Jabong Acquired
Indian fashion and lifestyle e-commerce platform selling apparel, footwear, fashion accessories, beauty products, fragrances and home accessories from over 1,000 brands. Founded in 2012 and backed by Rocket Internet, Jabong was later folded into Rocket Internet/Kinnevik's Global Fashion Group. It was acquired by Myntra (a Flipkart subsidiary) for about $70 million in July 2016 and formally shut down in February…
Jabong: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| Mar 2016 ~ | Venture Round | $20 Mn | Global Fashion Group | source |
| Feb 2014 ~ | Series D | $100 Mn | British International Investment | source |
Acquisitions
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Who founded Jabong?
Jabong was founded by Praveen Sinha, Lakshmi Potluri, Arun Chandra Mohan, Manu Kumar Jain in 2012.
How much funding has Jabong raised?
Jabong has raised $120 Mn across 2 tracked funding round(s), most recently on 2016-03-01. Figures are compiled from cited public sources.
Who are the investors in Jabong?
Investors in Jabong include Global Fashion Group, British International Investment.
What does Jabong do?
Indian fashion and lifestyle e-commerce platform selling apparel, footwear, fashion accessories, beauty products, fragrances and home accessories from over 1,000 brands. Founded in 2012 and backed by Rocket Internet, Jabong was later folded into Rocket Internet/Kinnevik's Global Fashion Group. It was acquired by Myntra (a…
Where is Jabong headquartered?
Jabong is headquartered in Gurugram, Haryana, India.
What is Jabong's business model?
Jabong's core value proposition centers on Broad multi-brand fashion catalog, One-stop online fashion and lifestyle destination.
How does Jabong make money?
Jabong's cited revenue streams include Marketplace commission/services revenue.