May 4th, 2016A 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...
February 4th, 2016Jabong, India's leading online fashion retailer said January was its best month since inception in 2011 and it registered the highest month-on-month growth of almost 35% in net revenue and clocking a gross merchandise value of $66 million, which is far more than it's a competitor Myntra.
According to the company, traffic to the Jabong...
January 28th, 2016Myntra, 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...
August 21st, 2015Taxi hailing app Uber has entered into a strategic partnership with Bharti AirtelBSE -2.81 % in a bid to provide internet access to riders and leverage India's largest telecom player's 200 million customer base in India.
As a part of the deal, Uber users get access to free 4G Wifi in Uber cabs starting with Mumbai on Saturday and an...
April 23rd, 2015Working quietly since 2006, Premji Invest investment firm has built up positions and funded around 40 publicly listed and private companies out of a corpus of $1 billion (Rs4,290 crore). Yet, its operations are shrouded in secrecy and the firm has consciously avoided building a public profile.
Premji Invest is a private equity fund...
April 8th, 2015E-commerce giant Snapdeal today acquired online mobile recharge firm Freecharge in India's biggest M&A. The exact amount of the deal is not disclosed yet, but it could be over $400 million in cash and stock, as per sources.
Exceeding the previous biggest M&A in internet consumer space by Flipkart buying Myntra for app. $300...
April 3rd, 2015November 25, 2014, this date created a buzz in online media, when VCCIRCLE reported about the "possible biggest buyout deal" for universe's largest e-commerce firm Amazon inc. when it initiated the talks with Indian lifestyle e-tailer Jabong.com. On analyzing the strong effect of Flipkart-Myntra merger deal for $300 Million, Amazon...
November 6th, 2014While Entering Myntra's new office place, Bangalore You would most probably be caught up in the illusion of entering a high class retail store and believe me, its totally legitimate!
"Right from the front desk till the the end we want you to imagine nothing but Fashion" says Mukesh Bansal, co-founder and CEO. "Its not...
