Shares of Eternal are likely to remain in focus today after reports emerged that Vipin Kapooria, Chief Financial Officer of Blinkit, has resigned just about a year after taking charge of the role. According to people familiar with the matter, cited by Moneycontrol, Kapooria is expected to return to his former employer, Flipkart.
Kapooria had joined Blinkit around September–October 2024, marking his appointment as the first full-time CFO at the quick commerce platform since Amit Sachdeva’s exit in 2022. His entry came at a crucial time for the business, shortly after Eternal raised ₹8,500 crore (around $1 billion) through a qualified institutional placement. At the time, the company had highlighted Blinkit as its most important growth engine, with aggressive expansion plans in the fast-growing quick commerce space.
Kapooria’s reported return to Flipkart would mark his third stint with the Walmart-owned e-commerce major. He previously worked at Flipkart between 2015 and 2018, and again from August 2020 to October 2024, spending more than seven years in total with the company. His move back is seen as strategically significant, especially with Flipkart preparing for a much-anticipated IPO, reportedly planned for 2026.
Neither Eternal nor Flipkart has issued an official statement on the development at the time of writing.
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