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Kidswear registers highest growth on Myntra in 2020. Private labels contribute 20% of Myntra’s over all revenue. Established by Mukesh Bansal along with Ashutosh Lawania and Vineet Saxena; Myntra sold on-demand personalized gift items. ... Myntra’s decision to change its logo in … At the same time, it's book networth has decreased by -117.54 %. Flipkart-owned online fashion marketplace Myntra saw its revenue slip nearly 6%, from INR 4,516 Cr in the fiscal year 2018-19 In May 2014, Myntra.com was acquired by Flipkart. Online fashion retailer Myntra Designs' advertisement expense jumped to Rs 468 crore for the fiscal ended 31st March 2020 from Rs 395.2 crore in the previous fiscal. Myntra is an Indian fashion e-commerce company headquartered in Bengaluru, Karnataka, India. “We have beaten the industry record, I don’t think anybody has done nearly Rs 100 crore of sale in one day,” said Prasad Kompalli, head of ecommerce at Myntra, which turned into a mobile app-only etailer last year. Some … "Myntra has a long tail of small brands that are not contributing much in terms of sales. Roadster, which is another in-house brand, makes $34 million (R200 crore) in revenue. Myntra Designs Private Limited's operating revenues range is Over INR 500 cr for the financial year ending on 31 March, 2020. History. BENGALURU: Online fashion retailer Myntra’s revenue during the two-day ‘End of Reason Sale’ earlier this month jumped 20 times, according to a top executive at the company. The company was founded in 2007 to sell personalized gift items. Myntra revenue breakdown by business segment: 94.0% from Trading Business and 6.0% from Data Processing Myntra Designs revenue up 58% to Rs 1,719 crore, losses increase by 38% Business Standard | December 24, 2020 Walmart-owned online fashion retailer Myntra Designs Private Limited reported its revenues for the financial year 2019-20 as Rs 1,719 crore, a … Myntra currently houses over 1.1 lakh styles from over 450 leading brands, in the kid’s category. NEW DELHI: Myntra.com, the country’s largest online fashion retailer, is delisting around 200 brands, or about 10 per cent of its fashion offerings, from its platform due to low sales and is focusing on larger brands with higher traction. Myntra Designs revenue up 58% to Rs 1,719 crore, losses increase by 38% With a view to have its presence outside India and to explore business opportunities abroad, the company had strategically invested in Myntra Inc., USA. 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