Myntra
Recent Highlights
All Stories for Myntra
Flipkart formally closes down fashion portal Jabong 4 years after acquisition; to focus fully on Myntra for apparel business
Fp Staff •In July last year, it was hinted that Walmart-owned Flipkart might close down Jabong after the e-commerce firm had started diverting the shoppers to its own e-commerce firm Myntra.
Fraudsters in Noida accessed personal details of Flipkart, Myntra users: Report
Tech2 News Staff •The police say it is still investigating if the said data was with them by authorisation of the respective companies.
Accel raises $550 million in its sixth round of funding in India
Tech2 News Staff •Accel was one of the first investors in some of India’s marquee startups such as Flipkart, Ola, Myntra, Freshworks, Swiggy, and UrbanClap.
Exclusive: Chiratae Ventures on the verge of closing $275 million fund, ropes in IFC
Sunny Sen •Chiratae is the new avatar of IDG Ventures, which has carved out space for itself in early-stage investing in startups.
Myntra logs Rs 539.2 cr loss in FY19; revenue from operations more than doubled to Rs 1,041 cr
•Flipkart-owned Myntra has seen a manifold rise in net loss to Rs 539.20 crore in FY2018-19, according to regulatory documents
Jabong may cease to exist as independent brand after parent firm Flipkart redirects shoppers to Myntra
Fp Staff •In July 2016, Flipkart's Bengaluru-headquartered fashion e-commerce company Myntra had acquired Jabong for $70 million.
Flipkart issues ESOPs worth $100 million to senior and middle-level staff as part of efforts to retain key talent
Fp Staff •Some employees of Flipkart were given shares worth their full-year salary, while others received shares equivalent to their six-month remuneration, it said
Revised FDI norms for e-commerce: Brands co-owned by Bollywood celebrities likely to get affected
Fp Staff •The government has banned e-commerce companies such as Amazon.com and Walmart-owned Flipkart Group from selling products from companies in which they have an equity interest
Myntra, Jabong CEO steps down to reportedly take over as Hotstar chief
•Flipkart’s Amar Nagaram has been named as the head of Myntra and Jabong.
Ananth Narayanan steps down as Myntra-Jabong CEO to pursue foreign opportunities; Amar Nagaram takes over
•In a statement, Myntra said Narayanan has decided to step down as CEO of Myntra and Jabong to pursue external opportunities.