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Tag: myntra
FY23 Revenue for Fashion Portal Myntra Rose 25% to Rs 4,375 Crore, While Loss Deepens-thumnail

FY23 Revenue for Fashion Portal Myntra Rose 25% to Rs 4,375 Crore, While Loss Deepens

In FY23, Myntra incurred a total of Rs 5,290 crore in costs. The largest single source of the fashion etailer’s overall spending, advertising, and promotional costs, accounted for Rs 1,758

Business

Jan 3, 2024

Myntra to support and mentor 200 D2C brands under its Rising Stars Program-thumnail

Myntra to support and mentor 200 D2C brands under its Rising Stars Program

The Rising STARS program of Myntra seeks to foster the growth of 200 Direct to Consumer fashion and lifestyle brands in India. By providing these brands with valuable brand-building skills, heightened exposure, and strategic support. Myntra enables them to tap into India’s thriving digital market. It is estimated that this market will attract 400 450 million shoppers by 2027 presenting immense opportunities for expansion. Furthermore. The fashion D2C industry is projected to reach a value of $43.2 billion by 2025. With Myntras program. These brands are well-positioned to capitalize on such promising prospects.

Business

Jul 14, 2023

Flipkart invests $116 million in Myntra in the face of competition from Reliance’s Ajio and Nykaa-thumnail

Flipkart invests $116 million in Myntra in the face of competition from Reliance’s Ajio and Nykaa

Singapore: According to Singapore regulatory filings, Flipkart has invested $116 million in fashion retailer Myntra, according to Economic Times. According to the report, the investment was made on March 25,

News

Apr 15, 2022

Myntra enters social commerce amid online shopping boom.-thumnail

Myntra enters social commerce amid online shopping boom.

Myntra has launched M-Live, getting into social commerce amid the e-commerce boom in India and rise of online shopping. Myntra proclaimed the launch of M-Live, a live video streaming and

Retail

Dec 21, 2021


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