Website Flipkart Ventures
The early stage investment arm of Flipkart, with a $100 million fund to back early-stage startups in India
About Flipkart
Flipkart is committed to the cause of transforming commerce in India through our investments in made- in-India technology innovations, customer-centric features and constructs, a diverse category landscape and a world-class supply chain. With a customer base of over 350 million, product coverage of over 150 million across 80+ categories, focus on generating direct and indirect employment and a commitment to empowering generations of entrepreneurs and MSMEs and a sustainable growth strategy – Flipkart is maximising for our customers, stakeholders, and the planet at large!
Flipkart is a part of the Walmart-owned Flipkart Group, which also includes group companies Flipkart Health+, Myntra, and Cleartrip. The Group is also a majority shareholder in PhonePe, one of the leading Payments Apps in India.
Manager- Flipkart Ventures, Investing
About the team
Flipkart Ventures, the early stage venture fund of Flipkart, was founded with an intent to accelerate the innovation curve of digital startups that show potential to build disruptive technologies / solutions. The $100M Venture Fund is focused on investing in emerging digital businesses and enabling the next generation of innovators in their scaling up journey. Flipkart Ventures has made 10+ investments in its first year.
What you’ll do:
- Identification and sourcing of strategic investment opportunities for Flipkart.
- Leading evaluation of select opportunities through deep analysis and presenting recommendations based on fit, deal structure and transactional issues (would include preparation of investment memos, IC presentations etc)
- Drive execution completely including due diligence, documentation, negotiation, closure and integration
- Deep engagement and participation /mentoring with existing and new portfolio companies
- Forge and manage relationships with the VC ecosystem, start ups and professional advisors including bankers, lawyers and consultants.
- In addition to investments, you would also have opportunity for building cross functional experience across M&A, initiation of new businesses and other strategic initiatives at Flipkart
What you should have
- The ideal candidate for this role would have 3+ years of experience working with Venture Capital firms, Investment Banks in Technology vertical.
- Understanding of the technology landscape and a strong network within the Indian startup ecosystem, including entrepreneurs and investors
- Experience of having engaged with early-stage companies. Relevant experience of managing/ actively driving accelerator, incubator programs would bean added advantage
- Strong understanding of overall investment process including term sheets, diligence, and definitive documentation
- Think Big – ability to identify new areas of investment opportunity for Flipkart, create investment strategies and evaluate key targets.
- Bachelor degree (IIT/NIT) and MBA from top-tier universities is required
1
3 to 4 Years
Why work with us?
At Flipkart, we promise to maximize what you care about the most. You’ll get an opportunity to leave a mark and create your own legacy, you’ll have freedom to experiment, learn and grow, you’ll get to work with the best in our inclusive teams and experience our culture of care to ensure that you can focus on doing your best work.
Every Flipster is a Maximiser – Curious, Audacious, Entrepreneurial, Purpose-Driven, Excited By Big Challenges, A Team Player and Inclusive. If this is who you are, then Flipkart is the place where you can thrive.
We understand that your own aspirations and journeys are unique. So you choose what you want to maximise, and we provide you the platform for it. Because when you maximise, we maximise.
Visit our career site to know more about what it means to work at Flipkart.
Being Yourself @ Flipkart
Flipkart respects and values differences. We are proud to be an equal opportunity employer and are committed to promoting a diverse workplace culture where every individual is valued for who they are, regardless of race, color, age, faith, gender identity or expression, sexual orientation, nationality, marital status, professional pedigree, physical ability, veteran status, or any other characteristics. We firmly believe that when people with diverse identities and perspectives work together, we create the most value – for our customers, our people, and society. We are committed to fostering a culture of inclusion and belonging, where diverse teams innovate and excel every day.
To apply for this job please visit www.flipkartcareers.com.