Flipkart-owned Cleartrip’s Prahlad Krishnamurthi a.k.a Peggy has joined NextBuy, a Bizongo supply chain financing platform, in the capacity of Chief Executive Officer (CEO).
He took to LinkedIn to announce the same and mentioned, “After 9 amazing years with the Flipkart family, it’s time for me to take on a new challenge. I’m excited (and a little emotional) to share that I’ll be moving on from my role as Chief Business Officer at Cleartrip to become the CEO of NextBuy at Bizongo!”
Further, he added, “The past decade has been a wild ride, and I’ve learned more than I ever imagined. While I’ll definitely miss the incredible folks I’ve worked with, I’m excited for what’s next at Bizongo. Leading NextBuy is going to be a new kind of journey, and I can’t wait to dive in with the team to solve for B2B e-commerce in India!”
Prior to this, he was associated with Flipkart as Chief Business Officer/ Vice President/ Board of Directors- Cleartrip and Flipkart Travel and held the position for over three years, starting from July 2021 to August 2024. In this role, he headed all lines of business, partnerships/alliances, marketing, and revenue – Cleartrip and Flipkart Travel. He joined the company in July 2015 as Director/ Associate Director- Category Marketing- Electronics and held the role for over one year. Later, Peggy was promoted to the position of Senior Director/ Director- Head of Marketing and Planning- Fashion and held the position for the time period of two years, starting from December 2016 to November 2018.
From October 2018 to September 2020, he held the position of Senior Director- Head of Flipkart Fashion Originals: Licenses and Private Labels. Between August 2020 and July 2021, he was Senior Director: Head of Electronics and Home, Customer Account Management- Flipkart Wholesale, Best Price.
During his tenure with Flipkart, he also served as Angel Investor in early-stage startups, investing in companies such as MoEVing (electric mobility), Vastra (digitising the Indian textile market), Driefcase (organising health in India), and Skye Air (India’s modern-day, new-age drone delivery service).
Before this, he worked at ITC as Brand Manager and held the position for over two years, starting from April 2013 to July 2015.
In this role, he was responsible for developing and ensuring the implementation of the brand marketing strategy for all assigned brands in line with the overall portfolio strategy of the organisation through brand planning and portfolio management, market standing, and product and packaging development.
Peggy joined the company in June 2008 as Assistant Manager- Retail/ Management Trainee and held the role for almost a year. From May 2008 to March 2011, he worked as Assistant Manager, Channel Development- Trade Marketing and Distribution. Later, he was elevated to the role of ASM/ Assistant Manager- Personal Care and held the role for two years, starting from April 2011 to March 2013.
Peggy started his career in June 2004 as Software Engineer at Infosys Technologies. He held the role for two years.
