Flipkart, which recently announced top-level changes, said the restructuring is aimed at “improving operational efficiencies”. Flipkart, which recently announced top-level changes, said the restructuring is aimed at “improving operational efficiencies”. 2017 will be a defining year for Flipkart as the company is looking to take “decisive lead” in the Indian market, its co-founder Sachin Bansal has said. Earlier this week, in a major restructuring, Flipkart brought all its units under an umbrella firm and elevated Binny Bansal as the Group Chief Executive Officer. Sachin Bansal will continue as executive chairman.

Source: Indian Express January 12, 2017 03:57 UTC