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Flipkart Witnesses 4 Executive Leadership Exit As IPO Preparation Intensify

Bengaluru, NFAPost: At least four senior leaders at India’s leading ecommerce platform Flipkart, including a senior vice-president and three vice-presidents, have stepped down and are in the process of leaving the Walmart-owned ecommerce giant, reports Moneycontrol.

The exits include Ankit Jain, SVP and head of grocery and large supply chain; Prajakta Kanaglekar, VP of HR (Technology); Anurag Singhvi, VP and head of analytics; and Ganesh Ramaswamy, who served as VP at Flipkart and Chief Product and Technology Officer (CPTO) at Cleartrip, a subsidiary of Flipkart.

Among the four, Singhvi had the longest tenure, nearly 13 years at Flipkart. Jain, Ramaswamy, and Kanaglekar had each been with the company for around six years.

Ankit Jain is set to join Swiggy Instamart, one of Flipkart’s emerging competitors in the quick commerce space. “Ankit will join as SVP of Instamart, replacing SVP and chief operating officer (COO) Sairam Krishnamurthy,” the news report quoted a source as saying.

Krishnamurthy, who had joined Swiggy Instamart in August 2024 as its first COO, previously worked at More Retail, an Amazon-backed retail chain formed through a joint venture with Samara Capital. His earlier experience includes leadership roles at Unilever and Hindustan Unilever Limited (HUL).

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