Now, when it comes to buying some fancy clothes or other lifestyle products online, which is your favorite online marketplace for that? Well, most of you’ll say “Myntra,” right? Well, that’s because Myntra is one of the biggest places or online marketplaces of its kind in the country. And if you are thinking about whether or not it is an India-based company then you’d be happy to know that Myntra is an Indian company that was started back in the year 2007.
However, back in May 2014, it was acquired by Flipkart, but still, Myntra hasn’t lost its magic. And if you care to know more about this amazing Fashion and Lifestyle products’ brand, company, marketplace, or whatever, then keep on reading.
Highlights Of Myntra Company Details:
| Myntra Company Is From Which Country | India |
| Established Year | 2007 |
| Myntra Company Owner | Flipkart |
| Myntra Company Headquarters | Bengaluru, Karnataka, India |
| Products Of Myntra | Fashion and Lifestyle products |
| Myntra Company Founders | Mukesh Bansal, Vineet Saxena, and Ashutosh Lawania |
| Parent Company Of Myntra | Flipkart |
The Story of Myntra
Back in 2007, three friends, Mukesh Bansal, Ashutosh Lawania, and Vineet Saxena, started a cool little website called Myntra. At first, Myntra wasn’t the big fashion store we know today. Instead, it was a place where people could buy custom gifts like T-shirts with their own designs, or mugs and mouse pads with special messages. However, by 2011, things began to change. Myntra decided to dive deep into the world of fashion and started selling clothes, shoes, and more from many different brands. By 2012, they had stuff from over 350 popular brands from India and around the world! Then, in 2014, something huge happened. Flipkart, a super big online shopping site in India, bought Myntra for a lot of money, around US$250 million! But even after this, Myntra stayed true to its roots and kept its own style, always thinking about folks who love staying trendy and stylish.
Myntra’s Big Steps and Smart Choices
See, Myntra knows how to grow and change with the times. They’ve bought some other businesses to get bigger and better. For instance, in 2015, they bought a mobile app company from Bengaluru called Native5. The next year, they made a big move by buying another fashion website, Jabong.com. With this, Myntra became the top fashion go-to place in India. They also team up with other groups to do cool stuff. For example, in 2017, they worked with the Ministry of Textiles. Together, they highlighted and supported India’s beautiful handmade fabrics.
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Anantha Nageswaran is the chief editor and writer at TheBusinessBlaze.com. He specialises in business, finance, insurance, loan investment topics. With a strong background in business-finance and a passion for demystifying complex concepts, Anantha brings a unique perspective to his writing.
