Flipkart appoints two senior executives Ekart, the logistics arm of online retailer Flipkart, has hired Abhijit Upadhye as the Vice-President of Business Development and Harish Abichandani as the CFO, The Economic Times reported. Prior to this, Upadhye was the Senior Director, Worldwide Supply Chain and Relationship Partner for Mcdonald's Japan and will now report to Ekart head, Saikiran Krishnamurthy. He has about 20 years of experience in strategy, supply chain, sales and consulting, having worked at companies like Mcdonald's for most of his career and Infosys. Abichandani is the former CFO for Tata Teleservices and will now be reporting to Flipkart CFO Sanjay Baweja. He has experience in US GAAP, Financial Planning, Private Equity, Capital market operations, MIS, Reporting and Compliance, Treasury and Taxation. The report also said that Ekart has made four to five Director-level appointments for functions like design, finance & insurance and strategic programme management. *** Paytm hires 2 Citi executives for its upcoming Payments Bank Mobile payments and e-commerce platform Paytm has hired Ruchita Taneja Aggarwal as head of banking operations and Priya Karnik as the head of product development for banking operations for its yet-to-launch Payments bank, ANI reported. Both Aggarwal and Karnik were previously associated with Citibank. Aggarwal was the Director and Singapore Head, for Regional Product Sales while Karnik was Director, Treasury and Trade Solutions in Asia Pacific. Aggarwal holds an MBA from S.P. Jain Institute of Management & Research, Mumbai, and has almost 14 years of experience in the field of payments and finance. Karnik, on the other hand, is an alumnus of Indian Institute of Management, Calcutta,…
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Amazon announced that it will integrate its logistics network and SmartCommerce services with the Open Network for Digital Commerce (ONDC).
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