India’s ‘bigger than Amazon’ online retailer Flipkart gets its third new CEO in 12 months

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India’s largest ecommerce business is getting its third new boss in 12 months, first time looking outside the co-founders.

Kalyan Krishnamurthy is the new CEO of Flipkart, replacing Binny Bansal, who now assumes the newly created role of Group CEO at the online retailer, which is bigger than Amazon’s India business.

Krishnamurthy previously headed the category design organization at the firm. Prior to this role, Krishnamurthy was the managing director at Tiger Global, Flipkart’s largest investor.

“Kalyan will be responsible for operationally driving Flipkart and will be responsible for Flipkart P&L,” the company said in a press note. …

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Via: Mashable: Business

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