Myntra CEO Nandita Sinha steps down, Sharon Pais likely successor
What's the story
Nandita Sinha, the current CEO of Myntra, is set to resign from her position. She will be leaving the company in the coming weeks, according to a Moneycontrol. Sinha has been associated with Flipkart Group since 2013. "Nandita is moving out of the Flipkart group and the company has already begun work on finding her replacement. A candidate should be finalised over the coming days," an anonymous person familiar with the developments told Moneycontrol.
Succession plan
Sharon Pais top candidate to replace Sinha
Sharon Pais, who currently heads Flipkart Fashion and was previously Myntra's Chief Business Officer (CBO), is said to be the top candidate for the role. Having joined Flipkart as an Associate Director 13 years ago, Sinha climbed the ranks through key verticals—including furniture, health, and beauty—before taking the helm at Myntra in 2022 Her exit comes just ahead of Flipkart's planned IPO later this year, making it an important transition period for both Myntra and its parent company.
Business overview
Myntra reported ₹6,042.7 crore revenue in FY25
Myntra is India's largest fashion e-commerce platform and one of the most profitable businesses in the Flipkart ecosystem. In FY25, Myntra's operational revenue stood at ₹6,042.7 crore with a profit after tax of ₹548.3 crore. The Bengaluru-based company competes with Amazon Fashion, Reliance's AJIO, Nykaa Fashion, and Meesho among others in the Indian market.