Myntra

Global Fashion Ecommerce Market Worth US$ 1,626.97 Billion by 2030 - Exclusive Report by CoherentMI

Retrieved on: 
Monday, December 11, 2023

The global fashion ecommerce market is anticipated to witness high growth due to the increasing popularity of online shopping and the convenience it offers to consumers.

Key Points: 
  • The global fashion ecommerce market is anticipated to witness high growth due to the increasing popularity of online shopping and the convenience it offers to consumers.
  • Another driver for the growth of the Fashion Ecommerce Market is the growing trend of customization and personalization.
  • One of the key trends in the Fashion Ecommerce Market is the integration of augmented reality (AR) and virtual reality (VR) technologies.
  • With the increasing penetration of internet and smartphones, the global fashion ecommerce market is witnessing significant growth.

Global Fashion Ecommerce Market Worth US$ 1,626.97 Billion by 2030 - Exclusive Report by CoherentMI

Retrieved on: 
Monday, December 11, 2023

The global fashion ecommerce market is anticipated to witness high growth due to the increasing popularity of online shopping and the convenience it offers to consumers.

Key Points: 
  • The global fashion ecommerce market is anticipated to witness high growth due to the increasing popularity of online shopping and the convenience it offers to consumers.
  • Another driver for the growth of the Fashion Ecommerce Market is the growing trend of customization and personalization.
  • One of the key trends in the Fashion Ecommerce Market is the integration of augmented reality (AR) and virtual reality (VR) technologies.
  • With the increasing penetration of internet and smartphones, the global fashion ecommerce market is witnessing significant growth.

Accel introduces Atoms 3.0 with sector-focused thematic cohorts for early-stage companies

Retrieved on: 
Wednesday, May 10, 2023

Since then, Atoms has invested in 24 companies across two cohorts.

Key Points: 
  • Since then, Atoms has invested in 24 companies across two cohorts.
  • These companies have since raised a total of over $160mn in funding
    Atoms 3.0 will have two theme/sector based cohorts - Artificial Intelligence (AI) and Industry 5.0.
  • JAKARTA, Indonesia, May 10, 2023 /PRNewswire/ -- Accel, one of India's top VC firms, today unveiled the new avatar of its Atoms program - Atoms 3.0, which will have two theme/sector based cohorts - Artificial Intelligence (AI), and Industry 5.0.
  • Based on feedback from our founders in cohorts 1 and cohort 2 - we launched Atoms 3.0 as a thematic cohort program.

Chiratae Ventures Maiden Growth Fund-I announces its close at INR 1001 cr, oversubscribed by 34%

Retrieved on: 
Wednesday, May 3, 2023

BENGALURU, India, May 3, 2023 /PRNewswire/ -- Chiratae Ventures, India's largest homegrown venture capital fund, has successfully concluded the fundraising for its first Chiratae Growth Fund (CGF-I), raising INR 1001 cr.

Key Points: 
  • BENGALURU, India, May 3, 2023 /PRNewswire/ -- Chiratae Ventures, India's largest homegrown venture capital fund, has successfully concluded the fundraising for its first Chiratae Growth Fund (CGF-I), raising INR 1001 cr.
  • The announcement of the close of CGF-I comes on the heels of Fund 4, which was oversubscribed by 22%.
  • With this new CGF-I, Chiratae Ventures will continue its mission of supporting innovative technology startups in their growth stage and unlocking their potential.
  • Chiratae Ventures has a successful track record of investing in early and growth-stage startups over the past 16 years.

Boohoo Enters Indian Market in Partnership with Myntra

Retrieved on: 
Wednesday, November 30, 2022

Trendsetting UK-based iconic fashion house, Boohoo Group (LON: BOO), has marked its foray into the Indian market with Myntra.

Key Points: 
  • Trendsetting UK-based iconic fashion house, Boohoo Group (LON: BOO), has marked its foray into the Indian market with Myntra.
  • View the full release here: https://www.businesswire.com/news/home/20221130005608/en/
    Right in time to kick off the party season, the association will witness Boohoo and Nasty Gal cater to fashion-forward Indian consumers for the first time, following the brand's acquisition by the Boohoo Group.
  • On their India foray through Myntra, John Lyttle, CEO, Boohoo Group, said, We are thrilled to be partnering with Myntra as our strategic partner in India.
  • The Indian market represents a fantastic opportunity for the Boohoo Group and Myntras digital first approach makes this a great strategic partnership.

U.S. Polo Assn. and Arvind Fashions Limited Win Two Prestigious Myntra Tech Thread Awards in India

Retrieved on: 
Tuesday, November 22, 2022

WEST PALM BEACH, Fla./GUJARAT, India, Nov. 22, 2022 (GLOBE NEWSWIRE) -- USPA Global Licensing Inc. (USPAGL) and Arvind Fashions Limited today announced that U.S. Polo Assn.

Key Points: 
  • WEST PALM BEACH, Fla./GUJARAT, India, Nov. 22, 2022 (GLOBE NEWSWIRE) -- USPA Global Licensing Inc. (USPAGL) and Arvind Fashions Limited today announced that U.S. Polo Assn.
  • "We would like to thank Myntra, its team, and all of our loyal customers on the Myntra platform for the honor given to Arvind and U.S. Polo Assn.," said Amitabh Suri, CEO, Arvind Fashions Limited's U.S. Polo Assn.
  • brand, added, "Arvind Fashions Limited is a partner who understands the sport-inspired DNA of the U.S. Polo Assn.
  • Myntra Tech Thread Awards brings together more than 250 leading domestic and global fashion brands to celebrate the business of fashion.

U.S. Polo Assn. and Arvind Fashions Limited Receive Two Prestigious Myntra Tech Thread Awards in India

Retrieved on: 
Tuesday, November 22, 2022

WEST PALM BEACH, Fla./GUJARAT, India, Nov. 22, 2022 (GLOBE NEWSWIRE) -- USPA Global Licensing Inc. (USPAGL) and Arvind Fashions Limited today announced that U.S. Polo Assn.

Key Points: 
  • WEST PALM BEACH, Fla./GUJARAT, India, Nov. 22, 2022 (GLOBE NEWSWIRE) -- USPA Global Licensing Inc. (USPAGL) and Arvind Fashions Limited today announced that U.S. Polo Assn.
  • "We would like to thank Myntra, its team, and all of our loyal customers on the Myntra platform for the honor given to Arvind and U.S. Polo Assn.," said Amitabh Suri, CEO, Arvind Fashions Limited's U.S. Polo Assn.
  • brand, added, "Arvind Fashions Limited is a partner who understands the sport-inspired DNA of the U.S. Polo Assn.
  • Myntra Tech Thread Awards brings together more than 250 leading domestic and global fashion brands to celebrate the business of fashion.

WebEngage Announces Startup Program in Indonesia and Southeast Asia; Invites Applications from Early-Stage Startups

Retrieved on: 
Thursday, October 6, 2022

JAKARTA, Indonesia, Oct. 6, 2022 /PRNewswire/ -- Early-stage B2C startups in Indonesia and Southeast Asia will now have a level playing field to up their retention game and build a growth stack at zero-cost. WebEngage, the leading full-stack retention operating system, has opened applications for the Southeast Asia cohort of the WebEngage Startup Program (WSP). The ambitious program will be helping early-stage startups improve customer retention and engagement, lay strong data foundations, drive actionable insights, increase repeat orders, and understand customers better. In short, the program will help them increase chances of aggressive yet sustainable growth.

Key Points: 
  • WebEngage, the leading full-stack retention operating system, has opened applications for the Southeast Asia cohort of the WebEngage Startup Program (WSP).
  • The ambitious program will be helping early-stage startups improve customer retention and engagement, lay strong data foundations, drive actionable insights, increase repeat orders, and understand customers better.
  • B2C Startups operating in the E-Commerce, D2C, EdTech and FinTech sectors, that have raised between seed and Series A round of funding can apply for the program.
  • Through the WebEngage Startup Program, we aim to help startups to lay the groundwork for long-term retention, in setting the right dashboards and running highly personalized engagement across channels."

India B2C e-Commerce Market Report 2022: A $181.2 Billion Market by 2026 Growing by Almost $100 Billion Since 2021

Retrieved on: 
Wednesday, October 5, 2022

The B2C Ecommerce market in India is expected to grow by 21.52% on annual basis to reach US$105.0 billion in 2022.

Key Points: 
  • The B2C Ecommerce market in India is expected to grow by 21.52% on annual basis to reach US$105.0 billion in 2022.
  • The medium to the long-term growth story of the B2C Ecommerce industry in India promises to be attractive .
  • The country's B2C Ecommerce Gross Merchandise Value will increase from US$86.4 billion in 2021 to reach US$181.2 billion by 2026.
  • In the Asian Pacific region, India is expected to become the second-fastest growing economy based on e-commerce sales in 2022.

UserTesting India Accredited As The Best UX in Ecommerce At India E-Commerce Summit

Retrieved on: 
Wednesday, September 28, 2022

UserTesting (NYSE: USER), a leader in video-based human insight, has been recognised with the Best UX in E-commerce award at India E-commerce Summit in Bengaluru on 22nd September.

Key Points: 
  • UserTesting (NYSE: USER), a leader in video-based human insight, has been recognised with the Best UX in E-commerce award at India E-commerce Summit in Bengaluru on 22nd September.
  • View the full release here: https://www.businesswire.com/news/home/20220927005237/en/
    Description: UserTesting receiving the award for the best UX in E-commerce from Pradish Gireesan, Director - Partnerships, Scribe Minds and Media at the India Ecommerce summit 2022 held in Bengaluru on Thursday 22nd of September.
  • Commenting on this, Kumar GB, Vice President - Asia Pacific, UserTesting said, UserTesting has been consistently working towards powering growth and innovation throughout the APAC region.
  • The India E-commerce Summit is concentrated to leverage the expanding e-commerce market in India.