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Myntra is an Indian fashion e-commerce company headquartered in Bengaluru, Karnataka, India. [1] The company was founded in 2007-2008 to sell personalized gift items. [2][3][4][5] In May 2014, Myntra.com was acquired by Flipkart. [6][7][8][9] In May 2022, Myntra launched an express delivery service on its app to offer a one-of-a-kind experience ...
Mukesh Bansal (born September, 1975) is an Indian entrepreneur [1] known for his contributions to the e-commerce, health-tech, and startup ecosystems. He is the co-founder of Myntra, Cult.Fit, [2] and Meraki Labs, and has played a significant role in shaping India's tech and entrepreneurial landscape. Mukesh has been listed in the Best 40 under ...
Nykaa opened its initial public offering (IPO) on 28 October 2021. [24] The IPO raised ₹ 5,352 crore (US$640 million) at a valuation of US$ 7.4 billion. Nykaa was publicly listed on the NSE and BSE on 10 November 2021, and its price rose by 89.2% on opening day, valuing the company at nearly US$ 13 billion. [ 25 ]
India's e-commerce market was worth about $3.9 billion in 2009. As per "India Goes Digital", [10] a report by Avendus Capital, the Indian e-commerce market is estimated at ₹28,500 crore ($6.3 billion) for the year 2011. Online travel constitutes a sizable portion (87%) of this market today. Online travel market in India had a growth rate of ...
The strategy yielded strong results. From 2017 to 2021, Snapdeal's revenue grew by 74% [15] at its peak, while losses were cut by nearly 95%. [16] Between the financial years in 2018 and 2020, the number of unique customers on Snapdeal's platform also tripled to 27 million. More than 90% of Snapdeal's orders came from non-metro users. [5] [17]
Jabong.com was an Indian fashion and lifestyle e-commerce portal founded by Praveen Sinha, Lakshmi Potluri, Arun Chandra Mohan and Manu Kumar Jain. In July, 2016 Flipkart acquired Jabong through its unit Myntra for about $70 million. In February 2020, Flipkart formally shut down Jabong to shift focus completely on its premium clothing platform ...
The price of Costco’s premium “Executive Membership” also went up, by $10 to $130 a year. However, those members will soon be able to earn a maximum of $1,250 in rewards annually versus ...
Year Type Company Name Notes Valuation/Stake Cites 2012: Joint Venture: Hackett: Hackett Limited is a British clothing brand for men and boys. Hackett is partnered with Madura Fashion owned by Aditya Birla Group. 50% stake [24] 2016: Partnership: Ted Baker: Ted Baker is a British high-street clothing retail company owned by J Swamy, founded in ...
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