Bansals’ hands in abrupt ouster?: Ex-COO Nitin Seth sends legal notice to Flipkart

Flipkart

Flipkart’s former Chief Operating Officer (COO) Nitin Seth has sent a legal notice to the company over the way in which he was ousted, said a report by ET.

Seth has termed his ouster from the e-commerce giant as illegal and asked for an explanation over the decision. Entrackr attempt to reach to Seth remains unanswered at the time of publishing this report. Former COO had quit Flipkart in May 2017.

Addition to being a COO, he also donned the hat as head of in-house logistics firm Ekart. He also led the HR functions. Before joining Flipkart, he was country head of investment firm Fidelity International in India. He had replaced Mekin Maheshwari, one of the highest-paid executives at Flipkart at the time.

Seth first joined Flipkart as Chief People Officer in March 2016. In six months, he was elevated to Chief Administrative Officer by August and after four months he was promoted to COO, which didn’t even last six months. According to sources in Flipkart, his elevation was mysterious. Nobody has seen such promotion within so little time in the firm, said sources on the condition of anonymity.

After his exit, Kalyan Krishnamurthy, a former Tiger Global executive, took the complete control of top functions at the company. Besides, Flipkart’s founders Binny Bansal and Sachin Bansal were reportedly not pleased with Seth’s performance. Corporate Communications and Government Relations were taken from him, weeks before his resignation. They are also looking to hire senior executive as a chief product officer and a senior engineer to take its technology at the par with Amazon.

Flipkart, in last two years, has witnessed resignations of top-level hires soon after joining. While Flipkart being in news for hiring and legal notices, its rival Amazon has successfully organised Prime Member sale, which is reported to be telling another growth story of the online marketplace in India.

Comments

LEAVE A REPLY

Please enter your comment!
Please enter your name here