India, June 7 -- In a major top-level rejig, IPO-bound ecommerce major Flipkart has reportedly elevated Ravi Iyer to the role of the chief financial officer (CFO) of the company's marketplace arm.

As per Moneycontrol, Iyer, who is currently the senior vice president (SVP) of Flipkart's corporate business unit, will report to group CFO Sriram Venkataraman.

"As part of his additional responsibilities, he will work closely with leaders across all the functions and business units and will continue to report to me," Venkataraman reportedly wrote in an internal memo.

The new role will be in addition to Iyer's current charter of corporate development, group finance planning and analysis (FP&A), investor relations and the CEO's office. With th...