Flipkart Ropes In Walmart Executive Dan Bartlett To Its Board

Ecommerce major Flipkart has roped in Walmart Inc’s senior executive Dan Bartlett to its board of directors. 

He will be a board member, effective November 21, 2024.

“The Flipkart Group has been instrumental in driving transformative change by enhancing value and access for customers across India. It has a significant opportunity to further contribute to job creation while focusing on equitable and sustainable growth,” Bartlett said.

Bartlett, who is currently the executive vice president, corporate affairs at Walmart, has experience in public policy, sustainability and corporate strategy. 

He also oversees corporate real estate and leads the development of Walmart’s new home office campus in Bentonville, Arkansas.

Before joining Walmart, Bartlett held senior positions at public relations firms like Hill+Knowlton Strategies and Public Strategies. 

Kalyan Krishnamurthy, chief executive officer and member of the board, Flipkart Group, said, “Bartlett has been a close partner for Flipkart since our association with Walmart in 2018. We are proud to welcome him to the board, and will greatly benefit from his extensive experience in strategy, and building long-standing responsible and sustainable businesses.”

Meanwhile, Flipkart India, the business to business arm of Flipkart, saw its operating revenue surging over 26% year-on-year to INR 70,541.9 Cr in the year ended March 2024.

Flipkart’s marketplace arm, Flipkart Internet reported a strong 21% growth in its revenue to INR 17,907.3 Cr for FY24. 

The company also managed to narrow its losses by 41% YoY to INR 2,358 Cr during the year ended March 2024.

In the Indian ecommerce market, Flipkart and Amazon dominate as two of the largest players. However, they are facing growing competition from quick commerce platforms such as Blinkit, Zepto, and Swiggy Instamart. To address this, Flipkart has recently entered the quick commerce space with the launch of Flipkart Minutes.