Myntra Acquired
Myntra is an Indian online fashion and lifestyle e-commerce platform founded in 2007 by Mukesh Bansal, Ashutosh Lawania and Vineet Saxena; it began by selling personalised gift items before pivoting to fashion and lifestyle retail in 2011. It was acquired by Flipkart in 2014 for roughly ₹2,000 crore (~US$327.71 million) and continues to operate as an independent brand under Flipkart,…
Myntra: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 5 Feb 2014 | Series D | $50 Mn | PremjiInvest Accel Sofina Tiger Global Management | source |
| 2011 ~ | Series B | $14 Mn | Tiger Global Management IDG Ventures Kalaari Capital | source |
| 2011 ~ | Series C | $20 Mn | Tiger Global Management | source |
| Nov 2008 ~ | Series A | ~$5 Mn | Accel IDG Ventures NEA-IndoUS Ventures | source |
| Oct 2007 ~ | Seed | Undisclosed | Accel Mumbai Angels | source |
Acquisitions
News on Myntra
-
29 Jun 2026
Flipkart DAUs lead Amazon and Meesho in India
L Litmus · by Lapaas
See the full business-model breakdown and validation framework for this company.
View Litmus AnalysisFAQs on Myntra
Who founded Myntra?
Myntra was founded by Mukesh Bansal, Ashutosh Lawania, Vineet Saxena in 2007.
How much funding has Myntra raised?
Myntra has raised $89 Mn across 5 tracked funding round(s), most recently on 2014-02-05. Figures are compiled from cited public sources.
Who are the investors in Myntra?
Investors in Myntra include PremjiInvest, Accel, Sofina, Tiger Global Management, IDG Ventures, Kalaari Capital.
What does Myntra do?
Myntra is an Indian online fashion and lifestyle e-commerce platform founded in 2007 by Mukesh Bansal, Ashutosh Lawania and Vineet Saxena; it began by selling personalised gift items before pivoting to fashion and lifestyle retail in 2011. It was acquired by Flipkart in 2014 for…
Where is Myntra headquartered?
Myntra is headquartered in Bengaluru, Karnataka, India.
What is Myntra's business model?
Myntra's core value proposition centers on Wide catalogue spanning fashion, beauty and lifestyle brands, 30-minute quick-commerce fashion delivery via M-Now.
How does Myntra make money?
Myntra's cited revenue streams include Marketplace sales of third-party fashion brands, Private label brands (Roadster, HRX, Mast & Harbour, All About You, etc.).