Another Big Exit At Flipkart?
Myntra and Jabong CEO Ananth Narayanan may quit following Binny Bansal’s exit from Flipkart, Business Standard (paywall) reports, citing people in the know. Narayanan was reporting to Bansal earlier, but following a structural rejig all group companies – Myntra, Jabong, and PhonePe – have come under CEO Kalyan Krishnamurthy. Reports suggest Krishnamurthy has a different working style, and he and Narayanan don't see "eye to eye" on several issues, including the integration of Myntra and Jabong with Flipkart Fashion. Meanwhile, Moneycontrol quotes a person as saying that "Narayanan won’t stay for long because Krishnamurthy already has Rishi Vasudev" (VP for fashion, home and furniture).