Zivame CEO Richa Kar steps away from daily operations

Lingerie startup Zivame's Founder and CEO, Richa Kar, has stepped away from the day-to-day business operations. Shaleen Sinha, who became the Chief Operating Officer in November 2015, has taken over, in what is being called an investor-led rejig. "Richa Kar continues to be the CEO. She works closely with the board on strategic projects for the company," said a spokesperson.