The Flipkart-owned fashion platform, which entered quick commerce last week, has been working on slashing the cost of returns which has pla...

Incumbent Arief Mohamad to exit the company. This comes amid recent senior leadership changes in Flipkart under group chief executive Kalya...

Over the past year-and-a-half, online fashion retailer Myntra has gained market share even as rivals like Reliance Ajio and Nykaa Fashion h...

During Walmart's quarterly analyst call, chief financial officer John David Rainey said that Flipkart grew by double digits for the first q...

Reliance had started Ajio in 2017. Ajio reduced marketing cost with five different storefronts for each consumer class. It lined up 4,000 s...

FSN E-commerce Ventures, the parent entity of omnichannel fashion platform Nykaa, has reported a major decline in its fourth-quarter (Q4) n...

Nykaa, with several niche products and a huge addressable market in the fashion segment, will be able to drive the segment’s revenue going ...

Myntra-Jabong combine is getting ready to triple its gross merchandise value to $4 billion with myntra investing $300 million.

The combined entity of Myntra and Jabong is looking to shrink its negative EBITDA margin lower to (minus) 2-3% by Q4FY18, inching closer to...

Funding for standalone fashiontech startups such as Yepme, Voonik and Wooplr has plunged to $39.5 million so far this year from $350 millio...

The affected workforce is largely in product development and customer support, while the operations team won’t be a part of this move, at l...

Myntra's private brands have reached Ebitda profitability of 5% since June, and the fashion company is set to achieve overall Ebitda profit...

Noting that earnings before interest, tax, depreciation and amortization of MFB had turned positive in the last 2 consecutive months, the c...

InMobi said in a statement that it expects to continue being profitable this year after recording a net profit for the final quarter of 201...

Myntra had acquired rival Jabong earlier this year, beating Future Group and Snapdeal to the punch, to bolster its position in India’s onli...

Flipkart’s fashion business, including subsidiaries Myntra and Jabong, accounted for about one third of gross sales in the September quarte...

Myntra is now trying to bring Jabong back to financial health after the Gurgaon-based company lost sheen over the years as costs rose and l...