Archives
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COUPONS September 18, 2017 DIWALI COUPONS SALE : 30 Days, 30 Best Offers #DiwaliShopping Jabong, Myntra Upto 50% Off*
By: Loknath DasExactly a month left to celebrate the festival of lights ‘Diwali’ and it is perceived as a metaphor for self-improvement signifying new beginnings and it is your time to do so. Pick brand-new trendy clothing to rejoice the gleam of Diyas and echoes of wishful chants from Jabong and Myntra and be assured to get most out of it […]
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CLOTHING June 21, 2017 Myntra Launches Accelerator Programme For Clothing Brands
By: Loknath DasOnline fashion marketplace Myntra has launched an accelerator programme. As a part of this programme Myntra has partnered with Chemistry and AKS. With the newly launched accelerator programme Myntra is looking to partner with about 10-15 local fashion brands. To be eligible for the accelerator, these brands must be supported with a strong founding team and […]
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June 20, 2017 E-commerce company Myntra gets slammed over ad on ‘Draupadi’
By: Loknath DasNew Delhi: E-commerce portal Myntra landed in a massive controversy after a picture of Draupadi (one of the most important female characters in the Hindu epic, Mahabharata) was allegedly used in an advertisement; which later went viral on social media. The advertisement, which Myntra was accused of publishing, is for endorsing sarees. In the […]
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June 20, 2017 Online fashion retailer Myntra acquires rival Jabong from Global Fashion Group
By: Loknath DasNew Delhi: Flipkart-owned Myntra on Tuesday said it has acquired Jabong from Global Fashion Group for an undisclosed amount, a move that will mark further consolidation in India’s booming e-commerce industry. Myntra, which itself was acquired by Flipkart in 2014 in an estimated Rs. 2,000 crore deal, will have access to a combined base of […]
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COUPONS June 20, 2017 Myntra participates in Flipkart’s Big 10 Sale
By: Loknath Das10 never before offers for customers over 5 days with up to 80% discounts Bangalore: Myntra, India’s largest platform for fashion and lifestyle, is participating inFlipkart’s Big 10 sale to be held fromMay 14thto May 18th. With special offers and discounts of up to 80 % on 3.5 lakh styles and designs, shoppers can prep […]
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August 8, 2016 Myntra acquires content aggregation start-up Cubeit
By: sristy SahaFor the year ended 31 March 2015, Myntra’s revenue grew 77% to Rs.758 crore from Rs.427.26 crore the previous year. Photo: Bloomberg Bengaluru: Online fashion store Myntra Designs Pvt. Ltd has acquired Bangalore-based Cubeit, a start-up that facilitates content aggregation on mobile devices, to gain access to its employees, the company said in a statement […]
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NEWS March 30, 2016 Samsung Pay launches in China; Myntra to take over Forever 21’s retail chain
By: sristy SahaPhoto: Priyanka Parashar/Mint What the world is talking about China’s top three web browsers made user data vulnerable, says report China’s top three Web browsers collected and transmitted data in insecure ways, making hundreds of millions of users’ personal information vulnerable to unauthorized access, according to a report by a Canada-based human rights research group. […]
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ALL DEALS March 16, 2016 Govt hikes funding for start-ups, Flipkart invests more in Myntra
By: sristy SahaPhoto: iStock What to watch out for: • Flipkart invests another Rs.338 crore in its fashion portal Myntra: In an attempt to boost its leadership position in the fashion segment, Flipkart has infused Rs.338 crore into online fashion store Myntra. The fresh funds come at a time when Myntra’s nearest rival, Rocket Internet-backed Jabong, is […]
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NEWS March 16, 2016 Flipkart invests another Rs338 crore in Myntra
By: sristy SahaFor the year ended 31 March 2015, Myntra’s revenue grew 77% to Rs758 crore from Rs427.26 crore the previous year. Photo: Bloomberg In an attempt to boost its leadership position in the fashion segment, Flipkart has infused Rs.338 crore into online fashion store Myntra, according to documents filed with the Registrar of Companies. Myntra Designs […]
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CLOTHING March 4, 2016 Myntra generates biggest monthly sales in January
By: sristy SahaMyntra CEO Ananth Narayanan. Online fashion retailer Myntra.com said that it generated annualized gross sales of $800 million this month, a 70% jump from last January, as the firm splurged on advertising to promote its end-of-season fashion sale. Volumes in January were boosted by Myntra’s private brands, increased contribution of international brands such as Marks […]