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Industry moves: Flipkart, Magnasoft and Let’sVenture

Flipkart appoints two new members to its leadership team E-commerce marketplace Flipkart has announced the appointment of two new members in leadership positions including Rishi Vasudev as its new Vice President- Fashion (retail) and Parameswaran Balakrishnan as its Vice President- HR for supply chain. In his new role, Vasudev will be responsible for spearheading P&L for all fashion categories on Flipkart. He currently has over 15 years of experience in the fashion and retail industry, with his last position being the CEO of Calvin Klein India. Prior to CK, he has also worked at companies like Louis Philippe and Arvind Brands, where he led the makeover from brands like Gant, Arrow and Izod. Balakrishnan, who joins as the VP- HR for supply chain, will be responsible for business partnering, talent acquisition and function L&D for Flipkart’s supply chain. He has previously worked in organizations like Toyota and Tata Motors and has experience in various functional domains like human resources, employee relations and manufacturing. In his previous role, he headed employee relations and CSR of Tata Motors, and overall has over 20 years of experience in the field. Magnasoft appoints Shyam Ramamurthy as its CTO Bangalore based SaaS products and technology solutions provider Magnasoft has named Shyam Ramamurthy as its Chief Technology Officer (CTO), reports Techcircle. Ramamurthy has been with the company as an advisory board member, and in his new position, will be responsible for technology and products development. Ramamurthy currently has over 25 years of experience in building technology products, and…

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