Unicommerce, a listed SaaS platform that supports e-commerce businesses in managing their operations, has announced the resignation of its CTO (Chief Technology Officer), Bhupinder Garg. After serving the company for seven and a half years, Bhupinder has stepped down due to personal reasons. The resignation became effective on April 15, as confirmed in a stock exchange filing by the company.
Over the years, Bhupinder Garg has been a key part of Unicommerce’s journey. Under his leadership, the company built a strong, secure, and scalable technology infrastructure that became the backbone of its operations. The CTO also played a crucial role in forming and mentoring a high-performing engineering and product team. This foundation allowed Unicommerce to handle increasing demands while maintaining system efficiency and performance.
CEO Expresses Gratitude in LinkedIn Post
Unicommerce CEO shared a heartfelt message on LinkedIn to thank Bhupinder for his dedication and long-standing service. He praised Bhupinder’s efforts in shaping the company’s tech architecture and in nurturing a world-class team. The CEO said that Bhupinder didn’t just build systems, but helped in forming the strong culture and technical core that drives the company forward.
With Bhupinder stepping down, the engineering leadership has now been handed over to Ankit Jain. The product development division will be led by Rachit Srivastava. Both Ankit and Rachit have been with Unicommerce for more than seven years. According to the CEO, they have worked closely with Bhupinder and possess the technical expertise and vision needed for a smooth leadership transition.
Unicommerce, which went public in August 2024, has been on a steady growth path. The company’s revenue from operations increased to Rs 32.7 crore in the December quarter, compared to Rs 26 crore during the same quarter a year ago. Its profit also grew significantly, rising 61.5% to reach Rs 6.3 crore, showcasing the company’s expanding presence in the SaaS market.
Unicommerce Completes Full Acquisition
In a major business move, Unicommerce recently completed the acquisition of Shipway Technology Private Limited. In December 2024, the company initially purchased a 42.76% stake for Rs 68.4 crore. Last month, Unicommerce acquired the remaining 57.24%, making Shipway a fully owned subsidiary. This acquisition is expected to enhance Unicommerce’s courier aggregation capabilities and strengthen its logistics tech offerings.
Unicommerce’s leadership transition signals a new chapter as it continues to scale and innovate in the growing Indian e-commerce enablement space.
