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Flipkart appoints Tiger Global’s Kalyan Krishnamurthy as CEO in top deck shuffle

In less than a year since it changed top level leadership, ecommerce company Flipkart announced a top deck reshuffle and has moved a group company structure. Accordingly, Tiger Global's Kalyan Krishnamuthy has been appointed CEO of Flipkart while Binny Bansal will be the Group CEO. BinnyBansal as Group CEO will be to oversee capital allocation across all the group companies, CEO selection and CEO compensation. This is Krishnamurthy's second stint working with Flipkart as was appointed as an interim CFO in 2013. In his new role, Krishnamurthy will be responsible for operationally driving Flipkart  and will be responsible for the profit and loss. Categories, marketplace, customer shopping experience, private label and marketing will continue to report to Krishnamurthy. Nitin Seth, presently the Chief Administrative officer, will  be the COO for Flipkart. In his new role, Seth will be responsible for Ekart and customer…

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