Kalyan Krishnamurthy replaces Binny Bansal as Flipkart CEO

Former Tiger Global executive Kalyan Krishnamurthy, who joined Flipkart in June 2016 as head of commerce unit, has been named as the new CEO of Flipkart replacing Co-founder Binny Bansal. Bansal will be moving to a newly created position of Group CEO. The move comes one year after Binny Bansal took over as CEO from Co-founder Sachin Bansal.