Quick commerce platform Blinkit has appointed Vipin Kapooria as its new Chief Financial Officer. This marks the Zomato-owned company's first full-time CFO appointment in more than two years.
Previously, Kapooria held the role of Vice President and Business Finance Head at Flipkart, where he worked for more than four years.
As per Kapooria's LinkedIn profile, he worked as the Business Finance Head for the mobiles, electronics, and large appliances categories at the Walmart-owned company.
Moneycontrol reported the development first. Entrackr has reached out to Zomato for more information.
This growth comes after the recent resignation of Hemal Jain, who was responsible for overseeing finance operations at both Zomato and Blinkit. In August 2022, Blinkit's CFO, Amit Sachdeva, also resigned and later took on the role of CFO at IGT Solutions in early 2023. Most recently, Sachdeva has been appointed as the CFO of the edtech unicorn PhysicsWallah.
This marks the fifth high-profile departure from Flipkart, with its executives moving to rival companies. Notably, Swiggy has appointed four former Flipkart leaders, including Kanika Tiwari, Hari Kumar G from Instamart, Shalabh Shrivastava from SVP Driver Org, and Amitesh Jha from Instamart.
In addition to Blinkit and Instamart, Flipkart has also entered the quick commerce space with its service, Minutes, which is currently working in select areas of Bengaluru, Gurugram, and Mumbai.