Posts Tagged ‘ Ananth Narayanan ’
Wednesday, January 4, 2017
Dearton Thomas Hector
In a bid to cut costs, Flipkart-owned fashion e-tailer Myntra is shutting down two of its offices in Gurgaon and moving around 200 employees to Jabong’s premises in the same city, said a report in a business daily on Wednesday. Myntra had acquired competitor Jabong from Global Fashion Group la...
Indian e-commerce heavyweights Flipkart and Amazon India are aggressively focusing on the high-margin fashion segment as they aim for profitability in the long run. Both Amazon India and Flipkart are expanding their private labels in addition to exploring more exclusive brand partnerships to open up...
28 December, 2016 |
Flipkart-owned online fashion retailer Myntra said the company has crossed $1 billion in annualised run rate riding on an impressive 80% year-on-year growth, thanks to the $70 million acquisition of Rocket Internet-backed rival Jabong and the peak selling festive season sale events. “This year has...
1 December, 2016 |
Flipkart-owned fashion e-tailer Myntra said on Thursday it has hired Dipanjan Basu from software services firm Wipro Ltd as its chief financial officer. Basu was the CFO and chief operating officer at Wipro’s digital and consulting business. He will join Myntra on 17 October, the company said ...
29 September, 2016 |
Flipkart-owned fashion e-tailer Myntra has moved the research and development team of Jabong in Bengaluru to its own facility, less than two months after it acquired the lifestyle and apparel shopping portal. Both R&D teams will continue to work separately for now but any integration in the futu...
23 September, 2016 |
Pune-based ed-tech firm Makkajai Edu Tech Pvt. Ltd has secured $250,000 in seed funding from a clutch of investors, including Ananth Narayanan, CEO of Myntra and Anand Chandrasekaran, former chief product officer at Snapdeal, it said in a statement. Other investors who participated in the round incl...
9 September, 2016 |
Flipkart-backed fashion portal Myntra recently crossed $1 billion in annualised Gross Merchandise Volume (GMV) run rate, becoming the first Indian fashion e-tailer to hit the milestone. In a chat with TechCircle, Ananth Narayanan, CEO of Myntra, says both Jabong and Myntra will continue to function ...
25 August, 2016 |
Flipkart-owned fashion e-commerce venture Myntra Designs Pvt Ltd has roped in former Amazon India executive Manpreet Ratia as chief people officer and head of new initiatives. Ratia will spearhead key HR initiatives and oversee talent acquisition and retention across verticals. He will also be respo...
2 June, 2016 |
Online fashion retailer Myntra closed the second quarter of the financial year with annualized gross merchandise value (GMV) of around $500 million and 66 per cent growth in top line, helped by lower discounts, the CEO of the Flipkart unit said on Monday. “Our GMV is around $500 million. Our plan ...
7 December, 2015 |
Flipkart-owned fashion e-tailer Myntra has appointed McKinsey India director Ananth Narayanan as chief executive officer. He will be taking over from Myntra’s co-founder Mukesh Bansal who will assume the role of board chairman, as per a press statement. Bansal, who joined Flipkart after it acq...
22 July, 2015 |