As competition heats up, Flipkart accelerates ‘Project 1K’
March 03, 2021
Flipkart plans to accelerate ‘Project 1K’, its internal innovation programme, to encourage the rank and file of the company to come up with both incremental and disruptive ideas. Flipkart received over 265 ideas in Phase-1 of Project 1K.
The ideas were generated from its business, product and tech teams. Flipkart evaluated the top 50 ideas and picked up 15 that were pitched to the senior most leaders, including the company’s CTPO (Chief Technology and Product Officer). These were further whittled down to the top 4-5 ideas. Flipkart plans to execute a few of these ideas over the next 12 months, a top executive told