Anant Narayan, CEO of Myntra, the online sales company of fashion products has resigned from his post. This led to a pause on the speculation that he was going out since the recent changes in Flipkart, owned by Mentor.
In a statement, Myntra said that in search of new opportunities, Narayan decided to step down as Chief Executive Officer of Myntra and Jabong. Amar Nagaram has been given the responsibility of the chief of Mantra and Jabong. He will hand over his report to Kalyan Krishnamurthy, Chief Executive Officer of Flipkart Group directly.
It is to be noted that speculation about the release of Narayan’s company was continuing after Binny Bansal, former Chief Executive Officer of the Flipkart Group, quit office.