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While a majority of the departing executives are going back into the ecosystem and starting a new business, a small portion of them have chosen to simply change their sectors. The remaining are going back to safety.
Hit by top-deck exits in the past year, Tata Digital, the ecommerce arm of the Tata Group, is trying to assuage senior executives who are still waiting for the stock option component of their pay. This and more in todays ETtech Morning Dispatch.
Utkrishta Kumar to leave by January; current CXO, growth, Megha Agarwal to be his replacement
Utkrishta Kumar, the Chief Experience Officer for business at ecommerce firm Meesho, has resigned after five years with the company. Kumar will be leaving to pursue entrepreneurship, according to an internal email from co-founder and CEO Vidit Aatrey. Megha Agarwal, currently the CXO for growth, will take over Kumar's role, with responsibilities split into three categories.
This isn't Utkrishta Kumar's first foray into entrepreneurship. Between 2011-2012, he founded Mojocircles, an e-commerce startup focusing on handicrafts and connecting artisans across India.