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Myntra is a major Indian fashion e-commerce company headquartered in Bengaluru.
Myntra was founded in 2007 to sell personalised gift items. Established by Mukesh Bansal along with Ashutosh Lawania and Vineet Saxena, Myntra sold on-demand personalized gift items. It mainly operated on the B2B (business-to-business) model during its initial years. Between 2007 and 2010, the site allowed customers to personalize products such as T-shirts, mugs, mouse pads, and others. In 2011, Myntra began selling fashion and lifestyle products and moved away from personalisation. By 2012 Myntra offered products from 350 Indian and International brands. In 2014, Myntra's portfolio included about 1,50,000 products of over 1000 brands, with a distribution area of around 9000 pincodes in India. In October 2020, the e-commerce company raised INR 1,604 Cr ($103 Mn) funding from its Singapore-based entity FK Myntra Holdings Private Limited and its parent entity Flipkart.
Legal Name
:
Myntra Designs Pvt. Ltd.
Headquarters
:
Bengaluru, Karnataka, India
Founding Date
:
1st Jun 2007
No. of Employees
:
1000+
Core Team
:
1.
Mukesh Bansal
Founder
2.
Vineet Saxena
Co-Founder
3.
Ashutosh Lawania
Co-Founder
Investors
:
1.
FK Myntra Holdings
2.
Kotak Mahindra Bank
3.
PremjiInvest
4.
Accel
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