Flipkart Ropes In Tokopedia’s Executive Ramesh Gururaja As SVP Of Consumer products

SUMMARY

Gururaja will be reporting to the chief product and technology officer Jeyandran Venugopal.

He served Tokopedia for over five years as the chief product officer and head of shared consumer platform for GoTo

Earlier this year, four senior vice presidents (SVPs) left Flipkart as the company was looking to turn profitable by cutting down its monthly expenses

Walmart-owned Flipkart has appointed Indonesian ecommerce company Tokopedia’s executive Ramesh Gururaja as senior vice president of consumer products.

As per The Arc’s report, Gururaja will be reporting to the chief product and technology officer Jeyandran Venugopal.

Earlier this year, four senior vice presidents (SVPs) left Flipkart as the company was looking to turn profitable by cutting down its monthly expenses. Among them, include travel booking website Cleartrip’s head Ayyappan R, marketplace and categories leader Amitesh Jha, fintech and payments head Dheeraj A, and growth and retention head Bharath Ram.

As per his LinkedIn profile, Gururaja served Tokopedia for over five years as the chief product officer and head of shared consumer platform for GoTo. Prior to that, he worked with Amazon for more than three years under two senior positions. He has also worked with Microsoft for about 16 years in various managerial roles.

“This is an important role… All customer facing products..search, recommendation, apps will come under one person now,” said the report quoting a source familiar with the matter.

Founded by Binny Bansal and Sachin Bansal, Flipkart is one of India’s major ecommerce platforms that compete with the global giant Amazon.

However, the company has been facing headwinds in terms of retaining its position in the market with the numerous senior level exits in 2024.

Prior to the mass senior vice president exits, Binny Bansal resigned from the board of the ecommerce giant, completely ending his association with the company.

It is to be noted that Phonepe parent Flipkart brought Google on board as a minority investor as part of the funding round led by Walmart, in May, without disclosing the financial terms of the round.

The company, recently, made its quick commerce service called Flipkart Minutes live in parts of Bengaluru amid the increasing popularity of the segment.

Earlier this month, the Bengaluru-based company also appointed Myntra CEO Nandita Sinha to helm the operations of Flipkart Fashion.

Additionally, Meesho’s CXO of monetisation Harsh Chaudhary joined Flipkart as the vice president of customer in February 2024 and is responsible for driving platform traffic and growing the transacting customer base.