Unicommerce CTO Bhupinder Garg resigns; here's why

Unicommerce, the listed e-commerce enablement SaaS platform that helps businesses manage their entire e-commerce operations, said chief technology officer (CTO) Bhupinder Garg has stepped down for personal reasons, ending a seven‑and‑a‑half‑year stint that shaped the company's core platform. 

His resignation became effective April 15, according to a stock‑exchange filing.

CEO shares a post on LinkedIn

Announcing the move on LinkedIn, chief executive zwrote, "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. 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. Equally important, he has built and nurtured a world-class engineering and product team—one that is more than capable of carrying the work forward seamlessly," he wrote.

New leaders step up

Makhija also said that the engineering function will now be led by Ankit Jain, and the product development function will be led by Rachit Srivastava. Both joined Unicommerce more than seven years ago.

"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.

Financial performance

Unicommerce, which went public in August 2024, has been expanding on several fronts. Revenue from operations climbed to Rs 32.7 crore in the December quarter, up from Rs 26 crore a year earlier, while quarterly profit jumped 61.5% to Rs 6.3 crore.

Last month, the company announced the completion of its acquisition of the remaining 57.24% stake in a courier aggregation platform, Shipway Technology Private Limited.

The company acquired a 42.76% stake in Shipway Technology Private Limited on December 17, 2024, for a value of Rs 68.4 crore.