Myntra CEO Ananth Narayanan steps down

In a new business report; Myntra CEO Ananth Narayanan has stepped down from his position which is likely to be abolished by the management.likely to be abolished.

Now; Amar Nagaram who is head of consumer shopping experience at Flipkart is going to oversee the operation of fashion e-tailer. On Friday, Nagaram was moved to Myntra as chief technology and product officer. Furthermore; many key Myntra leaders including chief revenue officer Mithun Sundar and HR head Manpreet Ratia have also resigned.

Last month, Narayanan denied reports that he was quitting in the wake of a reshuffle in the ranks following Binny Bansal’s exit from Flipkart.
As part of rejigging, Myntra’s chief technology officer Jeyandran Venugopal is expected to a new role in the Flipkart storefront merchandising team.

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