Blinkit CFO Vipin Kapooria steps down, Flipkart return likely

MUMBAI: Vipin Kapooria has resigned as chief financial officer of quick commerce firm Blinkit after just about a year in the role and is set to return to Flipkart, according to reports. His exit comes at a time when Flipkart is sharpening its leadership bench ahead of a much anticipated initial public offering.

Kapooria joined Blinkit in September 2024, stepping in as the company’s first full time CFO since Amit Sachdeva’s departure in 2022. His appointment was seen as a key move as Blinkit doubled down on scale, speed and financial discipline in India’s hyper competitive quick commerce race.

That race has only intensified. Blinkit is currently battling well funded rivals including Swiggy Instamart, Zepto, BigBasket, Flipkart Minutes and Amazon Now, all chasing the same promise of faster deliveries and deeper consumer loyalty.

Before his Blinkit stint, Kapooria spent several years at Flipkart, most recently as vice president for business finance, where he led financial strategy for high value categories such as mobiles, electronics and large appliances. His return to the Walmart owned e-commerce major signals continuity and financial muscle as the company prepares for life on the public markets.

Kapooria’s resume reads like a tour of India’s biggest consumer and technology businesses. Alongside two stints at Flipkart, he has held senior finance leadership roles at Oyo, Yum! Restaurants International, Whirlpool and Birlasoft, building a reputation as a steady hand in fast growing and complex businesses.

For Blinkit, the search for its next finance chief now begins amid fierce competition and thinning margins. For Flipkart, Kapooria’s homecoming adds another experienced operator to its IPO ready war room, according to reports.