Synopsis
Sinha's exit adds to the top-level churn at the fashion ecommerce portal as well as its parent company Flipkart, which is looking to go public in the next 12-15 months. While Sinha has been with the Flipkart group for over a decade and was appointed Myntra CEO in 2022, Pais has been with Flipkart since 2013 and is currently the head of Flipkart Fashion.According to one of the persons in the know, Sinha is expected to leave the company over the next few weeks and is expected to be replaced by Sharon Pais, who is currently the head of Flipkart Fashion. Pais, who has been with the Walmart-owned ecommerce giant since 2013, was earlier the chief business officer of Myntra until November 2025. At the Flipkart group, besides fashion, Pais has led multiple categories, including books, general merchandise, and home furnishing, as well as the company's loyalty programme and the travel vertical.
Sinha's departure from Myntra adds to the top-level churn at the fashion ecommerce portal as well as its parent company Flipkart, which is planning to go public in the next 12-15 months.
In January this year, Myntra's then-CFO, Abhishek Gupta, quit from the firm to join Livspace. He was replaced by Kannan Ganesan, who was earlier a vice president at Flipkart.
In March, Flipkart’s group CFO Sriram Venkatraman also resigned. He is expected to relinquish his duties over the coming months.
News about Sinha's departure was first reported by Moneycontrol.
Responding to ET's queries, Flipkart said, "We don't comment on market speculation."
Under Sinha’s leadership, Myntra turned net profitable in FY24 and has since strengthened its bottom line.
With profitability in the year ended March 2024, it emerged as the only profitable unit within the Flipkart group.
In FY25, Myntra reported an 18% rise in revenue to Rs 6,043 crore, while net profit surged 18-fold to Rs 548 crore. In recent years, it has expanded overseas with a launch in Singapore and stepped up its quick commerce play through M-Now.
Sinha took over as chief executive in 2022 from Amar Nagaram, who had succeeded Ananth Narayanan in 2019. Narayanan was appointed after Myntra founder Mukesh Bansal moved to a broader role at parent Flipkart following the platform’s 2014 acquisition.
