Bangalore, January 21, 2013: Prasad Kompalli is the first Chief Strategy Officer at Myntra, India’s largest online retailer of lifestyle and fashion products. He will set up and head the Corporate Strategy and Business Analytics team at Myntra to help develop overall strategy for long term, sustainable growth and market leadership.
Says Mukesh Bansal, CEO & Co-Founder, Myntra: “Prasad brings 15 years of leadership and strategy experience from senior management roles in technology companies. In this role, Prasad will be driving various new initiatives, charting the long term business strategy and operational alignment to the overall strategy. We see Prasad playing a crucial role in helping Myntra become dominant and profitable.”
Adds Prasad: “Myntra is at a very important and exciting stage of evolution as a company. It is definitely poised to further its leadership position in the category and is at the forefront of innovations. What drove me to take up this role here is really, Myntra’s compelling vision to build a world class platform leveraging the full potential of technology.”
Prior to joining Myntra, Prasad was the Senior Vice President of Technology and Innovation Platform at SAP Labs. He was one of the Top 200 global leaders at SAP and held various strategy and general management roles. He was leading an international team of 600+ engineers developing key technology products in the areas of mobility, business process management, EAI etc. of SAP. He also holds 8 patents in his name in the mobility and integration areas and a publication in IEEE (Institute of Electrical and Electronics Engineers) about large scale transnational software development. Most recently, he founded a company for developing active medical implants for emerging markets and also has been consulting with companies in the areas of product and technology strategy, organization building, customer engagement and evangelism.