Flipkart Appoints New Finance Chief as IPO Preparations Accelerate
Overview
Walmart-owned Flipkart has appointed Gunjan Bhartia as Senior Vice President, Business Finance, for its logistics arm, eKart. With over 28 years of global finance experience, Bhartia will oversee financial planning and strategic transformation. This move occurs as Flipkart advances its plans for a potential Initial Public Offering (IPO) and shifts its domicile to India.
Walmart-owned Flipkart has bolstered its finance division with the appointment of Gunjan Bhartia as Senior Vice President for eKart, the company's logistics and supply chain arm.
New Leadership in Business Finance
Bhartia, who brings over 28 years of international finance experience from roles at Coupang and GE, will spearhead eKart's business finance operations. His mandate includes enhancing financial planning, driving performance discipline, and leading strategic transformations as Flipkart fortifies its supply chain infrastructure across India.
Strategic Moves Towards Public Listing
The appointment comes amid significant preparations for Flipkart's potential public listing. Recent developments include the company receiving approval in December 2025 to shift its corporate domicile from Singapore to India. This structural change is widely viewed as a critical step towards facilitating an eventual IPO.
Management Confidence
Ravi Iyer, Flipkart's Chief Financial Officer, expressed enthusiasm for Bhartia's arrival. "His experience in transformation finance, capital discipline, and governance will add significant strength to eKart while supporting the Group's long-term value creation," Iyer stated. Bhartia will report directly to Iyer, who recently moved into the CFO role.
