Flipkart Loses Two More Top Executives

Yet another 2 senior executives at Bengaluru-based e-commerce company Flipkart has resigned. Flipkart confirmed the departure of Lalit Sarna and Sunil Gopinath. Sarna was heading the payments product design for Flipkart while Gopinath was the technology lead for the marketplace division.

 Lalit Sarna and Sunil Gopinath

Lalit Sarna and Sunil Gopinath

These exits comes at a time when Flipkart has seen a management overhaul following several top-level exits. Flipkart’s most high profile hire Punit Soni, who came from Google as the e-commerce firm’s chief product officer quit the firm this year. In February, Mukesh Bansal resigned weeks after a top-level restructuring put co-founder Binny Bansal on the CEO’s seat. Soon after, Ankit Nagori resigned. Manish Maheshwari, who was vice-president and head seller ecosystem at Flipkart left the firm as well.

Flipkart, which is now led by chief executive officer Binny Bansal, has focused on reducing expenses and is aiming to become profitable.

“Initiatives that are product-driven like image search are being scrapped and business-led launches including exchange days and advertisements have been given priority,” said one person directly aware of the changes.

Gopinath, the technology lead for the marketplace business, was in charge of initiatives such as building products for the marketplace division, including helping merchants list on the platform and monitoring their performance. Whereas Sarna joined Flipkart as head of the payments and transactions business after selling his luxury home decor company Style Ashram.

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