Synopsis
Flipkart has tapped old hand and Myntra business chief Sharon Pais to take up the role of business unit head, Flipkart Fashion. Pais previously spent nearly eight years at Flipkart in various roles before joining Myntra in 2021. This move occurs amidst significant internal shifts within Flipkart and Myntra as Flipkart prepares for an IPO.
Sharon Pais, fashion etailer Myntra’s chief business officer (CBO), has moved to Flipkart to take up the role of business unit head, Flipkart Fashion. Responding to ET’s queries, Flipkart confirmed the development.
Pais will be replacing Kunal Gupta who is now leading Minutes, the Walmart-backed company’s quick commerce arm, after Kabeer Biswas stepped down. ET had reported on Biswas’ exit last month.
Before joining Myntra as CBO in 2021, Pais was with Flipkart for almost eight years in various roles. In January 2014, she started as sales and revenue lead for books and then took up the role of category marketing for books, general merchandise and home. She last served as head of the company’s loyalty and travel division before moving to Myntra in 2021.
In 2024, Myntra CEO Nandita Sinha took over as Flipkart’s fashion vertical head after Arief Mohamad, who previously held the position, exited the company. Pais will be reporting to Sinha in her new role.
The development comes amid multiple internal movements in both Flipkart and Myntra. Kannan Ganesan is set to take up the role of chief finance officer (CFO) of Myntra from December 1 as Abhishek Gupta will exit the role after seven years. Ganesan is currently serving as vice president of business finance at Flipkart.
Flipkart, which is under pressure to focus harder on profitability as it gears up for an initial public offering (IPO) in 2026, saw most of its group entities narrow losses in 2024-25 by cutting back on expenses, although revenue growth was muted amid a slowdown in overall online retail.
Meanwhile, Myntra, the Flipkart-owned fashion and beauty etailer, saw its profit jump almost 18-fold during 2024-25.
Source: www.economictimes.indiatimes.com