After Binny Bansal's exit mode, Flipkart announces top talent recruitment

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Representational Image
Representational Image

New Delhi : It seems that the Walmart-acquired Flipkart is a bit disturbed after the sudden exit of CEO and chairman Binny Bansal. The management is all set to hire top talent in the field of marketing, technology, supply chain management, human resources and product. Sources confirmed that the US-based retail shop will relocate staff from overseas so that the Indian business aligns with Walmart’s global processes.

“Flipkart is committed to growing ecommerce in India and particularly to innovating to get the next 200 million customers online! In line with that vision, we have aggressive growth plans in place and a large focus on getting top talent at all levels,” a company spokesperson told the financial daily in an email.

Also, a publication mentioned that a Bengaluru-based headhunter is accessing at least five names on behalf of India’s largest ecommerce company for senior leaders in domains such as logistics, supply chain, marketing and technology.

Walmart wish to see Flipkart in top position with no close competition in the ecommerce space, the executive recruitment agency’s senior partner told ET on condition of anonymity. Flipkart is considered as the best paymaster in the ecommerce sector and there is no limit to the amount of money that can be offered as remuneration. Top management executives are paid over Rs 5 crore a year, the report said.

James Agrawal, managing director, BTI Executive Search, told the publication, “Despite a few exits, hiring at senior level would continue and this would include hiring for both replacement and fresh profiles.