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Bengaluru: Amar Nagaram has stepped down as chief executive officer (CEO) of Myntra close to three years after he was appointed as the chief of the fashion e-marketplace, said a person close to the development. Nagaram, who was appointed CEO in January 2019, will now serve in an advisory capacity.

“Amar Nagaram, CEO of Myntra, has been a strong enabler, under whose leadership the company has delivered highly engaging and personalized fashion experiences for customers. After nearly three years of leading Myntra, Amar has decided to leave the Flipkart Group to pursue his own venture," Kalyan Krishnamurthy, CEO, Flipkart Group, which owns Myntra, said in a communication to employees on Friday. “Amar has been an integral part of the group for close to 10 years and has led various teams at Flipkart prior to his current role and we will miss his presence in the team," said Krishnamurthy, to whom Nagaram reported directly.

Mint has reviewed a copy of the email. Nagaram will be with the firm till December-end for a smooth transition. “We will share details of his successor shortly," Krishnamurthy said.

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