CosmicTaco
CosmicTaco

Myntra CTPO Steps Down Amid Quick Commerce Push

  • Raghu Krishnananda, CPTO of Myntra, has resigned after a five-year tenure.
  • CEO Nandita Sinha mentioned Krishnananda's departure in an internal memo, citing his desire to explore new opportunities.
  • Myntra is currently searching for a replacement while Krishnananda's reportees will answer to Sinha.
  • This marks the second major exit in the Flipkart Group recently, with Flipkart CPTO Jeyandran Venugopal resigning in February.
  • The resignation coincides with Myntra's aggressive expansion in quick commerce and Flipkart's preparations for an IPO.

Source: Inc42

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