Blinkit CFO Vipin Kapooria resigns

Blinkit CFO Vipin Kapooria resigns

Kapooria, a former Flipkart executive, has “moved on” from Blinkit, said people close to the development.

There was no formal statement from Blinkit or its parent firm Eternal regarding the development.

Kapooria’s resignation comes at a time when competition in India’s e-commerce space has intensified, and days after rival Zepto filed preliminary papers with markets regulator Sebi to raise Rs 11,000 crore through its initial public offering (IPO) using a confidential route.

His former employer Flipkart is also reportedly gearing up for a potential listing next year.

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