Adarsh Menon to head new businesses at Flipkart as Prakash Sikaria moves on

Prakash Sikaria, senior vice president, growth and monetisation at Flipkart, is leaving the e-commerce firm to pursue his entrepreneurial ambitions.

Flipkart will restructure Sikaria's portfolio into two units--New Businesses and M3--for focus and to scale up, said Kalyan Krishnamurthy, Flipkart’s chief executive officer, in an internal note reviewed by 'Business Standard'.

'New Businesses' comprise travel (Cleartrip and Flipkart Travel), social commerce platform Shopsy and ReCommerce. It will be headed by Adarsh Menon, senior vice president, category design and operations. “Adarsh (Menon) has been with Flipkart for 7 years and has successfully led and scaled both established businesses and 0-to-1 charters,”