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Myntra introduces Tribe by Amrapali on its platform

Strengthening its portfolio of jewellery brands, Myntra on Friday announced the launch of Tribe by Amrapali on its platform. A Jaipur based jewellery major, Amrapali is known both in India and abroad for its elegant personification of India’s heritage through its...

Myntra introduces ‘Try and Buy’, aims to simplify online shopping

Online fashion major, Myntra has recently announced the introduction of ‘Try and Buy’ (T&B), a new service option aimed at breaking the final barrier to shopping fashion online; touch and feel experience. The feature will allow consumers to try the products...

Shoppers Stop's Manohar Kamath to head Myntra fashion brands

Myntra, a Flipkart Group company, has recently announced the appointment of Manohar Kamath as head of ‘Myntra Fashion Brands’ (MFB). A seasoned leader in the fashion and retail industry with over 25 years of experience, Kamath will take over from...

Flipkart emerges as the e-commerce company of the year

E-commerce major, Flipkart has emerged as the ‘E-commerce Company of the Year’ in a nationwide consumer study conducted by BW BusinessWorld Group in association with Nielsen. While Flipkart won seven awards, Myntra and Jabong got one award each, crowning Flipkart...

Jabong’s Sanjeev Mohanty joins Levi Strauss

Jabong's former CEO & Managing Director, Sanjeev Mohanty, has joined Levi Strauss & Co. as Managing Director of the firm’s South Asia operations. He is credited with building Benetton into the largest foreign fashion brand in the country during his 11-year stint with them. Mohanty...

Home design startup Livspace raises Rs 100 crore from existing investors

Online home design start-up Livspace, which is run by Home Interior Designs E-commerce Pvt. Ltd, has raised Rs.100 crore from existing investors Bessemer Venture Partners, Jungle Ventures and Helion Venture Partners. Other existing investors Jungle Ventures and Helion Ventures...

MobiKwik raises US$ 40 million from Net1

Gurugram-based digital wallet start-up MobiKwik has raised US$40 million (nearly Rs 270 crore) from Net1, a South African payments technology entity specialising in developing solutions for the unbanked in developing nations. Net1 is listed on Nasdaq, the American stock exchange,...

MobiKwik pivots business strategy; targets profits by April 2018

Gurugram-based mobile payments network MobiKwik aims to become profitable by April 2018, as it pivots its business strategy to increase presence in the offline space, a senior company official said. "We expect to become profitable by 2018 and continue to...

Annualised GMV for e-commerce firms in India dips 10 pc in Q2

Annualised GMV for e-commerce companies in India fell 5-10 per cent in the second quarter of 2016 to US$13 billion, impacted by fewer discounts by players like Flipkart and Snapdeal, research firm RedSeer said. "While there was a strong growth...

Myntra clocks $1 bn annual GMV run rate in July

Leading e-commerce platform for fashion and lifestyle products Myntra today said ithas crossed $1billion run rate in annualized GMV post discounts in July this year. "This is the first time ever that an Indian fashion brand has recorded $1...
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Indus Valley Cosmetics to Invest ₹40 Crores in R&D

The brand aims to enhance the visibility of its flagship product ‘Organic Gel Hair Colour’ through nationwide advertising and...
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