Flipkart’s SVP Prabh Simran Singh and VP Sankalp Mehrotra set to quit

Sandeep Karwa, Vice President, Flipkart Ads, is the newly appointed leader for Flipkart Ads, the company said in a separate media release on May 20.

Prabh Simran Singh, Senior Vice President (SVP) of Customer Growth and Retention, Marketing and Ads at Flipkart, is on his notice period and will be leaving the company in the coming weeks, people aware of the developments told Moneycontrol.

Similarly, even Sankalp Mehrotra, Vice President (VP) of Monetisation at Flipkart, is serving his notice period and will be leaving the Walmart-owned company in the coming weeks, sources added.

With the departures, Singh and Mehrotra join a growing list of senior executives who have left Flipkart in the past few months. Several top executives at large companies have been leaving to mostly start up on their own as they look to scale small businesses into large brands, again.

While Singh joined Flipkart in August 2022, after stints at Disney Hotstar and Google, Mehrotra has been with Flipkart for over eight years. The role of leading Flipkart ads has already been handed over internally, one of the people cited above told Moneycontrol.

Sandeep Karwa, Vice President, Flipkart Ads, is the newly appointed leader for Flipkart Ads, the company said in a separate media release on May 20. Karwa has been with Flipkart for over 12 years now after stints with Arvind Fashions and Wildcraft India.

Flipkart did not immediately respond to Moneycontrol’s emails seeking details.

Churn continues

Singh and Mehrotra are the latest to quit Flipkart, joining other executives who have departed over the past few months.

In February Moneycontrol had first reported that Sandeep Kohli, SVP and head of data centres was leaving Flipkart after nine years with the company. Along with Kohli, Amitesh Jha (head of marketplace and categories), Bharath Ram (SVP of Growth and Retention) Ayyappan R (Cleartrip head) and Dheeraj Aneja (head of fintech and payments) all quit Flipkart around the same time.

"Our approach to enabling wealth creation and career planning for all employees has given several individuals the opportunity to pursue the next phase of their careers, which has led to some exits among senior management," CEO Krishnamurthy had said in a note when the senior executives were departing.

"Amitesh, Ayyappan, Bharath and Dheeraj are part of this talented set of visionary leaders who have chosen to embark on journeys beyond Flipkart...Flipkart's growth in the past decade would have been impossible without their contribution, and we wish them the best in their new ventures and pursuits....we will continue looking for ways to partner with these leaders in the future through the businesses they create," his note added.

These exits come at a time when Walmart, Flipkart’s parent company, said it is assessing the right time for Flipkart’s IPO, as reported by Moneycontrol earlier.

“We’re looking and exploring when would be the right time to IPO that (Flipkart) business. There’s strong growth in Flipkart and in PhonePe and we’re excited about the India market,” a Walmart executive told analysts after announcing the company’s results on May 16.