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News18
7 days ago
- Business
- News18
Flipkart To Create 5,000 Jobs In 2025; Hiring Focus On AI, Quick Commerce, Fintech
Last Updated: A major share of Flipkart's hiring will target its hyperlocal delivery arm, Flipkart Minutes, and its growing fintech platform, Super Money Flipkart, the Walmart-owned e-commerce giant, plans to add 5,000 employees to its workforce in 2025 as it expands its focus on quick commerce, fintech, and AI, according to Moneycontrol. On May 26, Chief HR Seema Nair announced the hiring plan during the company's townhall, Flipster Connect. A significant portion of this recruitment will be directed towards Flipkart's hyperlocal delivery branch, Flipkart Minutes, and its expanding fintech platform, Super Money. Flipkart Minutes aims to leverage the increasing demand for ultra-fast delivery of groceries and essential goods, competing with rivals like Blinkit, Zepto and Swiggy Instamart. Group CEO Kalyan Krishnamurthy stated that Minutes is performing exceptionally well and is central to Flipkart's strategy to secure a significant position in the hyperlocal market. In contrast, according to some reports Walmart is planning layoffs, following similar moves by Microsoft and Amazon. Reports indicate that Walmart may lay off around 1,500 employees, primarily affecting corporate staff at its Bentonville headquarters in Arkansas, and other offices. However, it has also been reported that Walmart plans to create new positions, which means that new vacancies will emerge following the layoffs.
New Indian Express
27-05-2025
- Business
- New Indian Express
Flipkart to hire 5,000 employees in 2025
Walmart-backed ecommerce giant Flipkart will hire at least 5,000 employees in 2025 amid AI push. According to sources, Flipkart CEO Kalyan Krishnamurthy and chief human resources officer (CHRO) Seema Nair told employees at the company's townhall 'Flipster Connect' that the company will be hiring 5,000 employees and that a majority of these hires will be working at Flipkart Minutes, which is the firm's quick commerce arm and its fintech platform. They unveiled the hiring plan as an employee asked them about recruitment plans going forward considering the present market conditions and uncertainty environment. Sources also said that the CEO spoke about the ecommerce firm's strong uptick in customer growth and that the organisation is focused on Artificial Intelligence as there has been a 6X increase in investment in the AI space. He also said that Minutes is doing well and that they are targeting 800 dark stores by the end of this year.
India.com
27-05-2025
- Business
- India.com
Amid sacking across globe, this company to hire 5000 employees, not Narayana Murthy's Infosys, Mukesh Ambani's Reliance, TCS, IBM, Microsoft, Google, name is….
Amid sacking across globe, this company to hire 5000 employees, not Narayana Murthy's Infosys, Mukesh Ambani's Reliance, TCS, IBM, Microsoft, Google, name is.... What comes as good news for job seekers is that India's leading e-commerce company, Flipkart, is going on a hiring spree. It is set to hire 5,000 employees this year to support its expansion in quick commerce and financial technology, Moneycontrol reported. Not only that, the company is also investing heavily in artificial intelligence (AI). According to sources, Flipkart's Chief Human Resources Officer, Seema Nair, shared this development at Flipster Connect on May 26. The new workforce will be deployed at Flipkart Minutes and The talent push comes as the company switch into high gear. Flipkart Minutes aims to fulfil the increasing demand for ultra-fast deliveries in groceries and essentials at the same time competing with Blinkit, Zepto and Swiggy Instamart. According to Group CEO Kalyan Krishnamurthy Minutes is performing well and is a major part of the company to carve a significant slice of the hyperlocal market. Flipkart is expanding its financial services arm, by increasing its workforce in product development, technology, and business operations. This expansion is driven by rising consumer demand for credit and payment products. Employee stock options (ESOPs) may be offered liquidity, contingent upon the achievement of specific company targets. Flipkart, in preparation for an initial public offering (IPO) and a relocation of its headquarters from Singapore to India. it is imposing cost-cutting decisions as directed by its board. This includes a major reduction in its monthly cash burn, aiming to decrease it from USD 40 million to USD 20 million, and an annual target of USD 250 million. The company faces financial pressure to achieve these targets. Despite these hurdles, Flipkart is going all in for growth, targeting 30 percent growth in customer and order volumes by June. The e-commerce company is investing heavily in AI with a six-fold increase to future-proof its offerings and improve customer experience. Flipkart's hiring comes amid internal leadership churn and focus on the company's profitability. Flipkart is preparing for its initial public offering (IPO) by focusing on operational efficiency, customer-focused innovation, and employee development. This strategy aims to balance rapid growth with cost management.
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Business Standard
26-05-2025
- Business
- Business Standard
Flipkart CEO Krishnamurthy signals strong growth amid India IPO plans
Flipkart Group Chief Executive Kalyan Krishnamurthy on Monday said the firm was advancing preparations for a potential initial public offering (IPO) in India, which included shifting its holding company to India from Singapore. Speaking at an internal town hall, Krishnamurthy said the company's leadership structure is strengthening and that the steps toward relocating Flipkart's legal base to India are progressing as planned, according to people familiar with the matter. Flipkart is targeting a public listing as early as next year, with a potential valuation of between $60 billion and $70 billion, these people said. If successful, the listing would be the largest consumer technology IPO in India's history. 'As we've initiated the flip back of the company, I am very confident that all of us will continue to focus on profitability with a renewed emphasis on customer centricity,' he said. 'This move brings Flipkart even closer to where our heart has always been,' he said. The company is currently recording customer and order growth in the range of 20 per cent to 25 per cent, with monthly order volumes averaging around 130 million, the people said. 'We're witnessing a strong uptick in customer growth and orders, which is around 20–25 per cent currently, with a focus on improved efficiency, and we are on track to achieve 30 per cent by June this year,' said Krishnamurthy at Flipkart's internal 'Flipster Connect' event on Monday. Flipkart, last valued at around $36 billion, has in recent months taken steps to strengthen its board and streamline internal operations as part of its broader preparation for going public. India's e-commerce market, projected to reach $325 billion by 2030 with an annual growth rate of 21 per cent, is becoming an increasingly competitive arena. Flipkart faces intensifying rivalry from Amazon, Meesho, Reliance's JioMart, and the Tata Group, who are aggressively expanding and innovating to capture market share. At the event, Flipkart CEO Krishnamurthy, along with senior executives including Seema Nair, senior vice president and chief human resources officer; Hemant Badri, senior vice president and head of supply chain; and Ramesh Gururaja, senior vice president for consumer shopping experience, outlined the company's strategic progress. The leadership team emphasised momentum in talent acquisition, leadership development, business expansion, and a continued focus on innovation and customer engagement. Krishnamurthy said Flipkart remains a market leader across categories and customer segments, with growth driven by both core businesses and newer initiatives. The company's quick commerce service, Minutes, is performing well, and Flipkart is aiming to expand its dark store network to 800 locations by the end of the year. Krishnamurthy added that innovation is gaining renewed momentum across the platform, with strategic focus areas including customer experience, Shopsy-- its value-focused platform-- travel services, and engagement with Gen Z consumers. Flipkart's fintech arm, is also on a strong growth trajectory, following a series of recent product launches and continued investment in digital financial services. 'We've recently seen some industry veterans across technology, categories, and Adtech join us as we work towards the aggressive goals we've set for ourselves,' he said. During the session, Seema Nair, chief human resources officer at Flipkart Group, highlighted the company's deepening leadership pipeline, noting an expanding group of next-generation executives stepping into strategic roles across emerging areas of e-commerce. She emphasised Flipkart's focus on workforce development, pointing to ongoing investments in training and upskilling to help teams capitalise on the sector's growth. Nair also said the company plans to integrate artificial intelligence more broadly across the organisation, with a focus on equipping employees with advanced AI tools to enhance productivity and innovation. 'With a resilient, collaborative, and future-focused team, we're better positioned than ever to lead the evolution of India's digital retail ecosystem,' Nair said, adding, 'We are proud to consistently drive the culture of entrepreneurship that we have been known for.'
Time of India
26-05-2025
- Business
- Time of India
Domicile shift key step in aligning closely with India's economy, six-fold increase in investments in AI this year: Flipkart CEO
Flipkart CEO Kalyan Krishnamurthy in an address to employees on Monday spotlighted the company's growth momentum and focus on future readiness as he termed the e-commerce giant's planned domicile shift to India as a significant step toward aligning more closely with the economic and regulatory landscape here. At an internal 'Flipster Connect' event on Monday, the top honcho of the IPO-bound company talked about a 6-fold increase in investments in AI this year. He mentioned that Flipkart has initiated the flip back of the company and reaffirmed the team's focus on profitability with a renewed emphasis on customer centricity. On the Walmart-backed Flipkart's IPO plans, Krishnamurthy said that a lot of work which has already happened over the past 12 months is aligned with this intention, and assured that the organisation will continue to do a lot more, going forward. At the event, Krishnamurthy alongside other key senior leaders, including Seema Nair (SVP and CHRO), Hemant Badri (Senior Vice President and Head of Supply Chain), and Ramesh Gururaja (Senior Vice President, Consumer Shopping Experience), highlighted the organisation's strategic momentum across talent acquisition, leadership evolution, business growth, innovation and consumer focus. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Has Honda Done It Again? The New Honda CR-V is Finally Here. TheFactualist Undo An email query sent to Flipkart seeking comments on the development did not elicit a response. Sources privy to the development, however, confirmed that Krishnamurthy - at the townhall - spoke of Flipkart recording a strong uptick in customer growth and orders at around 20-25 per cent currently, and said the company is on track to achieve 30 per cent by June this year. Live Events "Within the org, we remain focused on being future-ready, with a 6X increase in investment in AI this year. We continue to be the market driver across all categories and customer segments. 'Minutes' is doing very well, and we're targeting 800 dark stores by the end of this year," he is learnt to have said. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories 'Minutes' is the quick commerce arm of Flipkart. Krishnamurthy highlighted that Flipkart is seeing a lot of innovation and disruption coming back into the system, with a focus on customer experience, Shopsy, travel, and Gen Z audiences. " has also been on a high growth trajectory, with several recent successful launches and strong product innovation. We've recently seen some industry veterans across technology, categories, and Adtech join us as we work towards the aggressive goals we've set for ourselves," he said. Krishnamurthy also highlighted Flipkart's plan to shift its legal domicile to India (from Singapore) describing it as a "statement of intent" and a significant step toward aligning more closely with India's economic and regulatory landscape. "As we've initiated the flip back of the company, I am very confident that all of us will continue to focus on profitability with a renewed emphasis on customer centricity. This move brings Flipkart even closer to where our heart has always been," he stated. During the session, Seema Nair, CHRO, Flipkart Group, underscored the strength of Flipkart's leadership bench, noting a growing cohort of next-generation leaders taking on strategic roles in new e-commerce avenues. She also drew attention to the organisation's focus on building teams that are able to leverage the opportunity that e-commerce presents through skill development and training. Flipkart is also going to leverage AI as an enabler for the entire organisation, while ensuring all employees have access to the best AI tools. Nair observed that with a resilient, collaborative, and future-focused team, the company is strongly positioned to lead the evolution of India's digital retail ecosystem.
