After more than seven years at the heart of Unicommerce’s tech journey, Bhupinder Garg has decided to move on. The Chief Technology Officer, whose fingerprints are all over the company’s core platform, has stepped down citing personal reasons.
Garg’s exit marks the end of a significant chapter for the e-commerce SaaS player, which has grown rapidly in recent years—culminating in its public listing in August 2024.
Unicommerce CEO Kapil Makhija took to LinkedIn to acknowledge the moment, writing a heartfelt note of thanks. “Bhupinder didn’t just help build our platform—he helped define what it could be. What we have today is the result of years of vision, execution, and steady leadership on the technology front,” he shared.
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More than just tech, Garg played a central role in building the company’s engineering and product culture. “We’ve been lucky to have him,” Makhija added, “and the strong team he leaves behind is a testament to the legacy he’s built.”
The New Guard Takes Charge
In the wake of Garg’s departure, Unicommerce isn’t scrambling. Two familiar faces from within the company are stepping up. Ankit Jain will now lead engineering, while Rachit Srivastava will head product development. Both have been with the firm for over seven years, and according to Makhija, they’ve worked closely with Garg and are more than ready to take the reins.
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A Growing Business
Unicommerce’s leadership change comes at a time of strong business momentum. For the quarter ending December 2024, the company posted a revenue of Rs 32.7 crore—up from Rs 26 crore in the same quarter last year. Net profit rose sharply too, increasing 61.5% year-on-year to Rs 6.3 crore.
The company has also been on the move strategically. In December 2024, it picked up a 42.76% stake in courier aggregation platform Shipway Technology for Rs 68.4 crore. Just this month, it completed the acquisition by buying the remaining 57.24%, fully integrating Shipway into its growing ecosystem.
As the platform scales and deepens its footprint across India’s e-commerce backend, the leadership transition will be closely watched. But with a veteran team in place and numbers trending up, Unicommerce looks poised to keep its momentum going.
