Unicommerce CTO Bhupinder Garg steps down

Retail and ecommerce enablement SaaS platform Unicommercehas announced the resignation of Bhupinder Garg from the position of Chief Technology Officer (CTO). According to the company filings, Garg, who has served for over seven years, is leaving the firm due to personal reasons. 

Kapil Makhija, CEO of Unicommerce, announced the news on a LinkedIn post. 

“I want to take a moment to express my deep appreciation for Bhupinder Garg, who has stepped down as our Chief Technology Officer after a long and remarkable journey with Unicommerce,” read the post. 

“Over the past 7+ years, Bhupinder has been instrumental in shaping the architecture that powers our platform today. Under his leadership, we built not just systems but a strong, secure, cost-effective, and highly efficient technology foundation that underpins all of our operations,” he added. 

Following his exit, Ankit Jain will take charge of Engineering, while Rachit Srivastava will lead Product Development–both having spent over seven years at the company.

“Both Ankit and Rachit bring deep domain expertise and, having worked closely with Bhupinder, are well-positioned to ensure a smooth and uninterrupted transition,” Makhija added. 

In March, promoters Kunal Bahl and Rohit Bansal raised their stake in the SoftBank-backed firm by purchasing additional shares from the market. 

The promoters acquired 93,500 shares for a combined investment of approximately Rs 1 crore (Rs 98.96 lakh), as per the company filings. 

With this purchase, the duo now holds 10.85% of the company’s shares, directly and through entities they control.  Both Bahl and Bansal have not sold any shares in Unicommerce at any point in time—before, during, or after the company went public, Unicommerce said in a statement.  

The company caters to over 7,000 customers in India, Southeast Asia, and the Middle East. Its marquee clients include FabIndia, Lenskart, Timex, TCNS, Mamaearth, Sugar, Emami, Urban Company, boAt, Portronics, TMRW, and Mensa.