EBay India is in Anil Goteti’s Kart Now
Bengaluru: Flipkart has put its marketplace head Anil Goteti in charge of the newly acquired eBay India business, according to an internal email sent by the company. Flipkart officially concluded the merger of eBay.in last week.
Goteti, who heads the marketplace and retail product and operations team at Flipkart, will head the new platform where he will also steer the cross-border trade business. eBay India’s current country manager Vidmay Naini will report to Goteti. Before Flipkart, Goteti was a management consultant at McKin- sey and a senior systems engineer at Qualcomm, according to his LinkedIn profile. He joined Flipkart in 2012.
eBay made a $500-million cash investment in Flipkart for an equity stake and sold its eBay.in business to Flipkart as part of a $1.4-billion funding round led by Microsoft and Tencent in April this year.
Flipkart has said eBay.in will remain an independent entity as part of the company. eBay will no longer report active buyer GMV and related financials for eBay India. Naini, however, will continue to manage the relationship with eBay Global, Flipkart said.
Both Flipkart and eBay.in are set to leverage cross-border trade, which will enable Flipkart’s customers to access global inventory on eBay, while Flipkart sellers can also get access to eBay customers, giving them a chance to sell globally.
eBay India had a base of 4 million buyers at the time the merger was announced.
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