Flipkart’s chief product and technology officer (CPTO) Jeyandran Venugopal has resigned from the ecommerce giant
Venugopal was with Flipkart for the last six years and is currently a chairperson of Nasscom Deeptech Council
Venugopal oversaw various domains like product management, engineering, design and user research, data science etc
Flipkart’s chief product and technology officer (CPTO) Jeyandran Venugopal has resigned from the ecommerce giant due to personal reasons.
In an internal note, Flipkart
CEO Kalyan Krishnamurthy wrote, “I am writing to inform you that Jeyandran Venugopal, Chief Product & Technology Officer at Flipkart, has decided to leave Flipkart for personal reasons.”
The development was first reported by Economic Times.
Venugopal was with Flipkart for the last six years and is currently a chairperson of Nasscom Deeptech Council, as per his Linkedin profile. Before Flipkart, he also worked at Myntra for over a year.
Venugopal oversaw various domains like product management, engineering, design and user research, data science, IT, security, infrastructure, product operations, critical P&L functions (ads, loyalty), platform growth, among others, at Flipkart.
“During his initial years with the group, he was instrumental in revamping Mynta’s platform and improving customer experience/innovation. Subsequently, at Flipkart, he has driven several emerging technology and product-led innovations, significantly enhancing our platform’s resilience, scale and architecture, anchoring several strategic partnerships, and served on several internal and external boards representing Flipkart in critical and strategic forums. In addition, Jey has built a strong technology leadership team and has hired, mentored and groomed several senior technology leaders in the company,” Krishnamurthy added.
The CEO added that he would work with Venugopal to ensure a smooth transition over the next three months.
Meanwhile, Flipkart’s vice president (VP) of ads business Sandeep Karwa has also quit the company. He disclosed this in a LinkedIn post on Wednesday (February 5).
“After 13 incredible years, today I say goodbye to a place that has been more than just a workplace—Flipkart has been my second home, my school, and my playground all wrapped into one,” Karwa said in the post.
Before Flipkart, Karwa was on the board of directors of Wildcraft India.
In June last year, four senior VPs also quit the Walmart-owned ecommerce giant.
On the business front, Flipkart has now forayed in the quick commerce segment with the launch of ‘Flipkart Minutes’ to take on incumbents like Zomato’s Blinkit, Swiggy Instamart and Zepto amid the rising popularity of the service in the country.
However, Flipkart continues to remain a loss-making entity. Flipkart Internet, the marketplace arm of the ecommerce major, posted a 41% year-on-year (YoY) decline in its net loss to INR 2,358 Cr in FY24, while operating revenue zoomed 21% YoY to INR 17,907.3 Cr .
