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Myntra

FirstClub raises $8mn in seed funding round from Accel and RTP Global

The company was founded by Ayyappan R, former senior VP at Flipkart, chief business officer at Myntra, and the erstwhile CEO of Cleartrip

FirstClub raises $8mn in seed funding round from Accel and  RTP Global
Updated On : 12 Dec 2024 | 1:41 PM IST

Amazon to enter quick commerce race with 15-min delivery trial in Bengaluru

This initiative marks Amazon's first venture into offering a 15-minute delivery service globally; the initial rollout will include 1,000-2,000 products

Amazon to enter quick commerce race with 15-min delivery trial in Bengaluru
Updated On : 10 Dec 2024 | 5:03 PM IST

We continue to grow ahead of the market, says Myntra CEO Nandita Sinha

Sinha said Myntra touched 70 million monthly active users during this festive season, and the Gen Z customer base doubled in one year

We continue to grow ahead of the market, says Myntra CEO Nandita Sinha
Updated On : 05 Dec 2024 | 10:27 PM IST

Flipkart-owned Myntra launches 30-minute order delivery with 'M-Now'

With the launch of M-Now, Myntra is among the first vertical players of scale globally to start delivering fashion at hyper speed

Flipkart-owned Myntra launches 30-minute order delivery with 'M-Now'
Updated On : 05 Dec 2024 | 9:25 PM IST

Abercrombie & Fitch expands into India via partnership with Myntra Jabong

American lifestyle retailer Abercrombie & Fitch Co. on Thursday announced a multi-year franchise partnership with Myntra Jabong, the business-to-business wholesale arm of fashion and lifestyle e-commerce platform Myntra. The collaboration aims to expand Abercrombie & Fitch's retail presence in India through physical stores and e-commerce platforms, enhancing its brand reach in the region. "Over the life of the franchise agreement, Myntra Jabong will build a brick-and-mortar retail store presence in the country, regional e-commerce sites and branded digital storefronts operated by a network of licensed and independent third parties," a company statement said. Abercrombie & Fitch Co. CEO Fran Horowitz expressed enthusiasm about engaging with Indian customers and said India is an incredibly dynamic and diverse market where the brand sees "tremendous long-term potential". Store presence will be built starting from top metros, including Delhi and Mumbai, which would be among ...

Abercrombie & Fitch expands into India via partnership with Myntra Jabong
Updated On : 05 Dec 2024 | 2:35 PM IST

Retailers eye big gains from Black Friday sale as shoppers go all out

Apparel retailers are also optimistic. The winter chill, coupled with the bustling wedding season, has pushed up demand for thicker clothing and occasion wear

Retailers eye big gains from Black Friday sale as shoppers go all out
Updated On : 30 Nov 2024 | 12:13 AM IST

Myntra pilots foray into quick commerce with 'M-Now' in parts of Bengaluru

Flipkart-backed lifestyle e-commerce platform Myntra is piloting a quick delivery service that guarantees delivery within two hours in select areas of Bengaluru. The pilot project, "M-Now," is operational in a few pin codes in Bengaluru and offers a limited selection of products "to see how it works", according to a source. The service will be rolled out to additional locations based on the learnings from the pilot, the source added. In 2022, the Bengaluru-based firm launched an express delivery service called M-Express in metro cities, aiming to deliver products within 24-48 hours of order placement. "We launched M-Express earlier, towards enhancing the customer-experience with regard to speed and have been experimenting with a pilot for faster delivery in a select few pincodes. We will look at expanding it further based on the insights gained, before launching it formally," a Myntra spokesperson told PTI. While quick commerce platforms are increasingly adding beauty and fashion

Myntra pilots foray into quick commerce with 'M-Now' in parts of Bengaluru
Updated On : 23 Nov 2024 | 6:16 PM IST

YouTube Shopping expands in India, collaborates with Flipkart and Myntra

The video platform said the global success of YouTube Shopping, with over 30 billion hours of shopping-related content watched in 2023, shows the power of connecting creators, viewers, and brands

YouTube Shopping expands in India, collaborates with Flipkart and Myntra
Updated On : 25 Oct 2024 | 10:46 PM IST

Women bring home the sales, delivering festival wins for e-commerce firms

Flipkart said that among the blue-collar workforce it has hired for this festive season, there is a 24 per cent growth in women hired compared to the Big Billion Days (BBD) sale event in 2023

Women bring home the sales, delivering festival wins for e-commerce firms
Updated On : 13 Oct 2024 | 10:58 PM IST

Myntra Big Fashion Festival registers record 627 million user visits

The e-commerce firm onboarded over 1.5 million new customers, with over 80 per cent coming from non-metros

Myntra Big Fashion Festival registers record 627 million user visits
Updated On : 10 Oct 2024 | 6:16 PM IST

Nykaa, Licious pilot fast delivery services to meet growing consumer demand

As quick commerce reshapes retail, Nykaa, Licious, and Myntra are testing ultra-fast delivery models to cater to growing consumer demand across various product categories

Nykaa, Licious pilot fast delivery services to meet growing consumer demand
Updated On : 09 Oct 2024 | 9:41 AM IST

E-commerce order volumes grow 20% in first 4 days of festive season sale

Despite only a marginal increase in volumes, the home decor category reported an impressive 50 per cent increase in GMV over last year

E-commerce order volumes grow 20% in first 4 days of festive season sale
Updated On : 01 Oct 2024 | 7:47 PM IST

Festival season sales kick off to record-breaking start for e-com majors

Meesho reported a 100% increase in Day 1 orders compared to last year

Festival season sales kick off to record-breaking start for e-com majors
Updated On : 30 Sep 2024 | 11:41 PM IST

Myntra CEO Sinha gets additional responsibility to lead Flipkart Fashion

Arief Mohamad, the vice president and head of Flipkart Fashion, is leaving the e-commerce company after spending nine years at the firm, according to sources

Myntra CEO Sinha gets additional responsibility to lead Flipkart Fashion
Updated On : 02 Aug 2024 | 9:39 PM IST

Myntra expands into gifting category with over 70k options across sections

The Walmart-owned firm has also expanded into fresh categories, offering 3000 products across cakes, flowers, live plants and gourmet gift hampers

Myntra expands into gifting category with over 70k options across sections
Updated On : 25 Jul 2024 | 1:36 AM IST

India embraces 24-hour retail, nighttime consumer spending soars by 60%

Data from Simpl's Checkout Scan shows a remarkable 60 per cent increase in total payment volumes for orders placed between 10 pm and 4 am over the past year

India embraces 24-hour retail, nighttime consumer spending soars by 60%
Updated On : 27 Jun 2024 | 3:05 PM IST

Non-metros emerging as significant contributors to fashion: Myntra's CBO

Sharon Pais says the demand for international fashion labels, particularly from tier-II cities and beyond, has seen a notable uptick

Non-metros emerging as significant contributors to fashion: Myntra's CBO
Updated On : 29 May 2024 | 10:22 PM IST

Operationally profitable for two quarters: Fashion platform Myntra

Brands on Myntra have recorded strong year-on-year (YoY) growth, with the catalogue size on the platform also having grown by over 50 per cent in the last year

Operationally profitable for two quarters: Fashion platform Myntra
Updated On : 26 Mar 2024 | 10:42 PM IST

Myntra obtains India franchise rights for UK's fashion brand NEXT

E-commerce platform Myntra on Friday said it has bagged franchise rights for UK's fashion brand NEXT for the country. Myntra has signed a franchise agreement with UK's fashion brand NEXT to this effect. 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. "As a part of this franchise agreement, Myntra's business-to-business (B2B) entity will set up NEXT branded stores in India," it said. It added that the association enables NEXT to tap into the vast, diverse and ever-evolving Indian market by allowing Myntra Jabong Pvt Ltd to distribute its products on a wholesale basis. "With a successful trajectory of growing NEXT online in India, our first year of working together has resulted in establishing the right product, audience and price fit in the country. "With a strong playbook in exponentially building adoption for

Myntra obtains India franchise rights for UK's fashion brand NEXT
Updated On : 22 Mar 2024 | 10:58 PM IST

Myntra names Venu Nair as chief of strategic partnerships and omnichannel

Nair joins Myntra's senior leadership team where he will be responsible for strengthening the online fashion retailer's existing international brands portfolio

Myntra names Venu Nair as chief of strategic partnerships and omnichannel
Updated On : 21 Feb 2024 | 9:01 PM IST