Walmart-owned Flipkart’s Sriram Venkatraman to quit as group CFO ahead of planned IPO

Sriram Venkatraman is stepping down from his position as group chief financial officer (CFO) at Flipkart ahead of the company's planned initial public offering (IPO), the e-commerce major announced on March 20.

Venkatraman, who joined the e-commerce major in 2015, and has held multiple roles, was leading the group's finance function since 2018. However, he has been reduceing operational involvement over the past six months or so, as per company sources.

He passes on the baton to another Flipkart long-timer.

Ravi Iyer, who has been with the company since 2014 and was most recently CFO, Flipkart, will oversee the broader finance organisation, Flipkart announced.

The Bengaluru-based company has been nurturing Iyer for a while now. In June 2025, Moneycontrol was first to report Iyer was made CFO of Flipkart, the marketplace arm.

“Sriram has been a valued member of the leadership team and has played an important role in strengthening our finance organisation over the years. We thank him for his contributions and wish him the very best for the future,” Kalyan Krishnamurthy, group CEO, Flipkart said.