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Posts Tagged ‘ Vector E-Commerce Pvt. Ltd ’

Myntra’s Vector E-commerce back in red as FY16 revenue rises 40%

Thursday, January 19, 2017 | More »

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Vector E-commerce Pvt Ltd, the biggest seller on online fashion marketplace Myntra, posted a loss of Rs 8.72 crore in FY16 after turning a profit in the last two financial years, filings with the Registrar of Companies (RoC) show. Profit after tax stood at around Rs 6.5 lakh in FY15. Revenue, howeve...

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

Rocket Internet-controlled fashion e-commerce venture Jabong, which has been on the block for over a year now, was bigger as a ‘marketplace’ compared with Flipkart-owned Myntra in the year ended 31 March 2015 even as the latter burnt more money. Regulatory filings show that Myntra’...

11 July, 2016 | More »