India, Feb. 24 -- Days after seeing the departure of its cofounder Saurabh Jain, home decor startup Livspace's chief business officer- India (CBO-India) Lalit Mittal has also put down his papers. A company spokesperson told Inc42 that Mittal had resigned over a month ago.

"Mittal has decided to embark on his own entrepreneurial journey after an incredible 6 years with us where he drove a 4x business growth. We view these transitions as a natural evolution of a mature, high-growth organisation," they added.

Moneycontrol was first to report on the development.

Mittal had joined the startup as a senior director of business initiatives in 2019. During his over six years long stint with Livspace, the IIT-Delhi alum held multiple positions -...