Who is the Present CEO of Flipkart?
VerifiedAnswer: Sachin Bansal
Explanation:
I need to provide you with an important correction regarding this answer. Sachin Bansal is not the current CEO of Flipkart. This information requires an update to reflect the accurate leadership structure of the company.
Sachin Bansal was indeed one of the co-founders of Flipkart, along with Binny Bansal (no relation despite sharing the same surname). They started the company in 2007 from a small apartment in Bengaluru. However, Sachin Bansal stepped down from his role and completely exited Flipkart in 2018 when Walmart acquired a majority stake in the company.
The current CEO of Flipkart is Kalyan Krishnamurthy, who took over the leadership role in 2017. Before joining Flipkart, Krishnamurthy was a senior executive at Tiger Global Management and had previously worked at McKinsey & Company. He has been instrumental in steering Flipkart through various strategic initiatives and maintaining its position as India's leading e-commerce platform.
Here's a brief timeline of Flipkart's leadership changes:
• 2007-2016: Sachin Bansal served as CEO during Flipkart's initial growth phase
• 2017: Kalyan Krishnamurthy was appointed as CEO
• 2018: Sachin Bansal exited the company entirely following Walmart's acquisition
• 2017-Present: Kalyan Krishnamurthy continues as CEO
Understanding corporate leadership changes is important for students studying business and current affairs. Companies often undergo leadership transitions as they grow and evolve. In Flipkart's case, the transition from founder-led management to professional management under Krishnamurthy has helped the company navigate the competitive e-commerce landscape in India and expand its operations significantly.
