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Assistant coaches T G Purushothaman and Tomasz Tchorz will manage the first team for the remainder of the season.
Kerala Blasters have come under pressure from fans following a poor start to the season.
The Swede who was sacked in mid-December has made a scathing attack on the Blasters management.
Kerala Blasters are going through a tough phase with just one win in seven matches and the recent sacking of head coach.
Stahre posted a note of gratitude shared by a player following his untimely exit.
The Swede wasted no time in booking a flight out of Kochi.
Under his management, the Blasters scored at least one goal in their first nine league matches, a club record.
Under Stahre, the Blasters lost seven of their 12 ISL matches this season.
His current team, Mohun Bagan Super Giants, have conceded just one goal in six matches.
The Blasters' largest fan group is upset by the club's poor performances in the ISL.
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