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In July 2016, Myntra acquired mobile-based content aggregation platform Cubeit, to strengthen and expand its technology team. [29] In July 2016, Myntra acquired their rival Jabong.com to become India's largest fashion platform. [30] In October 2017, Myntra partnered with the Ministry of Textiles to promote the handloom industry. [31] [32]
Jabong.com. Jabong.com was an Indian fashion and lifestyle e-commerce portal founded by Praveen Sinha, Lakshmi Potluri, Arun Chandra Mohan and Manu Kumar Jain. In July, 2016 Flipkart acquired Jabong through its unit Myntra for about $70 million. In February 2020, Flipkart formally shut down Jabong to shift focus completely on its premium ...
On 4 September 2014, they changed their business model to coupon store and served Flipkart, Jabong, Myntra, Zovi, Koovs & Zivame as their clients. The company launched a new app called Truxapp which connects truck owners to Businesses and raised $3.1 Mn in Pre-Series A funding from investors including Dhoot Family, Sandeep Sharma, V. C. Bothra ...
India has an Internet user base of about 690.0 million as of November 2023, about 40% of the population. [1] Despite being the second-largest user base in world, only behind China (1.079 billion, 48% of population), the penetration of e-commerce is low compared to markets like the United States (266 million, 84%), or France (54M, 81%), but is growing, adding around 6 million new entrants every ...
Flipkart was founded in October 2007 in Bangalore [11] by Sachin Bansal and Binny Bansal, alumni of the IIT, Delhi and former Amazon employees. [12] [13] [14] The company was started from a two-bedroom apartment in Kormangala, Bengaluru. The initial investment was provided by their families, which was INR 2 Lakh from each family.
Limeroad. Limeroad is an Indian online marketplace, [1] owned by V MART RETAIL LIMITED [3] The company is based in Gurugram, Haryana . It is India's first women's social shopping website. [4] [5] It deals in clothing and accessories for women, men and kids. [6] [7] The portal allows its users to create their own look on a virtual scrapbook by ...
Yellow Line (Namma Metro) The Yellow Line of Namma Metro is under construction and will form part of the metro rail network for the city of Bangalore, Karnataka, India. The 18.82 km (11.69 mi) line connects R.V. Road with Bommasandra and is fully elevated with 16 stations. [1] R.V. Road station is the terminal station on the city side where an ...
Bangalore Goa Hyderabad Nagpur Pune Ramco Systems: Chennai: Chennai Mumbai Rediff.com: Mumbai: Mumbai Samsung India Software Centre: Noida: Noida Sasken Technologies: Bangalore: Bangalore Chennai Pune Sonata Software: Bangalore: Bangalore Mumbai [16] SPAN Infotech (India) Pvt. Ltd. Bangalore: Bangalore Tata Interactive Systems: Mumbai: Mumbai ...