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Myntra’s revenue jumps 15%
Myntra, an Indian fashion ecommerce platform, reported a 15% revenue increase to 5,121.8 crore rupees (around US$603.6 million) in fiscal year 2024, up from 4,465 crore rupees (around US$526.2 million).
The company posted a consolidated net profit of 30.9 crore rupees (around US$3.64 million) for FY24.
Focusing on speed, Myntra has introduced services to align with the quick commerce trend.
Recent Myntra developments
| Timeline |
|---|
06-Dec-2024 🛍️ Myntra debuts 30-minute fashion delivery in Bengaluru
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16-Dec-2022 👗 Ex-Myntra CEO’s fashion tech startup scoops up $37m in series A
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23-Aug-2016 🛍️ Myntra’s dominance is now clear. It can’t afford to screw up
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22-May-2015 🚀 Myntra founder gets funding for Nudgespot, a customer engagement tool
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08-May-2015 🚀 Myntra’s early backer sets up a new fund
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| 18-Feb-2014 🛒 Myntra set to open marketplace for boutique fashion brands in April |
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