Latest news | Former Softbank managing partner Lydia Jett is rejoining Flipkart’s board

New Delhi, July 1 (PTI) Lydia Jett, former managing partner of Softbank Investment Advisers, has rejoined the board of Flipkart, the e-commerce giant said on Monday.

Jett served on Flipkart’s board in 2017 but resigned after about a year.

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“Flipkart Group… announced the appointment of Lydia Jett, a seasoned chief investment officer and former managing partner at SoftBank Investment Advisers, as a member of its board of directors, effective June 26, 2024,” the e-commerce company said in a statement.

Jett, a US-based venture capitalist, has twenty years of experience investing in and serving on the boards of industry-leading consumer technology companies.

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“I look forward to working with the rest of the management team to help the company navigate its next phase of growth. The e-commerce market in India is growing rapidly and promises great opportunities for continued innovation and value,” said Jett.

As founder and managing partner of Softbank Investment Advisors (SBIA), Jett led the global consumer internet and e-commerce sectors.

She served as an independent board member on the boards of Coupang, Ozon and Fanatics.

“Her extensive global experience and knowledge of the consumer Internet and e-commerce industry will add significant value to the Flipkart Group as we focus on driving positive impact for customers and growth opportunities for businesses,” said Officer Kalyan Krishnamurthy, Member of the Board and CEO of the Flipkart Group.

(This is an unedited and auto-generated story from Syndicated News, LatestLY staff may not have modified or edited the content)