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Flipkart's CFO is leaving ahead of its 2026–2027 IPO as the company restructures and cuts staff.
Flipkart Group CFO Sriram Venkataraman is stepping down after over a decade with the company, ahead of its planned Indian IPO in late 2026 or early 2027.
He will remain temporarily to ensure a smooth transition, with Ravi Iyer taking interim leadership of finance.
The company also appointed Nishant Verman as Senior Vice President for Corporate Development and Partnerships.
These changes come as Flipkart finalizes its move from Singapore to India, merging key entities under Flipkart Internet Private Limited, and preparing for public market scrutiny.
The firm reported a growing loss in FY25, with expenses rising alongside revenue, and recently conducted layoffs affecting 400 to 500 employees.
El CFO de Flipkart se va antes de su IPO 2026 2027 a medida que la compañía reestructura y recorta personal.