Meesho CXO Harsh Chaudhary Leaves for E-Commerce Giant Flipkart

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Three points you will get to know in this article:

  • Harsh Chaudhary left Meesho after two years as CXO.
  • He joined Flipkart as VP of customer experience in February 2024.
  • Meesho saw other executive departures, with Megha Agarwal appointed as the new CXO for the business division.

Harsh Chaudhary's Transition from Meesho to Flipkart

Another notable departure from the leadership team of the flourishing ecommerce company Meesho is Harsh Chaudhary, who recently stepped down from his role as the CXO of monetisation. After dedicating two years to the company, Chaudhary decided to move on.

According to Chaudhary’s LinkedIn profile, he embarked on a new journey in February 2024 by joining Flipkart as the VP of customer experience. In his new role, he focuses on enhancing platform traffic and expanding the number of active customers.

During his tenure at Meesho, Chaudhary spearheaded the advertising and financial services divisions, showcasing his expertise in these areas. Before his stint at Meesho, he gained valuable experience at Disney+ Hotstar and Myntra. At Disney+ Hotstar, he held the esteemed position of senior vice president and CxO of business and strategy, where he played a pivotal role in leading various teams, including those responsible for growth partnerships, strategy formulation, and analytics.

Chaudhary’s journey reflects a commitment to growth and innovation, and his contributions have undoubtedly left a mark on the companies he’s been a part of.

Meesho's Recent Executive Resignations and Appointments

Chaudhary is the most recent high-level executive to resign from Meesho in recent months. Last year, Utkrishta Kumar, the Chief Experience Officer of Meesho’s business division, also left after serving for five years. The e-commerce unicorn has now appointed Megha Agarwal as the new CXO for the business division.

Not long after, Meesho’s chief product officer, Kirti Varun Avasarala, decided to step down after dedicating four years to the company.

Meesho's Company Updates and Growth

Established in 2015 by Vidit Aatrey and Sanjeev Barnwal, Meesho proudly boasts a community of over 1.5 million sellers on its online platform, spanning the corners of India. The company also takes pride in serving more than 140 million active users annually.

Just a few weeks ago, the ecommerce venture initiated a generous INR 200 crore (approximately $25 million) employee stock ownership plan (ESOP) buyback program. Meesho proudly declared this as its largest ESOP buyback endeavor to date, aiming to benefit approximately 1,700 past and present employees.

Meesho has prominent investors such as DST Partners, Elevation Capital, Facebook, and Prosus. Its parent company, Fashnear Technologies, saw a 48% decrease in net loss, from INR 3,248 Cr in the previous fiscal year to INR 1,675 Cr in FY23. In December of last year, the ecommerce unicorn announced that it became profitable in the second quarter of FY24.

Harsh Chaudhary, the former CXO of monetization at Meesho, transitioned to Flipkart as the VP of customer experience, focusing on strategy formulation and growth partnerships. His departure marks another notable executive resignation from Meesho following Utkrishta Kumar and Kirti Varun Avasarala. Meesho, established in 2015, boasts a massive community of sellers and a significant user base, recently initiating a substantial INR 200 crore employee stock ownership plan buyback. With key investors like DST Partners, Elevation Capital, Facebook, and Prosus, Meesho’s parent company, Fashnear Technologies, notably reduced its net loss, affirming its profitability in the second quarter of FY24.

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