Flipkart: Sachin Bansal to be Executive Chairman, Binny Bansal CEO

Flipkart CEO Binny Bansal will now be responsible for operationally driving the company and will be accountable for overall performance.

By: Tech Desk | New Delhi | Updated: January 12, 2016 9:38 am
Flipkart, Sachin Bansal, Binny Bansal, Flipkart management changes, Flipkart news, Flipkart owner, Flipkart chairman Flipkart’s Sachin Bansal (Left) and Binny Bansal (right). Binny Bansal will now be the CEO, while Sachin will be exec chairman.

E-commerce major Flipkart has announced that Sachin Bansal, CEO and Co-founder of Flipkart, will now be the Executive Chairman of the company and Binny Bansal, COO and Co-founder of Flipkart, will be its Chief Executive Officer.

“In his role as Executive Chairman of Flipkart, Sachin will provide strategic direction for Flipkart, mentor the senior leadership of the company and look for new investment opportunities. He will play an active role in championing the Indian e-commerce sector and building the internet ecosystem, and represent the company in external forums. Sachin will continue to be the Chairman of the Board,” a blog post said.

The post quoted Sachin Bansal: In this next phase of the journey, it will be our endeavour to fulfil this responsibility and prove that India can produce a world class internet company that can outshine any global behemoth. We also want to continue to play a pivotal role in shaping the internet and the commerce ecosystem of India.”

Share This Article
Share
Related Article

CEO Binny Bansal will now be responsible for operationally driving the company and will be accountable for Flipkart’s overall performance. All the business areas – Commerce, Ekart and Myntra will now report to Binny. All Corporate functions including Human Resources, Finance, Legal, Corporate Communications and Corporate Development will also report to Binny.

“At Flipkart, we have come a long way in our eight year journey. Today, we are in a very strong leadership position with over 60% market share of the m-commerce market, 50 million customers and clear leadership in smartphones and fashion. The journey ahead is equally exciting and challenging. Flipkart has all the necessary ingredients of brilliant talent and great technology to win this next phase as well. We will continue to build world-class customer experience, expand our supply chain infrastructure to reach all parts of India, drive innovations in mobile commerce and bring in disruptive technologies,” Binny Bansal said.

Mukesh Bansal will continue to be the Head of Commerce Platform, Flipkart’s core business, and will have additional responsibility of the ads business. Mukesh will also continue in his role as Chairman of Myntra.

Mukesh Bansal, Head of Commerce Platform said “These are exciting times for Flipkart. We have achieved leadership in e-commerce based on our focus on the Indian consumer and a great execution capability. Today, Flipkart is a brand trusted by millions across India backed by a robust seller ecosystem and world-class technology. We are confident that in the coming years, we will continue this momentum as we spread the benefits of e-commerce across the length and breadth of India.”

For all the latest Technology News, download Indian Express App

  1. B
    Bhawna
    Jun 11, 2016 at 7:45 am
    Am purchase the new phn its not working am return the phn your company but my refund is not back not resived call back your company is useless and fake
    Reply
  2. B
    Bhawna
    Jun 11, 2016 at 7:51 am
    Kindly refund my 599 rs plsss also given to your phone so why my pro stilllt;br/gt;not slove my account no :-50330172438 IFSc no ;- ALLA0212926 bank name is ;lt;br/gt;Allahabad banklt;br/gt;lt;br/gt;gt; Thknu you I don't thing so my pro will be resolve bcoz I thing Filip katlt;br/gt;is good aap and use full .am also purchase many thing . I have already phnlt;br/gt;wid me but this phone use my office so its shown low battery and no signallt;br/gt;why .amount is not important for me .just resolve my issue ASAP am also Ilt;br/gt;get my cash back lt;br/gt;lt;br/gt;Am also resived the mes your side two time Dear Bhawna Sharma , We could not process the refund for your order id OD406139502622403000 today. To successfully retry this refund, Check your
    Reply
  3. B
    Bhawna
    Jun 11, 2016 at 7:49 am
    Kindly refund my 599 rs plsss also given to your phone so why my pro stilllt;br/gt;not slove my account no :-50330172438 IFSc no ;- ALLA0212926 bank name is ;lt;br/gt;Allahabad banklt;br/gt;lt;br/gt;gt; Thknu you I don't thing so my pro will be resolve bcoz I thing Filip katlt;br/gt;is good aap and use full .am also purchase many thing . I have already phnlt;br/gt;wid me but this phone use my office so its shown low battery and no signallt;br/gt;why .amount is not important for me .just resolve my issue ASAP am also Ilt;br/gt;get my cash back lt;br/gt;lt;br/gt;Am also resived the mes your side two time Dear Bhawna Sharma , We could not process the refund for your order id OD406139502622403000 today. To successfully retry this refund, Check your r
    Reply
  4. S
    Sourabh
    Jul 18, 2016 at 6:01 pm
    Sir I want to join in your Company I completed PUC sir can you give me job in Flipkart I requesting you sir plz offered job me
    Reply
  5. V
    vani
    Mar 15, 2016 at 9:11 am
    NOT GETTING ORDERS AND RATING YOR SITE i am not rating and orders but showing your site because i how to improve i am doing Campaign also Campaign Name:lahari,satish metrics:Seller Rating Overview 100% Positive 4.5 0 Reviews 2 Ratings You are in Top 5% Sellers based on your Cancellations Top 10% Seller's Cancellation is 0% ,RTD Breaches , showing your flipkartsite what is the reason i am not getting order and rating kindly verfiy this issue. 2.5% RTD Breached Units 2 Total RTD Unints You are in Bottom 50% Sellers based on your Dispatch Breaches Top 10% Seller's Dispatch Breach is 0% , I AM SEND MAIL TO SELLERSUPPORT THAT IAM GETTING ORDER ONE OR TWO WHAT IS THE REASON GIVING THAT TIME ORDERS I WILL SEND MAIL. I AM SEND THIRD TIME SAME ISSUE PLZ VERFIY SIR THIS TYPE ISSUE. Incident ID: 160315-005614 Thank you for reaching out to us on 15/03/2016 01.30 PM regarding your issue. This is to acknowledge that we have received your request and will revert to you on the next steps in 24 hours. In the interim you can make a note of the Incident ID as mentioned above for reference. With warm regards, Seller Support Team anytime get same answer this topic.Letter to Sachin Bansal : CEO/Founder, Flipkart
    Reply
  6. V
    VIVEK
    Jan 11, 2016 at 9:46 am
    I have a question for Sachin B ? When does he intend to become Chairman Emeritus of Flipkart?
    Reply
  7. Load More Comments