Flipkart to have single growth org, Sikaria gets additional charge

Ecommerce main Flipkart is merging its buyer and advertising departments with progress and monetisation, all of which will likely be headed by senior Flipkart government Prakash Sikaria, in accordance with an inside firm electronic mail despatched by CEO Kalyan Krishnamurthy.

With this Sikaria, a senior vice-president at Flipkart, has been given further obligations which entails main key segments like progress, advertising and new companies, individuals conscious of the matter stated.

The adjustments are efficient from January 1, 2022, in accordance with the e-mail, reviewed by ET.

Sikaria can also be scaling Flipkart’s social commerce enterprise Shopsy which is difficult SoftBank-backed Meesho.

Flipkart launched Shopsy in July and has seen a 4 occasions income progress throughout this festive interval, in comparison with non-festive interval, the corporate had stated in a press release final week. Flipkart’s journey enterprise Cleartip, which appointed a brand new CEO in former Myntra government Ayyappan R, may even report back to Sikaria.

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“Prakash ( SIKARIA) has been with Flipkart since 2015 and through his time with the corporate, has created a major influence by pioneering and launching impactful initiatives akin to Advertisements, Plus, Supercoins, Video games,Video, Journey and Shopsy. Along with this duty, Cleartrip will proceed to report back to Prakash,” Krishnamurthy stated in his notice to firm employees.

An electronic mail despatched to a Flipkart spokesperson on Thursday didn’t instantly elicit a response.

Nandita Sinha, who was one of many key executives within the buyer and advertising division, has been elevated as Myntra CEO,
reported first by ET. She takes over her new position from subsequent 12 months. Flipkart’s Amitesh Jha will proceed to report back to Sikaria and take care of the availability chain for {the marketplace}.

Following Sinha’s appointment as new Myntra CEO, firm CFO Ramesh Bafna and CMO Harish Narayanan have resigned, ET
reported final month.

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