Nandita Sinha Steps Down as CEO of Myntra

Nandita Sinha, the chief executive officer of Myntra, is poised to leave her position and will depart from the company in the upcoming weeks, as reported by Moneycontrol. Sinha has been a significant part of the Walmart-owned Flipkart Group since 2013 and ascended to the role of CEO at Myntra in 2022.

Leadership Transition at Myntra

According to sources, Sharon Pais, who currently leads Flipkart Fashion and was previously the chief business officer at Myntra, is seen as the leading candidate to fill the CEO position at the fashion e-commerce platform. In November 2025, Pais transitioned to become the business unit head for Flipkart Fashion.

Myntra’s Response to Speculation

In response to inquiries from Startup Superb, a Myntra representative stated that the company does not comment on market speculation.

Financial Growth of Myntra

This change in leadership arises during a period of impressive financial performance for Myntra. The company reported an astounding profit increase of 18 times, reaching Rs 548 crore in FY25, up from Rs 30 crore in FY24. Additionally, revenue experienced an 18% boost, amounting to Rs 6,042.7 crore in FY25.

Expansion into Quick Commerce

In November 2024, Myntra ventured into the quick commerce sector with the introduction of M-Now, which promises delivery of fashion and beauty products within a window of 30 minutes to 2 hours. This initiative sets Myntra in competition with emerging companies such as Slikk, Knot, and Zilo.

Strategic Movement within Flipkart Group

Sinha’s departure marks a significant leadership shift within the Flipkart Group, which is also planning an initial public offering (IPO) in the near future.