The Flipkart Group has announced that Nandita Sinha, the CEO of Myntra, will also take on the role of leading Flipkart Fashion. This change follows the departure of Arief Mohamad, the vice-president and head of Flipkart Fashion.
Key Points:
- Nandita Sinha will now manage both Myntra and Flipkart Fashion.
- Despite her new role, Myntra and Flipkart Fashion will continue to operate independently.
- Nandita has been with Myntra since January 2022 and has played a key role in its growth.
Company Statements:
- A spokesperson from Flipkart said, “Nandita Sinha, CEO of Myntra, will now also lead Flipkart Fashion. She has been crucial in growing various businesses within the Flipkart Group.”
- Under her leadership, Myntra has strengthened its position in the fashion industry.
Background:
- Nandita Sinha joined Myntra from Flipkart, where she was the vice-president of customer growth and marketing.
- The Flipkart Group includes several companies like Flipkart, Myntra, Flipkart Wholesale, Flipkart Health+, and Cleartrip.
About Myntra:
- Founded in 2007, Myntra offers over 6,000 fashion and lifestyle brands, including H&M, Levi’s, Tommy Hilfiger, and more.
- Myntra delivers to over 19,000 pin codes across India.
- In the financial year 2023, Myntra’s revenue was ₹4,375.3 crore, with a reported loss of ₹782 crore.
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