Former Flipkart COO Nitin Seth has allegedly provided a legal notice to the e-commerce company. The notice was sent claiming the company of inappropriate cancellations. He reconciled from his place as the Chief Operations Officer in May 2017.
Following Seth’s abrupt departure, CEO Kalyan Krishnamurthy took over his obligations. According to resources, Seth considers that he was unlawfully shot and has, therefore, made the decision to take a legal action against Flipkart.
Nitin Seth had formerly provided as the Chair of NASSCOM’s Local Authorities in Haryana and was also the MD and Country Head of investment firm Fidelity International. He was initially introduced aboard the Flipkart group in March 2016 by co-founder Binny Bansal. In less than six months, he was marketed to Chief Administrative Officer and, later, to Chief Operations Officer in Jan 2017.
Prior to that in Jan 2016, after Binny Bansal changed Sachin Bansalas CEO, the company saw around seven resignations. This involved Commerce Platform Chief Financial Officer Sanjay Baweja, Head Mukesh Bansal, Chief Business Officer Ankit Nagori, and Product Chief Punit Soni.
Recently, Flipkart ran into problems with the All India Online Vendors Association (AIOVA) over a technical malfunction that triggered the e-commerce industry to history incorrect loads for deliveries. As per reviews, the financial effect of the issue varied between 20% and 30% of a vendor’s gross merchandise volume (GMV).
Legal troubles, such as the one with ex-COO Nitin Seth, could possibly take away Flipkart’s desire of becoming the country’s top e-commerce player.