Myntra geared up to win the sprint in the E – Retailing world January, 2015
Image Courtsey: Myntra & salestores.com
Myntra .com, a leading hunk in the E-Commerce is all set to add a feather of success in the cap of its glory.
They are expecting to close financial year with a whopping revenue of Rs 2000 crore and to add on to their velour they targeted to grow their business to about Rs 6,300 crore for Gross Merchandise Value in the next 15 months, a triple growth plan for the next financial year!.
The major plan is to give stiff competition to aces like Flipkart, Jabong and Snapdeal. So, their strategic leadership plans to scale up the organization is on full pace.
Myntra is test studying their service of customized E-tailoring which can reach at client’s location to provide consultancy and solutions. The plus point with this esteemed organization is that one-fourth of the revenue comes from in-house brands
It is also in news that Mukesh Bansal, the founder of Myntra may join Flipkart at a key strategic position. Myntra was sold to Flipkart in 2014 for Rs 2,200 Crores.