Flipkart CFO Sriram Venkataraman to step down ahead of planned IPO
India Today
Venkataraman joined Flipkart in 2015 and has been part of the company's leadership team through a period of growth and restructuring. During his tenure, he helped strengthen the company's financial operations.
Walmart-owned Flipkart Group’s chief financial officer Sriram Venkataraman is set to step down, as the ecommerce company moves closer to its planned initial public offering.
The company said that Venkataraman, who has been with Flipkart for nearly a decade, will exit over the coming months. A successor has not yet been announced.
His departure comes at a time when Flipkart is preparing for a public listing, expected next year. The timing makes the move significant, as the finance function plays a key role in IPO readiness, including financial reporting, investor communication and regulatory processes.
Venkataraman joined Flipkart in 2015 and has been part of the company’s leadership team through a period of growth and restructuring. During his tenure, he helped strengthen the company’s financial operations.
In a statement, he said it had been a privilege to be part of Flipkart’s journey and to work with the team, adding that he wishes the company continued success.
Flipkart Group CEO Kalyan Krishnamurthy acknowledged his contribution, noting that he played an important role in building and strengthening the company’s finance organisation.
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