India, April 3 -- Nandita Sinha, the CEO of Myntra, is likely to step down from her role in the coming weeks after spending more than ten years with the Flipkart Group. Her expected exit comes at an important time, as Flipkart is preparing for its IPO later this year.

Myntra, which Flipkart acquired in 2014, has remained an important part of its business. Over the years, it has built a strong position in India's online fashion market and competes with platforms like Amazon Fashion, Reliance's AJIO, Nykaa Fashion, and Meesho.

After Sinha steps down, Sharon Pais, who currently heads Flipkart Fashion, is expected to become the new CEO. However, there is no information yet about Sinha's next step.

Who is Sharon Pais?

As mentioned earlier,...