Flipkart CEO Joins Board In Reshuffle Ahead Of Overseas IPO In 2021

Flipkart Group CEO Kalyan Krishnamurthy will join the company’s board

HDFC’s Keki Mistry, Suresh Kumar, global chief technology officer at Walmart, and Leigh Hopkins, the executive vice president of international strategy and development for Walmart International will also be given a seat

In September this year, Reuters reported that Walmart-owned Flipkart is eyeing an overseas listing in 2021, one that could value the firm at $50 Bn.

Indian ecommerce major Flipkart has made a slew of changes to its board, as the company prepares aggressively for an initial public offering (IPO) next year

Flipkart Group CEO Kalyan Krishnamurthy will join the company’s board along with HDFC’s Keki Mistry, Suresh Kumar, global chief technology officer at Walmart, and Leigh Hopkins, the executive vice president of international strategy and development for Walmart International.

Meanwhile, four current board members — Steuart Walton, grandson of Walmart founder Sam Walton; Dirk Van den Berghe,…

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