Former BYJU’s executive, Prathyusha Agarwal has been named Vice President of Flipkart's value commerce platform, Shopsy.

The latest appointment comes at a time when the e-commerce giant is undergoing a larger leadership transition amidst its preparation for its IPO.

Agarwal is alumnus of IIT Madras and IIM Ahmedabad who brings a range of skills to her new role.

She served as BYJU’S Chief Business Officer from February 2022 to October 2023, followed by her time with Zydus Digital Health Solutions as a Venture Board Advisor and was first rumored to being hired as Shopsy's CEO, but it’s now verified that she was chosen for the vice president role.

Shopsy was first established in 2021, which targeted smaller-town resellers, giving them the ability to place orders for their network and receive commissions.

Since then, the platform has changed its focus to include direct consumer purchases, which has resulted in a notable increase.

From January to March of 2023, more than 16 million shoppers used Shopsy. Shopsy is an Indian marketplace that operates on a zero-commission premise with the goal of democratizing hyper-value trade.

Anuj Rathi from Jupiter Money was named CEO of Cleartrip, another Flipkart company, as part of Flipkart's leadership restructuring. Viewed as pivotal, these appointments would help Flipkart prepare for its initial public offering. Although the company does not anticipate an IPO in 2024, it is focusing on profitability and closely monitoring successful domestic consumer IPOs.

Walmart, which holds an 85 percent ownership position in Flipkart, has revealed remarkable advertising revenue generated by the platform. Furthermore, Flipkart has made a substantial contribution to Walmart's overseas sales growth.

In a similar development, Flipkart may move its headquarters from Singapore to India as part of its initial public offering (IPO) strategy, though no firm plans have been disclosed as of yet.