Sanjay Baweja, Flipkart’s CFO, has quit the company, reports VCCircle. Baweja joined Flipkart 2 years ago in November 2014 where he would develop a strategic roadmap for profitable revenue growth. We’ve written to Flipkart for a confirmation and will update this once we hear from the company.
According to the VCCircle report, Flipkart has initiated a search for a new CFO and says that Baweja will leave the company on 31 December this year. Baweja’s next endeavour is not known, the report added.
Before joining Flipkart, Baweja was the Global CFO for Tata Communications. He also worked as Executive President for Corporate Affairs and Chief Risk Officer at Emaar MGF and has had stints at Bharti Airtel, Xerox Modicorp, Digital Equipment and Ballarpur Industries.
Previous high profile exits from Flipkart:
Flipkart has witnessed a trail of departures over the last year. In April, Punit Soni, chief product officer Flipkart, resigned after a year’s stint at the ecommerce company. Manish Maheshwari had quit Flipkart as VP and Head of its Seller ecosystem. In February, Mukesh Bansal had quit the company as head of commerce division and Myntra Chairman. Chief business officer Ankit Nagori too put down his papers.
In July, Lalit Sarna, head of Flipkart’s payments product design, and Sunil Gopinath, head of technology for the marketplace division, left the company. Abhijit Bhattacharya quit as the Director of Brand Marketing & Head of Media at Flipkart. VP of engineering Sharat Singh had quit after a short six-month stint.
Last month, Flipkart claimed that it crossed a 100 million registered users on its platform.