Flipkart is seeing another set of top-deck changes, as it ropes in Anuj Rathi as the new CEO of its travel booking unit Cleartrip, while top executives Prabh Simran Singh and Sankalp Mehrotra are exiting the firm.
Rathi is joining Cleartrip to replace Ayyappan R, the current CEO of Cleartrip, who is on his way out after spending over 11 years at the Bengaluru-based company
A joint report by consulting firm Bain & Company and ecommerce major Flipkart said the online retail industry will likely return to annual growth of between 23% and 25% through 2028.