After straining to fend off competition posed by its arch rival Amazon, the Bansal brothers have finally handed over the baton to Kalyan Krishnamurthy, the nominee of its most eminent investors Tiger Global.
On Monday, Flipkart brothers transferred the operational control of the company they built over the past decade to Krishnamurthy, as he was named the new chief executive officer (CEO).
5 things to know about Flipkart's new boss
5 things to know about Flipkart's new boss
1. Kalyan Krishnamurthy joined Flipkart last June and is currently heading the Category Design Organisation. He replaced co-founder Binny Bansal, who was made the group CEO.
2. Krishnamurthy earlier