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Flipkart Reshuffles Top Leadership To Revive Sales Growth

E Commerce giant, Flipkart has announced a major reshuffle in its top management. The company has created a bigger role for Kalyan Krishnamurthy, managing director at Flipkart’s largest investor Tiger Global in an effort to streamline its business to revive sluggish sales growth. According to the report published in Live Mint, Krishnamurthy, who started his second stint at Flipkart in June, will now head Flipkart’s marketplace, retail and advertising businesses, The company communicated the development to its employees late on Thursday. Saikiran Krishnamurthy, who was hired as chief operating officer (COO)...