Advertising
‘Why will I buy time? I will buy end outcomes’: Tata Motors CMO Shubhranshu Singh
Walmart-owned Flipkart will hire 5,000 new employees in 2025 as it expands aggressively into quick commerce and fintech, while also stepping up investments in artificial intelligence, Moneycontrol reported. As per the media report, the hiring plan was announced by Chief Human Resources Officer Seema Nair at Flipster Connect, the company’s internal townhall held on May 26.
Reportedly, a significant portion of the new roles will be in Flipkart Minutes, the company’s hyperlocal delivery arm and Super.money, its digital financial services platform. The move signals Flipkart’s intent to build deeper capabilities in emerging verticals that are expected to be key growth drivers over the next few years.
The hiring spree comes even as Flipkart faces pressure to cut costs ahead of its planned IPO and a strategic shift in legal domicile from Singapore to India. As reported earlier by Moneycontrol, Flipkart’s board has asked the company to reduce its monthly cash burn from $40 million to $20 million, capping the annual burn at $250 million.
Bet on Hyperlocal and Fintech
Flipkart Minutes, which delivers groceries and daily essentials in under 30 minutes, is rapidly scaling its presence and aims to operate 800 dark stores by the end of the year. “Minutes is doing very well,” CEO Kalyan Krishnamurthy said at the townhall, describing it as a central piece of Flipkart’s hyperlocal ambitions.
The company is also ramping up Super.money, its fintech offering that includes consumer credit and digital payment solutions. The new hires will strengthen product, technology and business teams to support growth in this segment, which is seeing increased demand among younger, digital-native users.
In addition to expanding its workforce, Flipkart is significantly increasing its investment in artificial intelligence. The company has boosted its AI investments six-fold this year, with a focus on improving supply chain efficiency, personalisation, and customer experience. “We remain focused on being future-ready,” Krishnamurthy said, highlighting recent product launches, AI-driven innovations and senior talent additions across key verticals.
Storyboard18's signature initiative 'Share The Spotlight' returns with its Delhi edition, bringing together business leaders and changemakers to honour women rewriting the rules and sparking transformation.
Read MoreFrom the chiefs of Nestle, Diageo, Colgate, PepsiCo, Zetwerk and CRED to AI visionaries, marketing mavens, top creators, ad legends and leading global agencies' CEOs, the brightest minds converged at the Storyboard18 Global Pioneers Summit for an action-packed day of meaningful dialogues on creativity, commerce and culture.