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Flipkart Elevates Ravi Iyer to E-Commerce CFO as Sriram Venkataraman Moves to Group Role

Following a wave of senior departures, the change highlights Flipkart's drive to reinforce financial leadership under Walmart's backing

Overview

  • Effective immediately, Ravi Iyer takes on CFO duties for Flipkart’s e-commerce arm while retaining his roles in corporate development, finance planning and analysis, investor relations and the CEO’s office
  • Iyer now reports to Sriram Venkataraman, who has shifted from e-commerce CFO to oversee finance for the entire Flipkart Group, including Myntra and Cleartrip
  • The appointment brings Kannan Ganesan, Amit Sood and Ashish Surana under Iyer’s leadership in key business finance and FP&A functions
  • The leadership reshuffle follows the recent exits of three vice presidents—Prajakta Kanaglekar (HR), Anurag Singhvi (analytics) and Ganesh Ramaswamy (Flipkart/CPTO Cleartrip)—and Ankit Jain’s move to Swiggy’s Instamart
  • The changes underscore Flipkart’s focus on financial stability and governance as it navigates market pressures under Walmart’s ownership