India, April 10 -- Flipkart-owned fashion ecommerce platform Myntra's chief product and technology officer (CPTO) Raghu Krishnananda has stepped down from the company after a five-year stint.

As per an internal memo seen by Inc42, Myntra CEO Nandita Sinha said that Krishnananda stepped down to "explore the next chapter of life outside of Myntra". As the company scouts for a new CPTO, all reportees of the outgoing executive will answer Sinha.

"After a stint of over 5 years, Raghu has decided to explore the next chapter of life outside of Myntra. As we seek the right talent to take on his responsibilities, Raghu's direct reports will report to me in the interim. I thank him for his contributions and wish him success in the journey ahead,"...