Putting an end to rumours that have been doing the rounds for a few months, a Flipkart spokesperson confirmed on Wednesday that Puneet Soni has stepped down from his position as the Chief Product Officer of Flipkart. So far, the company hasn’t offered any comment on who will be replacing him in the company.
Soni, who joined the company in March 2015, was formerly a Senior Product Leader at Google and Motorola in the US, a position he quit in September 2014.
He was one of the high profile hires for the company, and was managing a 400-person strong product team at Flipkart, overseeing the launch of features like image search and Ping, which introduced a messaging layer to the app, and was responsible for design, marketing, analytics, and sales events like Big Billion Days. In 2015, there was plenty of confusion on whether the company was going to quit the desktop, and focus solely on its app, much like Myntra, the fashion portal it operates. In November, Flipkart had notably launched Flipkart Lite, which brought an app-like functionality to the Web client.
(Also read: ‘The Mindshare in the Company Is Going to Be App Only,’ Says Flipkart’s Punit Soni)
Soni’s exit comes on the back of other high profile exits at Flipkart – Mukesh Bansal, who joined Flipkart following the acquisition of Myntra in 2014, and Ankit Nagori, Chief Business Officer, who both quit the firm in February 2016. In January, Flipkart had named Binny Bansal as the CEO, and named Sachin Bansal as the Executive Chairman of the company.
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