Myntra

The move grants access to different selections across thousands of brands, alongside GST-enabled benefits intended to streamline small and bulk business purchases for retailers and corporate buyers, the company said in a statement.

Myntra profit widens to Rs 548 crore in FY25, revenue up 18% YoY

The surge in profitability came on the back of higher revenues and tighter cost controls, particularly in employee expenses.

Quick commerce investments in Flipkart, Myntra pressure Walmart International’s profit margins

Walmart is betting big on 15-minute fulfilment in India, even as rising infrastructure and discounting costs test the profitability of its international arm

E-commerce platforms gear up for festive rush as smaller cities drive early demand

This means a rise in jobs, even if temporary, in places outside the list of big cities, with staffing companies saying they are getting requests from cities like Coimbatore, Jaipur and Nagpur.

Myntra bets on shoppable videos to boost engagement and drive sales growth

With Glamstream, Myntra aims to boost engagement by 15% and double revenue from its content commerce business in the first year.

Myntra doubles down on 30-minute fashion delivery, expands M-Now to Delhi-NCR, Mumbai

With this expansion, M-Now now offers 90,000 products from over 600 brands across the country’s top three metros, powered by more than 40 dark stores, the company said.

Myntra creates over 20,000 gig jobs to meet expected demand surge during annual sale

The new roles will support logistics, customer service, and last-mile delivery operations to meet the expected surge in demand

Myntra takes first step abroad with Singapore launch

To be sure, Myntra will not set up an office in Singapore and the products too will be shipped from India. The company expects shipments to reach in 4-7 days.

Walmart-owned Myntra to begin operations in Singapore

Myntra is expected to go live in Singapore in the coming weeks and will majorly focus on Indian ethnic wear, among other categories, during the initial period, a source told Moneycontrol.

Myntra’s chief product and technology officer Raghu Krishnananda quits Walmart-owned firm

Krishnananda is the second CPTO to depart from the Flipkart group in a span of about two months. On February 5, Moneycontrol had reported that Jeyandran Venugopal, CPTO at Flipkart, was leaving after an eight-year-long tenure.

Myntra loses Rs 50 crore to scammers, 5,529 fraudulent orders were placed in Bengaluru: Report

Myntra Designs enforcement officer Sardar MS said that the fraud came to light during an audit. The Bengaluru Police said they suspect the involvement of a gang from Rajasthan.

Myntra turns profitable in FY24; Revenue up 15% at Rs 5,122 crore

Myntra looks on course to hold its performance in FY25. Earlier this year, Walmart said Myntra improved Flipkart’s business profile by being profitable on an EBITDA basis for two quarters

Myntra jumps onto 30 minute deliveries, won't charge customers for now

While the service, M-Now, is currently live in Bengaluru, it will expand to Mumbai, Delhi, Pune and others in the coming months. The company will also increase assortment to 1,00,000 from 10,000 currently over time.

Reliance Retail announces entry into luxury jewelry segment

With the move, Reliance Retail will compete with new-age companies like Tata’s CaratLane and other legacy brands. To be sure, the company already operates Reliance Jewels but that is targeted at the mass market.

Nandita Sinha tightens grip on Flipkart Fashion, appoints Myntra’s Sharon Pais as business head

Several senior employees at Flipkart Fashion, including VPs Padmakumar Pal and Rakesh Jallipally, along with senior directors Manish Sharma and Pallavi Saxena will now report to Pais, according to an internal email seen by Moneycontrol.

Leading Flipkart Fashion, Myntra two very different jobs, says chief Nandita Sinha

India's e-lifestyle market is estimated to be around $40-45 billion in size by 2028, up from $16-17 billion currently.

Flipkart Fashion head Arief Mohamad to quit; Myntra CEO Nandita Sinha will lead operations

Flipkart Fashion and Myntra will retain their independent structure, even though they will be led by the same person.

Walmart assessing right time for Flipkart IPO, sees strong growth in PhonePe too

Walmart also said that Myntra's robust performance is lifting Flipkart's profile as a business.

Mukesh Bansal named Cultfit executive chairman, Naresh Krishnaswamy made CEO

Krishnaswamy’s LinkedIn update revealed that he has been CEO of the fitness satrtup since October 2023. He’s an alumnus of IIT Madras and IIM Calcutta.

EBITDA positive for last two quarters, says Myntra

New Delhi, Mar 27 Fashion e-commerce platform Myntra said it has been on a strong growth trajectory since the second half of 2023 and has remained E..

Myntra obtains franchise rights for UK's fashion brand NEXT

The association allows Myntra Jabong Pvt. Ltd, Myntra's B2B wholesale entity, the right to distribute NEXT's range of products, while holistically scaling NEXT's omni-channel presence in India, a company statement said.

Venu Nair joins Myntra to lead strategic partnerships

Nair will be responsible for strengthening Myntra’s existing international brands portfolio, while building strategic partnerships with leading global brands and will also be managing omni-channel strategy for brands, a company statement said.

Myntra's FY23 revenue up 25% at Rs 4,375 cr; loss widens by 31% to Rs 782 cr

Advertising and promotional expenses accounted for 32 percent of Myntra’s total expenses and were the second-largest component for the company

Myntra's EORS 19 kicks off with early access for 8 million insiders!

Daily limited-time deals will be available for the shoppers for the best value throughout the day in Deal O' Clock, Happy Hour, jackpot deals, and more.