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Posts Tagged ‘ Myntra.com ’

Delhi-NCR is the most preferred startup hub: InnoVen survey

Friday, February 19, 2016 | More »

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Delhi-NCR has emerged the most sought-after location for startups closely followed by Bangalore and Mumbai, reveals the ‘India Startup Outlook Report 2016’ published by venture debt firm InnoVen Capital (formerly SVB India). While Delhi NCR and Bangalore were neck to neck for bootstrapped and ve...

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Roadster beats Nike as Myntra strives to push private labels

Online fashion retailer Myntra’s efforts to increase the contribution of private labels to its sales seem to be proving harder than it initially thought. Private labels accounted for about 20 per cent of the company’s gross sales in 2015, the Flipkart unit said on Thursday. This is almost the sa...

28 January, 2016 | More »

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Myntra GMV now around $500M, says CEO

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 | More »

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Myntra moves away from app-only strategy, restarts mobile website

Flipkart owned fashion e-tailer Myntra is relaunching its mobile website, six months after it went app-only. However, only parts of the mobile site were functional and a user could access only select product categories. E-commerce giant Flipkart too had done  a u-turn on its app-only strategy last ...

1 December, 2015 | More »

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Top-level churn at fashion e-tailer Myntra

Flipkart-owned fashion e-tailer Myntra said on Thursday that its HR chief Pooja Gupta and head of new initiatives Ganesh Subramanian have quit. The development come a few months after Myntra named former McKinsey India director Ananth Narayanan as CEO as part of a rejig in which the company’s co-f...

10 September, 2015 | More »

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The app-only move is working well for Myntra, says CTO Shamik Sharma

Contrary to popular perception, fashion e-tailer Myntra’s transition to the app-only mode is not hurting overall sales, its chief technology officer Shamik Sharma claims. “It’s true that we have lost a portion of our customers due to this app-only approach but I believe that has been c...

24 July, 2015 | More »

Ambarish Kenghe

Fashion e-tailer Myntra appoints former Google executive Ambarish Kenghe as product head

Flipkart-owned lifestyle e-commerce venture Myntra Designs Pvt Ltd has appointed former Google executive Ambarish Kenghe as senior vice president and product head. Kenghe’s mandate is to scale up Myntra’s product road map and leverage the mobile smartphone revolution in India, as per a press...

14 July, 2015 | More »

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Flipkart to do a Myntra; may go app-only from September

Come September, India’s largest e-commerce major Flipkart may adopt an app-only approach by phasing out its web presence. The move comes barely two months after Flipkart-owned fashion e-tailer Myntra morphed into an app only player. The development was first reported by The Times of India, wh...

7 July, 2015 | More »

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Myntra launches ‘Designer in Residence’ programme under its fashion incubator, to invest up to $1M in selected brands

Flipkart, the largest consumer focused e-commerce company in India, which also owns fashion e-tailer Myntra.com, has launched a ‘Designer in Residence’ programme under its Myntra Fashion Incubator (MFI) initiative. According to the company, the idea behind setting up the MFI is to mentor young e...

1 October, 2014 | More »

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Prasad Kompalli joins Myntra as its chief strategy officer

Bangalore-based Myntra Designs Pvt Ltd, which runs the fashion and lifestyle e-commerce site Myntra.com, has appointed Prasad Kompalli as its first chief strategy officer. In his role, Kompalli will set up and head the corporate strategy and business analytics team at Myntra. “What drove me to tak...

15 January, 2013 | More »

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