Kalyan Krishnamurthy

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Kalyan Krishnamurthy - Total results - 47
Govt rejects Flipkart's proposal for entering food retail sector, company says will re-apply
Business

Govt rejects Flipkart's proposal for entering food retail sector, company says will re-apply

The Department for Promotion of Industry and Internal Trade (DPIIT) has rejected Walmart-backed Flipkart’s proposal seeking approval for entry to the food retail sector citing a regulatory issue, an official said on Monday

Flipkart appoints new chief financial officer; Sriram Venkatraman succeeds Emily McNeal, takes charge today
Business

Flipkart appoints new chief financial officer; Sriram Venkatraman succeeds Emily McNeal, takes charge today

Walmart-owned Flipkart on Tuesday said it has appointed Sriram Venkataraman as the Chief Financial Officer for Flipkart Commerce (Flipkart and Myntra) with immediate effect

Coronavirus impact: Flipkart partners with Meru to deliver everyday essentials, groceries to consumers
Business

Coronavirus impact: Flipkart partners with Meru to deliver everyday essentials, groceries to consumers

Meru will use its fleet to ensure the timely and safe delivery of essentials to Flipkart’s large customer base in a hassle-free manne

Flipkart ups ante against Amazon; to set up Rs 2,000-cr unit for food retail in India
Business

Flipkart ups ante against Amazon; to set up Rs 2,000-cr unit for food retail in India

E-commerce giant Flipkart on Tuesday said it is setting up a new local entity - Flipkart Farmermart - that will focus on food retail in India, as it looks to take on arch-rival Amazon in the segment

Festive frenzy has kicked in, will clock strong sales this year with demand driven by Tier II, III markets, says Flipkart CEO Kalyan Krishnamurthy
Business

Festive frenzy has kicked in, will clock strong sales this year with demand driven by Tier II, III markets, says Flipkart CEO Kalyan Krishnamurthy

Kalyan Krishnamurthy said this year's edition of The Big Billion Days (TBBD), which will be held from 29 September to 4 October, will see the company taking its "expansive selection to about 19,000 pin codes in the country".

Flipkart onboards 27,000 kirana shops to strengthen last mile delivery ahead of upcoming festive season
Business

Flipkart onboards 27,000 kirana shops to strengthen last mile delivery ahead of upcoming festive season

Walmart-owned Flipkart on Monday said it has onboarded nearly 27,000 'kirana' shops across 700 cities to strengthen its pan-India supply chain ahead of the upcoming festive season

FDI policy for e-commerce: Amazon removes numerous products from site as new rules bite
Business

FDI policy for e-commerce: Amazon removes numerous products from site as new rules bite

Amazon has committed to investing $5.5 billion there, while Walmart last year spent $16 billion on Flipkart.

Flipkart warns of major 'customer disruption' if new e-commerce rules are not delayed
News & Analysis

Flipkart warns of major 'customer disruption' if new e-commerce rules are not delayed

Indian officials have said the government is unlikely to change the policy's implementation date.

Ananth Narayanan steps down as Myntra-Jabong CEO to pursue foreign opportunities; Amar Nagaram takes over
Business

Ananth Narayanan steps down as Myntra-Jabong CEO to pursue foreign opportunities; Amar Nagaram takes over

In a statement, Myntra said Narayanan has decided to step down as CEO of Myntra and Jabong to pursue external opportunities.

SoftBank-backed online grocery delivery platform Grofers aims to garner $2.5 billion in revenue by 2020
Business

SoftBank-backed online grocery delivery platform Grofers aims to garner $2.5 billion in revenue by 2020

Grofers co-founder and CEO Albinder Dhindsa said Grofers has been witnessing over 30 percent month-on-month growth

Flipkart focussed on bringing next 200 mn Indians into e-commerce fold; betting big on grocery, furniture: CEO Kalyan Krishnamurthy
Business

Flipkart focussed on bringing next 200 mn Indians into e-commerce fold; betting big on grocery, furniture: CEO Kalyan Krishnamurthy

Krishnamurthy said Flipkart will continue to invest in innovation for consumers and sellers in the coming year as it focusses on "impactful, inclusive growth"

Flipkart rejigs senior leadership team, appoints Sriram Venkataraman as chief operating officer
Business

Flipkart rejigs senior leadership team, appoints Sriram Venkataraman as chief operating officer

Venkataraman, who is currently the chief financial officer at Flipkart, is assuming the additional role as COO, according to an e-mail sent to employees by Flipkart CEO Kalyan Krishnamurthy.

Binny Bansal's exit: More heads to roll at Flipkart as home-grown giant's loyalists may not fit into Walmart culture
Business

Binny Bansal's exit: More heads to roll at Flipkart as home-grown giant's loyalists may not fit into Walmart culture

Headhunters revealed to Firstpost that they have been receiving feelers from Flipkart ever since the Walmart acquisition of the firm.

After Binny Bansal's exit, at least 20 executives at Flipkart may step down; Myntra-Jabong CEO Ananth Narayanan to continue
Business

After Binny Bansal's exit, at least 20 executives at Flipkart may step down; Myntra-Jabong CEO Ananth Narayanan to continue

Bengaluru-based Myntra, which was bought by Flipkart in 2014, could also see a job cut of up to 500 people

Myntra-Jabong CEO Ananth Narayanan may step down following changes in reporting structure at Flipkart
Business

Myntra-Jabong CEO Ananth Narayanan may step down following changes in reporting structure at Flipkart

Kalyan Krishnamurthy will continue to be CEO of Flipkart, which will now include Myntra and Jabong, continuing to operate as separate platforms within the Flipkart business

Flipkart co-founder Binny Bansal resigns as CEO after charges of 'serious personal misconduct', says Walmart
Business

Flipkart co-founder Binny Bansal resigns as CEO after charges of 'serious personal misconduct', says Walmart

Binny Bansal stepped down from the company with immediate effect following an independent investigation done on behalf of Flipkart and Walmart into an allegation of serious personal misconduct.

Flipkart to kick-off festive sale from 10 October; major e-commerce players get ready to grab large pie of sale
Business

Flipkart to kick-off festive sale from 10 October; major e-commerce players get ready to grab large pie of sale

Ahead of the festive season, major e-commerce players including Amazon India and Flipkart are expected to collectively spend an estimated Rs 400 crore on advertising to boost sales

Flipkart may appoint new group CEO in place of Binny Bansal; Walmart considering internal and external candidates for position
Business

Flipkart may appoint new group CEO in place of Binny Bansal; Walmart considering internal and external candidates for position

Walmart acquired about 77 percent of Flipkart in May, for nearly $16 billion in what was the US retail giant’s largest-ever deal and a move to take on arch rival Amazon in a key growth market.

Flipkart's 2GUD promises refurbished products at 'great prices'; execution key to tapping cost-conscious shoppers, say experts
Business

Flipkart's 2GUD promises refurbished products at 'great prices'; execution key to tapping cost-conscious shoppers, say experts

Flipkart's refurbished goods marketplace 2GUD will compete with similar platforms run by Quikr, OLX, GreenDust, Reboot, Togofogo, Overcart, Shopclues and Amazon.

E-commerce firm eBay scouts for a new Indian partner, in talks with ShopClues and other etailers
Business

E-commerce firm eBay scouts for a new Indian partner, in talks with ShopClues and other etailers

In May this year, eBay had said it was ending its strategic partnership with Flipkart and will relaunch eBay India with a differentiated offering to focus on cross-border trade, according to a PTI report.