive offers available on these platforms. According...

E-commerce majors see strong growth in apparel, large appliances as festive sale kicks off

E-commerce giants Flipkart and Amazon India have seen a strong start to their festive sale with categories like apparel and large appliances driving record transactions and new customers coming on board. According to a PTI report: These companies have put...

Flipkart acquires Israeli startup Upstream to strenghten pricing capability

India's leading e-tailer Flipkart on Tuesday said it has acquired Israel-based Upstream Commerce startup for an unspecified amount to strengthen its selection and pricing capability. "The acquisition enables us to help sellers boost sales and serve customers better with Upstream's...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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