Flipkart head of new biz Adarsh Menon quits, group CEO Krishnamurthy rejigs team

By Daisy On May 17, 2023

Adarsh Menon, a senior vice president at Flipkart and head of its new verticals like Cleartrip, Shopsy and the recommerce business, is leaving the firm to start his own venture, sources aware of the matter said. Menon, who joined Flipkart from HUL in 2015, delved into multiple businesses at the Walmart-owned ecommerce firm through the years including private labels and wholesale business.

Meanwhile, Pranav Tiwari has joined the Bengaluru-based firm as an SVP.

Menon was made head of Flipkart’s new businesses last July when another senior executive Prakash Sikaria was finalising his plans to leave the firm. However, ET reported on May 17 that Sikaria is staying back and will set up a new credit marketplace business within the Flipkart group.

Flipkart group CEO Kalyan Krishnamurthy has been adding new business verticals like social commerce (Shopsy), epharamcy (Flipkart Health Plus) and others over the last two years.

In a note to employees, Krishnamurthy said on Wednesday that with Menon’s exit, the company will “restructure his portfolio under different leaders to provide a specific focus”.

“The recommerce organisation will move under Hemant Badri, the Shopsy organisation will move under Amitesh Jha, and the Cleartrip organisation will move under Ajay Veer Yadav. Following this change, Ashutosh Chandel will report to Hemant Badri, Kapil Thirani will report to Amitesh Jha, and Ayyappan R will report to Ajay Veer Yadav. The transition will take place over the next few weeks,” Krishnamurthy said in the note reviewed by ET.

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Thirani is the head of Shopsy now while Ayyapan R was made CEO of Cleartrip in 2021.

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