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Flipkart Shakes Up Top Management For Second Time In A Year
Kalyan Krishnamurthy was named chief executive Current CEO Binny Bansal moves into a broader role of group CEO The shake-up follows a series of valuation write-downs for Flipkart
10 Jan 2017, 10:40 AM IST 
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Sachin Bansal will remain executive chairman, and will work closely with Binny Bansal.
Mumbai/Bengaluru: Flipkart, India's leading e-commerce company, shook up its top management for the second time in a year on Monday, naming a former executive of US hedge fund Tiger Global Management, one of its biggest investors, as head of its core business.
The shake-up follows a series of valuation write-downs for Flipkart, which has seen its lead in the online market in the country eaten into by global e-commerce giant Amazon.
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