Myntra appoints Ajit Narayanan as its new CTO

Posted on:30 Nov 2016 09:41:09
Myntra appoints Ajit Narayanan as its new CTO
30 November 2016 Current Affairs: Myntra's chief technology and product officer Shamik Sharma has moved into an advisory role at the Flipkart-owned fashion e-tailer, sources told TOI. 

According to people aware of the development, he is expected to leave Myntraafter a four-year stint. Sharma is currently transitioning out of his role at the company while also mentoring other startups, it is learnt.

His move comes at a time when Myntra is trying to re-position the recently acquired smaller rival Jabong amid talks of it being shut down as a separate entity. When contacted, a Myntra spokesperson confirmed the development.

In addition to the acquisition of Jabong which has given Myntra clear dominance in the online fashion space. 

The company at present is also working to launch its long planned omni-channel strategy with physical presence. Myntra is likely to open its first offline branded store this year starting from Bengaluru, while it is also in talks with traditional retail major Shoppers Stop to sell its private brands, TOI reported in its October 17 edition.

Monthly Current Affairs

Current Affairs Section

Daily Current Affairs Quiz

Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs November 2017

24 NOVEMBER
NEWS
23 NOVEMBER
NEWS
22 NOVEMBER
NEWS
21 NOVEMBER
NEWS

Current Affairs October 2017

31 OCTOBER
NEWS
30 OCTOBER
NEWS
29 OCTOBER
NEWS
28 OCTOBER
NEWS

Current Affairs September 2017

30 SEPTEMBER
NEWS
28 SEPTEMBER
NEWS
27 SEPTEMBER
NEWS
26 SEPTEMBER
NEWS