- Nandita Sinha is stepping down as Myntra CEO after over a decade with Flipkart group
- Sharon Pais, Flipkart Fashion head, is likely to replace Sinha as Myntra CEO soon
- Under Sinha, Myntra turned net profitable in FY 2023-24 and led Flipkart group's profit
Nandita Sinha, CEO of Myntra, is stepping down from her role at the company, multiple media reports citing sources said. Sinha, who has been with the Flipkart group for over a decade, was appointed Myntra CEO in January 2022.
Sinha is expected to leave the company over the next few weeks and is likely to be replaced by Sharon Pais, who currently heads Flipkart Fashion, the Economic Times learnt from the persons privy to the development.
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Sinha's departure from Myntra adds to the top-level churn at the fashion e-commerce portal as well as its parent company Flipkart, which is planning to go public in the next 12–15 months.
Under Sinha's leadership, Myntra turned net profitable in financial year 2023-24, and has since strengthened its bottom line.
With profitability in the year ended March 2024, it emerged as the only profitable unit within the Flipkart group.
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At the fashion portal, Sinha led several strategic resets, sharpening the focus on its core strength of a wide assortment while building a more curated, premium-led proposition to retain its appeal among mass-affluent consumers.
She joined the Flipkart group in 2013 as an associate director, where she built the beauty and personal care categories. She later led multiple segments, including home and furniture, lifestyle accessories, and books.
Sinha also headed customer acquisition and growth, and went on to lead the team driving the flagship Big Billion Days sales between 2019 and 2022.
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