Livspace CBO Lalit Mittal quits amid layoffs, cofounder exit

Home decor startup Livspace’s chief business officer (CBO) Lalit Mittal has left the firm following cofounder Saurabh Jain’s exit.

“We can confirm that Lalit Mittal, who served as our Chief Business Officer, transitioned out of the company over a month ago,” a company spokesperson said in a statement responding to ET.

Mittal has decided to pursue his own entrepreneurial journey after spending six years at Livspace, according to the statement. “We are incredibly grateful for his contributions and leadership during his tenure, and wish him the absolute best as he builds his next venture,” it added.