Flipkart Group CEO post may be abolished after Binny Bansal's exit

Walmart-owned Flipkart may reportedly abolish the position of Group CEO and retain the new reporting structure put in place after Binny Bansal's exit. As per the new structure, PhonePe CEO Sameer Nigam will report to the board of Flipkart Group, like Flipkart CEO Kalyan Krishnamurthy. Flipkart is reportedly planning to spin-off group company PhonePe into an independent company.