Flipkart unit Myntra and Jabong CEO Ananth Narayanan steps down

Flipkart's Amar Nagaram has been named as the head of Myntra and Jabong, the e-commerce fashion company says.

The chief executive officer of Myntra and Jabong, a unit of Walmart Inc-owned Flipkart, Ananth Narayanan, has left the company to pursue external opportunities, Myntra said on Monday.

Flipkart's Amar Nagaram has been named as the head of Myntra and Jabong, the e-commerce fashion company said in a statement. 

There were speculations that Narayanan would quit after a new reporting structure was put in place when Binny Bansal -- the then CEO at Flipkart Group (which owns Myntra and Jabong) -- quit the company.

As a part of the new structure, Myntra and Jabong were brought under Flipkart, with