Flipkart’s Group CFO Sriram Venkataraman resigns ahead of planned IPO in India

Flipkart Group CFO Sriram Venkataraman is stepping down from his role, the e-commerce major said in a statement on Friday. In the interim, Flipkart CFO Ravi Iyer will oversee the broader finance function.

The development comes ahead of the Walmart-backed company’s planned initial public offering (IPO) in India.