The leading Indian e-retailer Flipkart has announced the appointment of IT industry veteran Ravi Garikipati in a newly created role titled ‘Entrepreneur in Residence’. He will be working closely with Sachin, Binny and Mukesh Bansal on new and high impact business projects.Speaking about the appointment, Sachin Bansal, CEO and co-founder-Flipkart said, “Ravi’s experience in leading 7 Innovation Labs and Vendio makes him a valuable addition to Flipkart. This is the first time such a role is being created in the organization and the possibilities that open up for the future as a result of this are immense. After all, we are all entrepreneurs at heart and we want to actively keep that spirit alive across all businesses and divisions here.”
Excited about the new roles and responsibilities, Ravi commented, “I am thrilled to be a part of this new chapter within Flipkart, a company that truly stands for innovation and entrepreneurship. Being a strong believer in customer driven innovation, I look forward to effectively creating an eco-system where teams are entrepreneurial and empowered to realize their innovations for our customers.”
Ravi brings along 25 years of experience in building and leading global products and businesses. Prior joining Flipkart, as head of 7 Innovation Labs, Ravi was responsible for overall strategy and development of all products that serve millions of consumer interactions daily. Prior to that, Ravi was the SVP at Vendio, which grew to have more than 2.5 million online sellers and was eventually acquired by Alibaba.