Presentation on CEO of Flipkart

SUBMITTED BY
MOHIT MAHESHWARI
ARMAN SINGH
 ABOUT THE CEO OF FLIPKART  

The CEO of Flipkart wereSachin Bansal and Binny Bansal

, although they share last name they are not related.
There both origin from Chandigarh and coincidentally
were student of computer science at Indian Institute of
Technology ,Delhi .   
Before co-founding Flipkart , they worked at Amazon.
They both quit from the company and started operating
together in an apartment and started online bookstore
with the capital of 4,00,000. 
 Rise of Flipkart 
 While the early stages of Flipkart both Bansal have done delivery to make the root level
of start-up successful . As the starting days of Flipkart the only selling item was books . In
the early stage Binny Bansal and Sachin Bansal both have divided the work among
themselves as Sachin Bansal plan out the ideas , marketing of product ,  how can the
website became more creative , and develop more strategies to run out the start-up
succeed , Binny Bansal execute the ideas which were plan by Sachin Bansal . In July 2008
they started giving a push to the item rather then books they also added smartphones ,
till the time cash on delivery was not available , but as they recognize  the problem  they
started cash on delivery this was the kick to the business. On July 2014 , after 7 long years
of hard work, consistency and patience , Flipkart entered the global stage as one of the
most valuable start-ups when it raised $1 billion at a valuation at a valuation of $7 billion .
Binny took up the operational role of CEO in January 2016 .
Flipkart also get listed public , after that Flipkart start taking over many more companies
such as Myntra , phone pe . 
In 2016 Bansal's were chosen for " Asian of the year ". 
 Fall Of Flipkart 
• 2013-14, Sachin Bansal got over ambitious and took decision of closing the website and
just focusing on app { application } which was drawback for Flipkart.

• They both decided to stop marketing as they thought they have build customer trust ,
which gave them overconfidence .

• After US-based Walmart acquired 77% stake in Flipkart, Sachin Bansal sold his 5.5% stake
in the company for about $1 billion and stepped down from the post of Flipkart’s
chairman .

• DACOIT ---{ digital American chinise company odeterating and colonizing Indian
technology } which means the foreingn country buyes Indian company stakes and get the
authority to control the company .+
 CHARACTERISTICS OF CEO OF FLIPKART

• HARDWORKING --- Sachin Bansal and Binny Bansal were hardqorking as they
started there start-up by just invesnting 4lakh rupee which was even not classified
under small scale but endup resulting with billionaire sart-up

VISION ---- Sachin Bansal and Binny Bansal both have a vision and kept going with
there faith in their idea.

• RISK TAKING ABILITY ---- they both were sharing risk as after getting emploey by
a multinational company {amazon} they leave it and started making their start-up.
 ACHIVEMENT
• 2016, Sachin Bansal and Binny Bansal were chosen for ‘ Asian of the year ‘ under the
group ‘ The Disruptors’ by straits Times of Singapore

Flipkart has invested in two logistic start-ups, BlackBuck an online freight booking
platform, and qikpod. It also has picked up a crucial stake in MapMyINDIA .

Flipkart has emerged as the E-Commerce company of the year in a national wide
consumer study conducted by BusinessWorldGroup in association with Nielsen.

Flipkart bought Myntra , phonePe in 2015 .

 ABOUT PRESENT CEO OF FLIPKART
‘ Kalyan Krishnamurthy’ is the current CEO
of flipkart who was born on 12th January 1972.
He is settled in Singapore.He was replaced
with Benni Bansal who was the ex-CEO of
Flipkart. He completed his MBA degree from
‘Asian Institute of Management’in
2000.Before joining Flipkart,he was the
managing director of ‘TIGER GLOBAL’.
 AMAZON MYNTRA

COMPETITORS OF FLIPKART
 SNAPDEAL MEESHO

COMPETITORS OF FLIPKART
MANAGERIAL SKILLS OF CEO
Hardworker

Future Vision Decision Maker

Innovator Communication Skill