myntra
Amazon takes on India rivals with Bazaar, a low-cost fashion store
Amazon has quietly introduced a “special store” called Bazaar in India, featuring affordable and trendy fashion and lifestyle products, as it ramps up efforts against Walmart-owned Flipkart and Reliance’s Ajio,…
Ambani’s Reliance targets Indian fashion e-commerce with low-cost model
Reliance Industries, run by India’s richest man Mukesh Ambani, is gearing up to deploy a winning strategy from its past playbook for the fashion market: low-cost products. Ajio, Reliance’s retail…
Former Myntra chief’s fashion startup Virgio valued at $161 million in new funding
Fashion startup Virgio, co-founded by Amar Nagaram, former chief executive of Myntra, has raised $37 million in a new financing round as the young firm looks to build “a global…
India’s Mensa, a house of DTC brands, becomes unicorn in just six months
Mensa Brands, an Indian startup that acquires direct-to-consumer brands and helps them scale within the home market and overseas, has become a unicorn just six months after launching its business.…
Join Female Founders Fund’s Anu Duggal for a live Q&A right now
Startups are rebounding. Venture capitalists are open for business. And during the pandemic, the pace of dealmaking has not slowed down. But how is this new era of uncertainty impacting…
India’s Locus raises $22 million to expand its logistics management business
Locus, an Indian startup that uses AI to help businesses map out their logistics, has raised $22 million in Series B funding to expand its operations in international markets. The…
India’s Mfine raises $17.2M for its digital healthcare service
Mfine, an India-based startup aiming to broaden access to doctors and healthcare by using the internet, has pulled in a $17.2 million Series B funding round for growth. The company…
Flipkart CEO Binny Bansal resigns over allegations of ‘serious personal misconduct’
Flipkart, the India-based e-commerce firm owned by Walmart, has lost its Group CEO Binny Bansal after he resigned from the company following an investigation into “serious personal misconduct.” Bansal founded…
India’s Livspace raises $70M for its one-stop-shop for interior design
Livspace, an India-based startup that helps consumers manage home renovations and interior design, has pulled in a $70 million Series C deal that’s led by Goldman Sachs and TPG Growth. Existing…
Two weeks ago, Walmart concluded its investments to acquire a majority stake in Flipkart. This is one of the largest transactions in e-commerce and in the internet space globally, with Walmart deploying US$16 billion to…
Rocket Internet’s Jabong sold to Flipkart-owned rival Myntra for $70M
Finally, Rocket Internet has managed to sell Jabong, its fashion e-commerce site in India, after more than a year of speculation. Myntra, the fashion portal which itself is owned by…
Indian Ecommerce Giant Flipkart Buys Fashion E-tailer Myntra To Fight Amazon’s Growth
India’s biggest e-commerce company, Flipkart, is acquiring fast growing online fashion retailer Myntra, the two companies confirmed today. The pair share two investors, Tiger Global Management and Accel Partners. Flipkart will be acquiring 100% of Myntra,…
India’s Flipkart Nears $330M Myntra Deal, As Common Investors Push To Fight Amazon, eBay
India’s biggest e-commerce company, Flipkart, is in the final stages of completing a merger deal with the country’s fast growing online fashion retailer Myntra, in what could potentially create a much stronger entity…
As we reported on January 31, Indian fashion portal Myntra has just confirmed raising $50 million in fresh funding from investors led by Premji Invest. The new funding comes after…
India Fashion Portal Myntra Raises $50M On A $200M Valuation As Amazon And Flipkart Circle
India’s e-commerce market is projected to grow sevenfold to $22 billion in the next five years, and investors and global e-commerce companies want to have a piece of the action.…
India’s Flipkart In Merger Talks With Fashion Retailer Myntra, As Common Investors Push For Consolidation
Two of India’s biggest e-commerce retailers — Flipkart and Myntra — are apparently in talks to merge, a proposal being pushed by their common investors Accel Partners and Tiger Global.…
Myntra Buys Fitiquette, A Disrupt Finalist With A Virtual Fitting Room, As India’s Online Fashion Market Heats Up
Fitiquette, a developer of virtual fitting room technology and a TC Disrupt finalist in September 2012, has been acquired by Myntra, one of the big fashion and lifestyle e-commerce companies…
