satyam-bansal

Satyam Bansal, Sachin Bansal’s chief of staff at Flipkart, has quit the company to join Hotstar as the senior vice president of partnerships distribution, reports VCCircle. Bansal was responsible for the product and analytics for Flipkart’s private label and strategizing top priorities among other duties.

Prior to that, Bansal was the director of product, sales, alliances and digital marketing and associate director of product partnerships and digital marketing for over 2.5 years at the company. Before that, he worked as the COO at Titbit, a digital solutions company for hospitality, and at Universal Pictures and Micron Technology in distribution and finance and product engineering respectively. Bansal was also the founder and CEO at MIDDS.

At the start of the year, Flipkart announced changes in its top management by making Binny Bansal as the new CEO and Sachin Bansal as the company’s new executive chairman. At this time, Sachin Bansal would be responsible for strategic direction whereas Binny Bansal would be responsible for driving the operations and performance of Flipkart.

*

This year has not been a very employee and staff friendly year for Flipkart. Not only did it witness a trail of top level departures, it has seen valuation markdowns and a layoff of sorts.

Late last month, Peeyush Ranjan, Flipkart’s group chief technology officer quit the company to join Airbnb as VP of engineering in San Francisco. A month before that, Sanjay Baweja, Flipkart’s CFO, quit the company. 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. 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.

100 million users:

In September, Flipkart said that it has crossed 100 million registered users on the platform, 6 months after it crossed 75 million users. However, the company did not mention how many of these were active users.