According to reports, former SoftBank managing partner Lydia Jett has joined Flipkart’s board.

Jett has joined the e-commerce major's board as an independent director, in what is set to be her second term on the company’s board.

She was on the board of Flipkart in 2017 as a representative of SoftBank, before joining the board of Snapdeal, a rival at the time, before joining the company's board of directors. She quit Flipkart's board of Directors after stepping down as managing partner of SoftBank on May 2 this year.

“(Jett’s) extensive global experience and understanding of the consumer internet and e-commerce industry will add significant value to the Flipkart Group as we focus on providing value for customers and growth opportunities for businesses,” says Flipkart group chief executive Kalyan Krishnamurthy.

At SoftBank, Jett led e-commerce and consumer Internet obligations. In 2018, SoftBank sold nearly 20 percent of its stake in Flipkart to its eventual owner, Walmart. Japanese investors returned to Flipkart's captable in 2021 when they co-led a $ 3.6 billion financing.

Jett is also on the board of other e-commerce firms like Russia’s Ozon and South Korea’s Coupang, besides being an investor in several startups.

Meanwhile, Flipkart has been working towards profitability amid a rejig in the senior management and cost-cutting-led layoffs earlier this year.

“I am pleased to join the Flipkart Board and look forward to working with the other Board members to help the company navigate its next growth phase. The e-commerce market in India is rapidly growing and promises great opportunity for continued innovation and value,” says Jett.

Recently, Flipkart closed a funding round of about $1 billion, including $350 million from Alphabet’s Google, at a $35-36 billion valuation.

The firm has been expanding and quickening its deliveries across the country. It is set to launch its quick-commerce service next month.