Nandita Sinha, the CEO of Myntra, is preparing to leave her position in the upcoming weeks, as reported by Moneycontrol. Sinha has been an integral part of the Walmart-owned Flipkart Group since 2013 and assumed the role of Myntra’s CEO in 2022.
Amid Sinha’s departure, speculations suggest that Sharon Pais, the current head of Flipkart Fashion and former chief business officer at Myntra, may be the likely successor to lead the renowned fashion e-commerce platform. Pais transitioned to the role of business unit head for Flipkart Fashion in November 2025.
When contacted, a spokesperson from Myntra declined to comment on market rumors regarding Sinha’s exit.
The news of Sinha’s departure comes as Myntra has showcased robust financial performance, with profits soaring significantly to Rs 548 crore in FY25 from Rs 30 crore in FY24. Additionally, the company reported an 18% growth in revenue, reaching Rs 6,042.7 crore in FY25.
In November 2024, Myntra expanded into the quick commerce sector by introducing M-Now, a service that promises delivery of fashion and beauty products within 30 minutes to 2 hours. This initiative positions Myntra in competition with emerging players like Slikk, Knot, and Zilo.
Sinha’s departure marks a notable leadership transition within the Flipkart Group, coinciding with the company’s plans for an initial public offering (IPO).
Source: Entrackr : Latest Posts