Some good Facts you need to Know about Myntra

In this post, to initiate with Some good facts, you need to Know about Myntra. Although, Flipkart received Myntra in 2014 for a record-breaking sale valued at ₹2,000 Cr ( almost $280 million). 

Here are Some good facts you need to Know about Myntra:-

  1. Firstly, Myntra began as a platform to sell Personal gift items in 2007.
  2. Secondly, In May 2014, Myntra earned by the Indian Top e-commerce platform Flipkart in a sale of $280 Million.
  3. Thirdly, Myntra given products from approx 500 Indian. And International Brands, including the top brands such as Being Human, Fastrack Watches, Adidas, Fabindia, Nike, Catwalk, and others.
  4. Myntra earned its equal to become India’s biggest Fashion Platform on $70 Million.
  5. Although, there are overall 1,50,000 items of over 1000 brands with a shipping area of around 9000 pin codes in India in 2014.
  6. In 2017, Fashion Brands Myntra sold the rights to operate Esprit Holdings’ 15 offline markets in India.
  7. Precisely, Puma India Awarded the Myntra as the ‘Best E-commerce Partner of the year in 2011-12’.
  8. Myntra increased its primary funding from Accel Partners, Sasha Mirchandani from Mumbai Angels, and other investors.
  9. Myntra started its first digital reality show – Myntra Fashion Superstar, on the Myntra app in September 2019.
  10. The company grew InLogg, a technology-based platform that provides end-to-end logical solutions for the eCommerce field.

Some other good facts:-

  1. Myntra has a partnership with the Ministry of Textiles to help the handloom industry.
  2. Franchise of India is Indian retail granted the Myntra as ‘Fashion eRetailer in the Year 2013.
  3. In 2012, IAMAI in India Digital Awards gave Myntra the ‘Best eCommerce website.
  4. Myntra raised a total purchase of $159 Million in a total of five steps.
  5. Also, to develop the Myntra Mobile technology team, Myntra took the Bengaluru-based mobile app developing floor Native5.
  6. Also, Fashion brand Myntra launches a feature that allows shoppers to opt for exchange services at their doorstep.
  7. Myntra has a partnership with Cloud provider Microsoft Azure to race up its digital conversion.
  8. Although, between the years 2007 and 2010. Also, Myntra allowed its clients to personalize products such as dresses, t-shirts, Cups, Mouse Pads, and others.

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