Myntra is an Indian e-commerce platform for buying branded footwear, apparel and accessories for men and women. The Company has tied up with leading fashion and lifestyle brands in the country such as Nike, Adidas, Puma, Lee, Levis, Wrangler, Arrow, Jealous 21, Biba, Fabindia, US Polo and the likes to offer a wide range in latest branded fashion and lifestyle wear. The Company's value proposition revolves around giving consumers the power and ease of purchasing fashion and lifestyle products online. The Company's offerings include the largest in-season product catalog, authentic products, cash on delivery and 30-day return policy.
In addition, the Company recently developed an in-house application called ‘Style Studio’, a virtual dressing room aimed at making online shopping fun and interactive for shoppers. Myntra's fashion property ‘Star N Style’ is an effort to bring youth icons together to build a strong and a direct brand connect with its customers. Style Mynt, Myntra’s own style blog style offers season’s fashion trends, tips from celebrities and expert recommendations from designers and celebrity stylists.
Key People/Management at Myntra
Ashutosh Lawania
Dipanjan Basu
Manohar Kamath
Ambarish Kenghe
Myntra Office Locations
Myntra Financials and Metrics
Summary Metrics
Founding Date | 2007 |
Total Funding | $158.8 m |
Latest funding size | $50 m |
Time since last funding | 4 years ago |
Investors | Tiger Global Management, Sofina, Kalaari Capital, IDG Ventures India, Accel Partners, PremjiInvest |
Myntra Financials
| INR | |
|---|---|
Revenue (FY, 2016) | 10.7 b |
Revenue growth (FY, 2015 - FY, 2016), % | 41% |
Net income (FY, 2016) | (87.2 m) |
- Source: Techcircle.vccircle, Business-Standard
| INR | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Revenue | 4.3 b | 7.6 b | 10.7 b |
Revenue growth, % | 78% | 41% | |
Net Income | (1.7 b) | (7.4 b) | (87.2 m) |
- Source: Techcircle.vccircle, Business-Standard
| INR | Y, 2016 |
|---|---|
Revenue/Employee | 3.9 m |
