Flipkart Names New Legal, Corporate Development VPs Ahead of IPO
The e-commerce firm Flipkart announced the appointment of Sharayu Jadhav to the position of Vice President of Legal Affairs, alongside Varun Gupta, who has been named Vice President of Corporate Development.
Jadhav rejoins Flipkart following her tenure in executive positions at Acko and Razorpay. In her former period at Flipkart, she was responsible for overseeing the legal affairs of its wholesale segment as well as those of Myntra.
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According to reports, she will oversee legal operations concerning Flipkart's marketplace, supply chain, data privacy, technology law, as well as labor and employment in her newly appointed role.
Gupta has transitioned to Flipkart from Reliance, where he oversaw corporate development and equity capital projects. He brings with him close to twenty years of expertise in corporate development and investment banking.
In his new role at Flipkart, Gupta will be responsible for steering strategic investments, acquisitions, partnerships, as well as managing the company's early-stage investment division, Flipkart Ventures. The company, supported by Walmart, has been diligently enhancing its executive team in anticipation of its Initial Public Offering (IPO).
In continuation of this initiative, Flipkart recently declared the appointment of Somnath Das to the position of Vice President of Supply Chain. Earlier in February, the organization appointed Vipin Kapooria as Vice President of Business Finance and Yogita Shanbhag as Vice President of Human Resources. In January 2026, the company revealed the following executive appointments: Jane Duke was named as the Chief Ethics & Compliance Officer (CECO) of the organization.
Concurrently, Jason Chappel was appointed as the Vice President and Controller for the Flipkart Group, while Amer Hussain assumed the role of Vice President overseeing the Supply Chain for its Grocery and Minutes (quick commerce) divisions.
In addition, Flipkart, Axis Bank, and PayU disclosed the introduction of biometric authentication for card transactions on the e-commerce platform. This advancement enables Axis Bank cardholders to authenticate purchases by utilizing either a fingerprint or Face ID, effectively replacing the traditional one-time password (OTP) method.
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The feature is now available for Axis Bank cardholders who use compatible Android and iOS devices. PayU is responsible for managing the merchant-side infrastructure and overseeing authentication processes.
Axis Bank employs Wibmo, a subsidiary of PayU, to facilitate verification on the side of the issuer. Flipkart has stated that it is one of the pioneering major Indian e-commerce platforms to integrate this functionality. This decision is made in response to the increasing incidence of digital payment fraud in India. As per data associated with the Reserve Bank of India mentioned in the announcement, the value of fraud has surged over five times, surpassing Rs.1,400 crore in the fiscal year 2024.
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The trio of companies asserts that the system diminishes the risk of SIM-swap and OTP-interception fraud by employing device binding coupled with advanced security evaluations. This authentication approach is already well-known among the majority of smartphone users, which, according to the partners, reduces the obstacles to adoption.