Myntra Overview
- Year Founded
-
2007
- Status
-
Acquired/Merged
- Latest Deal Type
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M&A
- Latest Deal Amount
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$340M
Myntra General Information
Description
Provider of an online marketplace designed to offer on-demand consumer products. The company's marketplace offers an easily navigable user interface, product catalog, authentic products, and cash on delivery, enabling consumers to find and create unique, personalized, and creative merchandise like shirts, mugs, calendars, keychains, diaries, and other items.
Contact Information
Website
www.myntra.com(Operating Subsidiary)
Corporate Office
- Area 7th Mile Kudlu Gate off Hosur Rd
- Singasandra
- Bengaluru, Karnataka 560068
- India
Corporate Office
- Area 7th Mile Kudlu Gate off Hosur Rd
- Singasandra
- Bengaluru, Karnataka 560068
- India
Myntra Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Merger/Acquisition | 22-May-2014 | $340M | Completed | Generating Revenue | ||
| 6. Later Stage VC (Series E) | 07-Feb-2014 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series D) | 31-May-2013 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series C) | 09-Feb-2012 | Completed | Generating Revenue | |||
| 3. Early Stage VC | 01-Mar-2011 | Completed | Startup | |||
| 2. Early Stage VC (Series A) | 04-Nov-2008 | $5M | $5M | Completed | Startup | |
| 1. Seed Round | 24-Oct-2007 | Completed | Startup |
Myntra Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares |
Myntra Comparisons
Industry
Financing
Details
Myntra Competitors (7)
One of Myntra’s 7 competitors is Flipkart, a Venture Capital-Backed company based in Bengaluru, India.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Flipkart | Venture Capital-Backed | Bengaluru, India | ||||
| Snapdeal | Venture Capital-Backed | New Delhi, India | ||||
| Meesho | Venture Capital-Backed | Bengaluru, India | ||||
| ShopClues.com | Formerly VC-backed | Gurgaon, India | ||||
| Naaptol Online Shopping | Venture Capital-Backed | Thane, India |
Myntra Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Myntra Patents
Myntra Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20230334527-A1 | System and method for body parameters-sensitive facial transfer in an online fashion retail environment | Inactive | 13-Apr-2022 | ||
| US-20230206299-A1 | System and method for visual comparison of fashion products | Inactive | 24-Dec-2021 | ||
| US-20230196437-A1 | System and method for review based online product recommendation | Inactive | 22-Dec-2021 | ||
| US-20230046431-A1 | System and method for generating 3d objects from 2d images of garments | Inactive | 16-Aug-2021 | ||
| US-20210201340-A1 | System and method for predicting discount-demand elasticity | Inactive | 31-Dec-2019 | G06Q30/0206 |
Myntra Former Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Accel India | Venture Capital | Minority | ||
| Accel Partners Management (Palo Alto) | Venture Capital | Minority | ||
| Brand Capital | PE/Buyout | Minority | ||
| Chiratae Ventures | Venture Capital | Minority | ||
| IndoUS Venture Partners | Venture Capital | Minority |
Myntra Investments & Acquisitions (14)
Myntra’s most recent deal was a Seed Round with GrowthX for . The deal was made on 05-Jul-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| GrowthX | 05-Jul-2022 | Seed Round | Education and Training Services (B2B) | ||
| All About You (Clothing Brand) | 05-Aug-2020 | Merger/Acquisition | Clothing | ||
| Pretr Online Services | 01-Aug-2018 | Merger/Acquisition | Internet Retail | ||
| Blink (Electronics) | 16-Apr-2018 | Merger/Acquisition | Electronics (B2C) | ||
| Twenty Dresses | 16-Apr-2018 | Corporate | Internet Retail |
Myntra Affiliates
Subsidiaries (3)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Myntra Jabong India | Bangalore, India | 2015 | |
| HRX (Clothing) | Mumbai, India | 2012 | |
| Blink (Electronics) | Bengaluru, India | 2011 |
Myntra FAQs
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When was Myntra founded?
Myntra was founded in 2007.
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Where is Myntra headquartered?
Myntra is headquartered in Bengaluru, India.
-
What industry is Myntra in?
Myntra’s primary industry is Internet Retail.
-
Is Myntra a private or public company?
Myntra is a Private company.
-
What is the current valuation of Myntra?
The current valuation of Myntra is .
-
What is Myntra’s current revenue?
The current revenue for Myntra is .
-
How much funding has Myntra raised over time?
Myntra has raised $114M.
-
Who are Myntra’s investors?
Accel India, Accel Partners Management (Palo Alto), Brand Capital, Chiratae Ventures, and IndoUS Venture Partners are 5 of 11 investors who have invested in Myntra.
-
Who are Myntra’s competitors?
Flipkart, Snapdeal, Meesho, ShopClues.com, and Naaptol Online Shopping are some of the 7 competitors of Myntra.
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When was Myntra acquired?
Myntra was acquired on 22-May-2014.
-
Who acquired Myntra?
Myntra was acquired by Flipkart.
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