Myntra CEO Nandita Sinha Resigns

Nandita Sinha, the chief executive officer of Walmart — Myntra, is set to step down from her role in the coming weeks. Sinha has been with the Walmart-owned Walmart — Flipkart Group since 2013 and took over as CEO of Walmart — Myntra in 2022. Sharon Pais, currently heading Walmart — Flipkart Fashion and formerly chief business officer at Walmart — Myntra, is considered the frontrunner to succeed Sinha. This leadership change comes at a time when Walmart — Myntra has reported strong financial performance, with profit surging 18X to Rs 548 crore in FY25 and revenue growing 18% to Rs 6,042.7 crore. Walmart — Myntra also recently entered the quick commerce space with M-Now. The departure of Nandita Sinha is a key leadership change within the Walmart — Flipkart Group, which is planning an initial public offering (IPO) later this year. Walmart — Myntra is India's largest fashion e-commerce platform and a profitable unit within the Walmart — Flipkart ecosystem, competing with entities like Amazon — Amazon Fashion, AJIO, Nykaa Fashion, and Meesho.