Nandita Sinha, chief executive officer of Flipkart-owned Myntra, is likely to step down from her role in the coming weeks, according to reports, in what could be a key leadership change just as the Walmart-backed group prepares for a public listing.

Sinha, who has spent over a decade within the Flipkart group and took over as Myntra CEO in 2022, is expected to move on after leading the fashion platform through a period of steady growth and intensifying competition. The development was first reported by Moneycontrol.

When contacted by Fortune India, the company said it is market speculation and won't comment on the development. "We don't comment on market speculation."

Also read: Myntra rolls out zero-commission model for new homegrown D2C brands

Her potential exit comes at a time when Myntra remains central to Flipkart’s broader e-commerce strategy. Acquired in 2014, the Bengaluru-based platform has grown into one of India’s largest online fashion destinations, competing with Amazon Fashion, Reliance’s AJIO, Nykaa Fashion, and Meesho.

If the transition goes through, Sharon Pais - currently heading Flipkart Fashion - is likely to take over the role. Pais brings prior experience within Myntra, having served as chief business officer for around four years before moving into her current role. She has been with Flipkart since 2014 and has held several senior leadership positions across the group. Before joining Flipkart, she worked at Procter & Gamble in managerial roles.

Sinha’s next move remains unclear.

Also read: Tier II and III cities drive nearly half of Myntra’s international brand demand

Broader leadership reshuffle amid IPO focus 

The development comes at a time when Flipkart is said to be working towards an IPO in the next 12–15 months. Sinha’s exit would add to the leadership churn across the Walmart-backed e-commerce major and its subsidiaries during a critical phase for the business. 

Very recently, in March 2026, group CFO Sriram Venkataraman stepped down, indicating churn in a critical function as the company readies its financial and leadership structures for the public markets. Moreover, in February 2026, Myntra appointed Pramod Adiddam as its chief technology officer, with immediate effect. He took over the role from Raghu Krishnananda, who had led the company’s product and technology functions for over five years before exiting in April 2025.

Also read: Myntra launches MynShakti 2.0 to support 100 women-led fashion, beauty and home brands

In November 2025, Jeyandran Venugopal, a senior Flipkart executive, exited to join Reliance Retail Ventures as president and CEO, marking a high-profile move to a key rival. This was followed by board-level strengthening, with Dan Neary, a former Meta executive, being inducted into Flipkart’s board in late 2025 as the company geared up governance structures ahead of listing. 

Taken together, these moves could potentially suggest a broader realignment underway at Flipkart - tightening leadership, strengthening governance, and reshaping key roles, just as it prepares for its next phase of growth as a listed company.

Through Myntra and Flipkart Fashion, Walmart is estimated to control about half of India’s $21 billion online fashion segment.