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Flipkart’s leadership shake-up fuels fashion growth ahead of IPO

A bold leadership shift at Flipkart is paying off—Myntra’s profits skyrocketed 18x. Can this momentum secure a blockbuster IPO?

This image is clicked in a room, where it looks like Store. There are so many bottles in this image...
This image is clicked in a room, where it looks like Store. There are so many bottles in this image and cans. There is a Banner in the middle which is indicating Supra brand. Bottom right corner there is a logo LM.

Flipkart’s leadership shake-up fuels fashion growth ahead of IPO

Flipkart is reshaping its leadership as it pushes for stronger profitability ahead of a planned IPO. Recent changes include key appointments in its fashion division, with Nandita Sinha now overseeing Flipkart Fashion after taking charge in 2024. Meanwhile, Myntra, the company’s fashion and beauty arm, has reported record revenue and profits for FY25.

Nandita Sinha, CEO of Myntra, took over as head of Flipkart’s fashion vertical following Arief Mohamad’s departure. Under her leadership, Myntra achieved a revenue of over Rs 6,000 crore in FY25. The subsidiary also saw profits soar to Rs 548.3 crore, an 18-fold increase from the previous year.

The changes place experienced executives in key positions across Flipkart and Myntra. With Sinha leading fashion operations and Pais taking on a broader role, the company aims to strengthen its market position. Myntra’s strong financial performance further supports Flipkart’s push toward a profitable IPO.

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