Latest Information | Abode Shift Key Action In Aligning Very closely with India’s Eco, Regulatory Landscape: Flipkart CEO
Get the latest articles and stories on Latest News at LatestLY. Flipkart CEO Kalyan Krishnamurthy highlighted the company’s growth energy and focus on future readiness as he described the planned domicile shift to India as a significant step towards aligning more closely with the economic and regulatory landscape.
New Delhi, May 26 (PTI)
Flipkart CEO Kalyan Krishnamurthy emphasized the firm’s growth momentum and future readiness during an internal ‘Flipster Link’ event. He mentioned a 6-fold increase in AI investments, reaffirmed the focus on profitability, and discussed Flipkart’s IPO plans aligned with the company’s purpose.
At the event, key leaders highlighted strategic momentum in various aspects including talent procurement, leadership development, technology, and consumer focus. Sources confirmed a strong uptick in consumer growth and orders, aiming for a 30% increase by June.
Krishnamurthy noted the focus on technology, disruption, and customer experience, emphasizing the move of Flipkart’s legal domicile to India as a significant alignment with the country’s economic and regulatory landscape.
Seema Nair, CHRO at Flipkart Group, praised the leadership bench and highlighted the organization’s focus on skill development, leveraging AI across the business, and fostering a future-focused team to lead India’s digital retail evolution.
Conclusion:
Flipkart’s strategic moves towards aligning with India’s economic landscape and its focus on technology and customer-centricity showcase its commitment to growth and leadership in the e-commerce sector.