Online fashion retailer Myntra has recently acquired Bengaluru-based Cubeit for an undisclosed amount. Cubeit focuses on building mobile applications that allows users to aggregate content from any given location. “As part of the acquisition, the team at Cubeit has been inducted into Myntra, making it an Acqui-Hire that will further strengthen and expand Myntra’s technology […]
Jabong.com, an online retail store owned by AB Kinnevik and Rocket Internet found itself in a hot-seat when Alibaba, Future Group, Flipkart’s unit Myntra and Aditya Birla’s ecommerce ventureAbof tried to acquire it.
India’s biggest fashion shopping sale, the fourth edition of Myntra’s ‘End of Reason sale’, clocked over two million item orders placed by end of day one of the two-day weekend sale. In the run up to the opening of the sale at 12 am on Saturday, around Rs. 700 crore worth of products were added […]
Myntra – India’s leading fashion portal has launched ‘Try Myntra, you’ll love it’ campaign as a successor to its popular ‘#JustArrived’ tagline. Through this campaign, Myntra aims to address the inhibitions of shoppers who are reluctant to buy clothes online. The campaign is estimated to reach out to 20 million online shoppers who avoid online […]
India’s leading fashion website Myntra apologise in an official company blog on Friday for a major technical glitch. Yesterday, Myntra unintentionally sent many notifications to its users. The fault was causes due ti mobile notifications updation. Myntra relised the mistake and posted a blog of this technical glitch and said sorry for this mess up. On […]
A year after going app-only, fashion e-tailer Myntra will now launch again its desktop website on June 1. Myntra, part of eCommerce giant Flipkart, had attributed the decision to the manifold growth in traffic from smartphones, which prompted it to go mobile-only from May last year. Myntra said the U-turn in its decision was based […]
Myntra, part of Indian’s biggest e-commerce company Flipkart, said it expects to turn profitable by the end of next financial year as the online fashion store looks at slashing discounts and curbing supply-chain costs. Shopping online is becoming more popular in India due to the rising use of cheaper smartphones and India’s e-commerce sector is […]
India’s e-commerce companies reported USD 8.3 billion in gross sales during the festive sale season.
Flipkart Group invested $35 million in Arvind Fashions to lead in clothing brands in Indian eCommerce space.
Locale.ai has raised a pre-seed round of funding led by early-stage venture firm Better Capital.
VC firm Accel indian subsidiary Accel India raises its sixth $550 fund.
Agri-tech startup Gramophone raises USD 3.5 million in funding to expand its operation in other Indian states.