Flipkart growing at up to 25% despite ecommerce slowdown: Group CEO Kalyan Krishnamurthy
Flipkart is experiencing strong momentum with 20–25% year-on-year order growth in May, despite an industry slowdown. CEO Kalyan Krishnamurthy highlighted the firm’s India re-domiciling move, profitability push, and 30% projected June growth. He also reaffirmed that Flipkart’s quick commerce venture, Minutes, aims to scale up to 800 operational dark stores by the close of 2025.
Flipkart is experiencing strong momentum with 20–25% year-on-year order growth in May, despite an industry slowdown. CEO Kalyan Krishnamurthy highlighted the firm’s India re-domiciling move, profitability push, and 30% projected June growth. He also reaffirmed that Flipkart’s quick commerce venture, Minutes, aims to scale up to 800 operational dark stores by the close of 2025.
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