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Flipkart Announces New Additions to Leadership Team

Bangalore, November 12, 2014: Flipkart, India’s largest e-commerce marketplace, today announced the addition of two new members to leadership positions within Flipkart. The positions announced are the Vice President of Fashion (Retail) and the Vice President of HR (Supply-Chain).

Rishi Vasudev joins Flipkart as the new Vice President- Fashion (Retail). Rishi brings with him over 15 years of experience in the fashion and retail industry with his last stint being the CEO of Calvin Klein India. Starting his career with the Aditya Birla Group, Rishi has worked with companies like Louis Philippe, Arvind Brands- where he led the end-to-end makeover for brands like Arrow, Gant and Izod. His rich portfolio of work experience includes building, enabling and sustaining various fashion brands in India. In his new role Rishi will spearhead P&L for all fashion categories at Flipkart.

“Fashion is very strategic to us and we have seen tremendous growth for the category this year. We are continuously expanding our selection and experience for the lifestyle category. To drive this agenda forward, we are very excited to have Rishi join our team. Rishi has a proven track record of transforming the fashion industry and delivering results. We are very confident that Rishi will help take the fashion experience to the next level for Flipkart customers.” said Mukesh Bansal, Head – Fashion, Flipkart

Parameswaran Balakrishnan joins the organization as Vice President- HR for supply chain. His role will involve driving all business partnering, talent acquisition and functional L&D for supply chain at Flipkart.

Parameswaran has over 2 decades of experience working with large organizations like Toyota and Tata Motors. He started his career as a quality control engineer and then went to explore various functional domains like manufacturing, human resources and employee relations. He also has exposure to global manufacturing practices through his stint at Toyota, Japan. He has been one of the key leaders involved in implementing the Toyota production system and driving the organization cultural change interventions at Toyota India. In his previous assignment, he was heading employee relations and CSR of Tata Motors ltd, India operations.

“These new additions to Flipkart’s leadership team show the importance we place on identifying and securing the best talent available.  We are quite excited to have Param join us. He is a passionate and highly driven individual and as part of Flipkart’s HR leadership he will work towards achieving operational and cultural excellence in our rapidly expanding supply-chain team.” said Mekin Maheshwari, CPO, Flipkart.

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