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Punit Soni

In Pics: The top level churn in e-commerce

2016 is ending and Indian e-commerce majors - Flipkart, Snapdeal, Jabong, Paytm among others - are grappling with an exodus of management-level executives. All have been aggressively recruiting top talent - including big-ticket Silicon valley veterans - with the millions of dollars they have...

Flipkart's Sachin Bansal confesses he was replaced due to performance

The monthly Friday town hall meetings at Flipkart, where top executives assemble in a hall packed with employees to take questions, came as a shocker for many as the company's co-founder Sachin Bansal confessed he was replaced as chief...

Flipkart denies lay offs; says sometimes people just choose to leave

Dismissing the reports about giving pink slips to the under performing employees, India's largest e-commerce player, Flipkart says the company is not laying off but letting go employees who choose to leave. In an email response to a query, the...

Two more Silicon Valley executives quit Flipkart

India's largest e-commerce marketplace Flipkart's management rejig is continuing even as two more high-profile Silicon Valley hires quit the company last week. ALSO READ: Flipkart rejigs top management, hires ex-Amazon exec Lalit Sarna and Sunil Gopinath were among the top talent in the company. Sarna...

Flipkart legal head Rajinder Sharma quits

Flipkart general counsel and legal head Rajinder Sharma has resigned from the company, joining the growing list of senior managers to leave the online marketplace this year. Sharma, who was earlier the legal head at Samsung Electronics Co. Ltd’s south...

Flipkart shuts chat app Ping and image search feature

Almost 10 months after it launched an in-app chat service Ping, a social commerce feature, e-commerce company Flipkart Ltd has decided to replace it with 'user to seller' chat.  Flipkart has also shut down another link that allowed customers...

Kalyan Krishnamurthy rejoins Flipkart, to head category management

In an attempt to strengthen its leadership team and ward off attack from rival Amazon, Flipkart has bough back its old employee, Kalyan Krishnamurthy, to head category management at Flipkart. Kalyan Krishnamurthy - a managing director at Tiger Global, which...

Vikas Purohit quits Paytm to set his own start-up

Vikas Purohit, senior vice-president at India's largest mobile wallet service, Paytm, has  quit to start his own start-up. Purohit was looking after the business correspondent network for Paytm's upcoming payment banks for which the country's biggest mobile wallet company received...

In Pics: Why Silicon Valley imports are quitting Indian unicorns

Silicon Valley, which became the preferred recruiting grounds for online entrepreneurs last year, appears to be struggling in terms of retaining the Bay Area employees. Over the past one year, Indian e-commerce firms have hired several senior technology executives from...

Flipkart to be more mobile-centric in next two years

Flipkart looks to become more mobile-centric in the next two years through adoption of newer technologies such as artificial intelligence (AI) and social networks, Chief Product Officer Punit Soni said on the sidelines of the Leadership Summit organised by...
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Avenue Supermarts shares plunge over 8%

In terms of volume, 48.77 lakh equity shares of Avenue Supermarts were traded on the NSE and 1.41 lakh...
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