While Flipkart delayed the pay hikes of its employees, CEO Kalyan Krishnamurthy, on Sunday, announced the promotion of five executives to senior VP positions via email. Manish Kumar will lead Flipkart’s grocery division whereas Anand Lakshminarayan, Ranjith Boyanapalli and Ravish Sinha will lead Flipkart Data Group, Fintech and Payment division, and Search at Flipkart respectively. Former Chief of Staff, Ravi Iyer, will look after Flipkart’s IPO journey.

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