Flipkart's logistics arm Ekart's head quits
A day after Flipkart announced the appointment of Kalyan Krishnamurthy as CEO and elevation of Binny Bansal to Group CEO role, its logistics arm Ekart's head Saikiran Krishnamurthy reportedly quit the startup. Flipkart promoted Chief Administrative Officer Nitin Seth as Chief Operating Officer as well as Ekart's head. Reports suggest more senior executives are likely to quit Flipkart next month.