Myntra targets $2 bn revenue run rate, profitability in FY18

Binu Paul

Flipkart-owned online fashion retailer Myntra said the company has crossed $1 billion in annualised run rate riding on an impressive ....

1 December, 2016

Myntra appoints Wipro exec Dipanjan Basu as CFO

Disha Sharma

Flipkart-owned fashion e-tailer Myntra said on Thursday it has hired Dipanjan Basu from software services firm Wipro Ltd as its ....

29 September, 2016

Jabong sell-off will help us move towards profitability, says parent GFG

Manu P Toms

A realisation that it will have to pump in huge amount of capital to stay in the game and a determination to get rid of its highest ....

26 July, 2016

Jabong parent ups fundraising round by $33 mn

Team TC

Global Fashion Group (GFG), the parent of loss-making Indian fashion portal Jabong, has added €30 million ($33 million or ....

22 July, 2016

Why Rocket Internet's India bets misfired

Manu P Toms & Vijayakumar Pitchiah

There is a scary similarity between Jabong and Foodpanda, although one is an online fashion store and the other a food-ordering ....

27 July, 2016

Myntra's cash burn higher than Jabong's in FY15

Manu P Toms

Rocket Internet-controlled fashion e-commerce venture Jabong, which has been on the block for over a year now, was bigger as a ....

11 July, 2016

Former Snapdeal exec Rahul Taneja joins Jabong as chief business officer

Vijayakumar Pitchiah

Former Snapdeal executive Rahul Taneja has joined Rocket Internet-incubated fashion e-commerce venture Jabong as chief business ....

10 May, 2016

Jabong parent raises $339M; valuation plunges

Team TC

Global Fashion Group, the parent of loss-making Indian fashion portal Jabong, has raised fresh funding from its existing investors ....

27 April, 2016

Jabong's owner GFG raises $168M from existing investors AB Kinnevik and Rocket Internet

Bhawna Gupta

Global Fashion Group (GFG), the holding company of Gurgaon-based lifestyle fashion and apparel e-tailer, has raised ....

1 July, 2015

Jabong comes under Global Fashion Group; ex-Amazon executive named CEO of global venture

Anuradha Verma & Anuradha Verma

Indian lifestyle e-tail venture Jabong has been brought under a new holding firm Global Fashion Group (GFG), which also houses ....

8 April, 2015

Amid sell-out talks with Amazon, Jabong a step closer to merge into Global Fashion Group

Priyanka Sahay

A string of five Rocket Internet-incubated fashion e-com ventures have moved a step closer to integrate into Global Fashion Group ....

22 December, 2014