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Flipkart Fashion head Arief Mohamad to quit after 9 years: Report

Inshorts · 1y ago

Flipkart Fashion head Arief Mohamad to quit after 9 years: Report

Flipkart Fashion head Arief Mohamad is set to leave the startup after nine years, Moneycontrol reported. Myntra CEO Nandita Sinha will be assigned additional charge and lead both teams. Flipkart Fashion and Myntra, both owned by US retailer Walmart, will retain their independent structure, despite being led by the same person. Sinha had worked at Flipkart for over eight years.

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Angel One chief growth officer Prabhakar Tiwari resigns

Economic Times

Economic Times · 8m ago

Angel One chief growth officer Prabhakar Tiwari resigns

Prabhakar Tiwari, the Chief Growth Officer at Angel One, has resigned from his position along with Chief Compliance Officer Pravin Bathe, who resigned a month earlier. Both executives cited personal reasons and their desire to pursue other interests. Earlier this year, Chief Business Officer Prateek Mehta also resigned and joined South Park Commons. Arief Mohamad, previously head of the fashion vertical at Flipkart, has been appointed as the Chief Business Officer at Angel One. The company is currently the third-largest stockbroker in India with 7.5 million active clients.

Flipkart Fashion head set to join Angel One as CBO

Economic Times

Economic Times · 11m ago

Flipkart Fashion head set to join Angel One as CBO

Mumbai-based stock broking company Angel One is reportedly hiring Arief Mohamad as its new chief business officer. Mohamad, previously heading the fashion vertical at Flipkart, has resigned from the e-commerce giant. Angel One has been competing with new-age tech brokers like Zerodha and Groww and has around 7 million active traders. The company has been diversifying into credit, wealth management, and stock broking, and reported total income of Rs 1,410 crore and net profit of Rs 292 crore in the June quarter of FY24.

Myntra CEO Nandita Sinha to take over Flipkart Fashion

Economic Times

Economic Times · 1y ago

Myntra CEO Nandita Sinha to take over Flipkart Fashion

Nandita Sinha, CEO of Myntra, is set to head Flipkart Fashion as part of a leadership reshuffle. Arief Mohammad, who was previously leading the fashion business at Flipkart, is leaving the company. The move comes as Sinha takes on additional responsibilities within the Flipkart organization. The spokesperson for Flipkart did not provide immediate comment on the matter.

Zepto sees another top-level exit, VP Jitendra Bagga quits

Inshorts · 7m ago

Zepto sees another top-level exit, VP Jitendra Bagga quits

Top-level exits at Zepto continue as Jitendra Bagga has quit as the vice-president of central operations after spending nine months at the quick commerce unicorn, Moneycontrol reported. One of the reasons why Bagga left was because he's based in Mumbai and it was reportedly a challenge to relocate to Bengaluru. Recently, HR head Martin Dinesh Gomez also quit Zepto.

Flipkart elevates Akash Jain to Marketing Director

Inshorts · 4m ago

Flipkart elevates Akash Jain to Marketing Director

Flipkart has elevated Akash Jain to Director of Marketing, Head of Media. With nearly seven years at Flipkart, Jain will now oversee digital and ATL media strategies across key verticals, including Flipkart Minutes. His leadership is expected to drive brand positioning, consumer engagement, and innovative marketing strategies in India's competitive e-commerce landscape.

Flipkart Ropes In Tokopedia’s Executive Ramesh Gururaja As SVP Of Consumer products

Inc42 · 12m ago

Flipkart Ropes In Tokopedia’s Executive Ramesh Gururaja As SVP Of Consumer products

Gururaja appointed as Flipkart's chief product and technology officer. He previously served as chief product officer and head of shared consumer platform at Tokopedia. Flipkart has been aiming to reduce expenses and become profitable, resulting in the departure of four senior vice presidents earlier this year. Gururaja will report to Jeyandran Venugopal, the chief product and technology officer at Flipkart.

Myntra's CPTO Exits, Second Leadership Departure in Two Months

OutlookIndia

OutlookIndia · 3m ago

Myntra's CPTO Exits, Second Leadership Departure in Two Months

Myntra's Chief Product and Technology Officer (CPTO), Raghu Krishnananda, has resigned after five years to pursue new ventures. Until a new CPTO is appointed, his team will report to CEO Nandita Sinha. This marks the second leadership departure from a Flipkart-owned company in two months, after Flipkart’s CPTO, Jeyandran Venugopal, left earlier. Krishnananda's responsibilities included leading business intelligence, design, product management, IT, and security at Myntra.

Myntra secures $54 million fund infusion from parent Flipkart

Economic Times

Economic Times · 1y ago

Myntra secures $54 million fund infusion from parent Flipkart

Flipkart-owned online fashion platform Myntra has received a $54 million investment from Flipkart, its second investment in a year. Myntra has been facing stiff competition from rivals such as Ajio and Tata Cliq. The company has been focusing on expanding its portfolio of international brands, with premium offerings showing strong growth. However, a research note by Bernstein revealed that while Myntra has a 55% market share in the fashion e-commerce segment, users on its app are not transacting as much as before. Flipkart's investment in Myntra comes after parent company Walmart committed $600 million to Flipkart.

Myntra appoints Amit Mahajan as VP of GenZ fashion vertical Fwd

Economic Times

Economic Times · 11m ago

Myntra appoints Amit Mahajan as VP of GenZ fashion vertical Fwd

Myntra, the fashion platform owned by Flipkart, has hired Amit Mahajan as the vice president of Fwd, its fashion discovery portal for Gen Z consumers. Mahajan will focus on developing innovative merchandising approaches and expanding Fwd's product range. This appointment aligns with Myntra's strategy of targeting Gen Z consumers, which several brands, particularly in the direct-to-consumer segment, are adopting. A report by Bain & Company and Myntra estimates that fashion-forward digital natives contribute $4 billion to the e-lifestyle market. Myntra has been gaining market share and ended 2023 with a user base of 40 million.

Flipkart appoints Ramesh Gururaja as SVP of its Consumer Product

YourStory

YourStory · 12m ago

Flipkart appoints Ramesh Gururaja as SVP of its Consumer Product

Flipkart has appointed Ramesh Gururaja as SVP of consumer product. Gururaja, who previously worked at Tokopedia as Chief Product Officer and Head of Shared Consumer Platform, will take over some of the roles previously managed by Anand Lakshminarayan and Bharath Ram. Flipkart plans to hire more people for this role in the future. Gururaja will report to Jeyandran Venugopal, Flipkart's Chief Product and Technology Officer. This appointment comes as part of a series of executive departures and shuffles at Flipkart, which competes with players like Amazon and Meesho.

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