Flipkart Myntra acquisition

Finally, it has happened! Wishes of Investors (in Flipkart & Myntra) have come true. Multiple sources and media publications are reporting that Flipkart has picked up majority stake in Myntra. We have also sent emails to…

I am not sure what to make of this, but the talks of merger / acquisition between 2 leading Indian ecommerce companies, Flipkart & Myntra, just do not seem to go away. Just couple of months back, same talks were doing rounds. First,…

Update: 6th Feb 2014: Finally we have an official confirmation from Myntra on the investment. Press Release sent to us by Myntra has confirmed that they have raised $50 million Round Of Financing Led By Premji Invest. Funds will be used…