> I would argue (but can't confirm) this was part of the reason why Punit Soni went back to US (https://www.linkedin.com/in/punitsoni).

Well, he was politely 'fired' for going gung-ho on the stupid idea of mobile only frontend for Flipkart. All the senior people who championed the idea have been silently moved out (founder included), but in a way so that none suffers an obvious loss of face.