Flipkart sees string of senior-level exits

Walmart-owned, e-commerce major, Flipkart is witnessing a string of high-profile executive exits. Sources said that at least four senior leaders, including a senior vice president and three vice presidents, have stepped down from their roles in recent weeks, signaling deep churn within the company’s top brass amid mounting competitive and financial pressures.

Among those departing is Ankit Jain, senior vice president and head of grocery and large supply chain, who is set to join rival Swiggy Instamart. Jain will take over as SVP at Instamart, replacing Sairam Krishnamurthy, who had joined the food and grocery delivery platform in August 2024 after a stint at More Retail. Jain will work alongside Instamart CEO Amitesh Jha, a former Flipkart executive.