Kalyan Krishnamurthy

BENGALURU: It was a Friday cheer for Flipkart employees after they cashed in on a $700-million employee stock ownership plan (esop) buyback. About 20,000 employees are expected to be eligible for the payout, sources said. Walmart-backed…

In an interesting turn of events, Flipkart’s senior vice-president Prakash Sikaria, who was slated to leave the ecommerce firm to float a startup, is staying back and will set up a new business venture within the group, multiple people…

E-commerce major Flipkart's Group CEO Kalyan Krishnamurthy said the Walmart-owned company would look at multiple geographies, including India, for its planned IPO."The listing will eventually happen. Regarding geography, we will look at…

Flipkart and PhonePe are ‘parting ways’. Flipkart has completely separated its business operations from Phone’s, the two entities announced, saying that the move would allow both to chart their own growth paths. PhonePe Groupwas acquired…

Indian e-commerce giant Flipkart acquired PhonePein 2016 and moved the payments firm's entire base to the country from Singapore. Now, both companies have confirmed that Flipkart no longer owns a stake in PhonePe. Both companies have now…

As the Flipkart- PhonePe separation process was formally announced on Friday, Kalyan Krishnamurthy, CEO of the Flipkart group, sent an internal note to the web e-tailer’s employees informing them about "a one-time discretionary cash payout…

During a panel discussion at The Economic Times Startup Awards 2022 in Bengaluru on Saturday, Flipkart group CEO Kalyan Krishnamurthy said Indian startups must focus on surviving the next 12-18 months as the effects of the current funding…

Flipkart group CEO Kalyan Krishnamurthy said at The Economic Times Startup Awards 2022 (ETSA) that Indian startups will go through a lot of turmoil and volatility over the next 12-18 months, as the funding crunch will start to affect…

Like previous editions, this year’s Economic Times Startup Awards ceremony, held in Bengaluru on Saturday night, served to facilitate dialogue between policymakers and the startup community.Several hot-button issues were discussed on the…

The Indian startup ecosystem is feeling the reverberations of the global tech turbulence wrought by inflationary pressures and high interest rates, which have pummelled technology stocks since the start of the year. Investor skittishness…