How Flipkart New CEO Binny Bansal Trying To Bring Back Its Old Team in Fight Against Amazon
The Proverb of Old is Gold seems true in the case of India's largest e-commerce company Flipkart. Under new CEO Binny Bansal, Flipkart re-appointed Mr. Kalyan Krishnamurthy as head of categories.
Before explaining anything about Flipkart re-joining strategy kindly read our previous report to get more clarification.
Kalyan Krishnamurthy an executive at Flipkart’s largest investor Tiger Global Management was first appointed as a interim chief financial officer (CFO) & Category Head of Flipkart in February 2014. He left the company and joined Tiger Global again in November 2014.
In 2015, Flipkart replaced its entire senior management and hired professionals from Google, Amazon etc.
In 2016, due to shortage of funding and poor performance Flipkart's three senior executives lost...