Fortune India 500 2025 edition
Rank#387- Total income
- ₹6,137 Cr
- Profit
- ₹548 Cr
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About Myntra
Myntra is a Retail company based in Bengaluru (India) founded in 2007 by Priyanka Kumar, and was acquired by Flipkart in May 2014. Fashion and lifestyle products are offered via an online marketplace. Myntra has raised $123.71 million across 7 funding rounds from investors including Flipkart, Accel and Mumbai Angels. The company has 1,031 employees. Myntra has completed 10 acquisitions, including Cubeit, Exclusively and Fitiquette. Myntra was last valued at $197.98 million in January 2014. Its chief executive, as recorded, is John John. Its website myntra.com draws about 113.8 million monthly visits. Its Indian entity Myntra Designs Private Limited reported revenue of ₹5,316 Cr. Its focus areas include Consumer, Fashion Tech, B2C Commerce and Multi Category. Its competitors include Flipkart, Nykaa and Snapdeal; 3 of its 3 listed competitors have raised funding.
Company details
Myntra was founded in 2007 in Bengaluru, India, as an e-commerce platform focused on fashion and lifestyle sectors. A wide range of products, including apparel, footwear, jewelry, watches, beauty items, electronics, and home goods, is provided through its catalog. The service operates on iOS and Android applications, with features for order management, real-time tracking, and automated shipping via multiple carriers.
Myntra is ranked #387 on the Fortune India 500 (2025).
Recognitions & Rankings of Myntra
- Headquarters Bengaluru, India
- Employees 1,031
- Founders Priyanka Kumar
- Stage Acquired
- SectorsRetail
- Website category Lifestyle · Fashion and Apparel
- Email••••••••
- Website myntra.com
- Social LinkedIn X Facebook
- Acquired by Flipkart (May 2014)
- Legal Name Myntra Designs Private Limited
- Date of Incorporation 16 Feb, 2007
- Jurisdiction Devarabeesanhalli Village, Karnataka, India
Operational Areas
Key Metrics
- Annual Revenue₹5,316 Cr
FY 2026 · -13% YoY
- Net Loss-₹579 Cr
FY 2026 · -11% margin
- EBITDA-₹362 Cr
FY 2026 · -7% margin
- Total Equity Funding$123.71M (USD)
in 7 rounds
- Latest Funding Round$50M (USD), Series E
Jan 2014
- InvestorsFlipkart
& 15 more
- Employee Count1,031
- Investments & AcquisitionsCubeit
& 9 more
- Acquired byFlipkart
(May 2014)
Associated legal entities of Myntra
Myntra operates through Myntra Designs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Myntra Designs Private Limited CIN U72300KA2007PTC041799 | Active | 16 Feb 2007 | Devarabeesanhalli Village, Karnataka | ₹5,316 Cr | 1,133 | 3 | View details |
Apps and channels of Myntra
Myntra publishes 2 mobile apps with over 100M+ downloads.
Funding Insights of Myntra
Myntra has successfully raised a total of $123.71M across 7 strategic funding rounds. The most recent funding activity was a Series E round of $50 million completed in January 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $123.71M
- Total Rounds 7
- Last Round Series E — $50M
- First Round $266,558
(Feb 2008)
- Investors Count 15
All 7 funding rounds of Myntra with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2014 | $50M | Series E | $197.98M | Premji Invest | |
| Feb 2013 | $7.96M | Series D | $195.68M | Tiger Global Management, Chiratae Ventures | |
| May 2012 | $25M | Series D | $••••• | Accel | |
| Aug 2011 | $21M | Series C | $••••• | Tiger Global Management | |
| Jul 2010 | $14.49M | Series B | $••••• | Tiger Global Management | |
| Oct 2008 | $5M | Series A | – | IndoUS Venture Partners, Chiratae Ventures | |
| Feb 2008 | $266,558 | Seed | $••••• | Accel |
Valuation history
| Date | Valuation | Stage |
|---|---|---|
| Jan 2014 | $197.98M | •••••••• |
| Feb 2013 | $195.68M | •••••••• |
| May 2012 | $••••• | •••••••• |
| Aug 2011 | $••••• | •••••••• |
| Jul 2010 | $••••• | •••••••• |
| Oct 2008 | $••••• | •••••••• |
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Full valuation and stage history of Myntra
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $197.98M (Jan 2014). 16 investors in total: 11 institutional and 5 angel.
Investors in Myntra
Myntra has secured backing from 16 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Flipkart, Accel and Mumbai Angels.
All
Venture Fund
Institutional
Angel
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Accel is recognized as a leading venture capital firm. | 1983 | accel.com | Palo Alto, United States | |
Venture and private equity investments are managed with global diversification. | tigerglobal.com | New York, United States | ||
Provides venture capital for technology startups and enterprise innovations worldwide. | premjiinvest.com | Bengaluru, India | ||
Venture capital investments are provided by Sofina to emerging companies. | sofinagroup.com | Brussels, Belgium | ||
Venture capital fund focused on seed-stage startups | chiratae.com | Bengaluru, India | ||
Investments in early-stage technology companies are made by Kalaari Capital. | kalaari.com | Bengaluru, India | ||
Venture capital investments are offered to startups by NEA. | nea.com | Menlo Park, United States | ||
Early and mid-stage investments are made in US and India. | iuvp.com | Santa Clara, United States | ||
Early-stage venture investments are facilitated by Mumbai Angels network. | 2006 | mumbaiangels.com | Mumbai, India | |
Limited information available | 2003 | erasmic.com | Bengaluru, India |
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Investor details for Myntra
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Board of directors of Myntra Designs Private Limited (Myntra)
Myntra Designs Private Limited is the primary company behind Myntra. The board of Myntra Designs Private Limited currently have 2 directors; the longest-serving is Mayank Kedia, appointed in 2026. 30 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mayank Kedia DIN 11435817 | Director | 05 Jan 2026 | 10 mo | Myntra Designs Private Limited |
| Gargi Chakraborty DIN 11940734 | Additional Director | 22 Sep 2026 | 1 mo | Myntra Designs Private Limited |
People of Myntra
467 people are tracked at Myntra (153 in leadership, 314 in team); the tracked headcount is 1,031.
| Name | Role | Group |
|---|---|---|
Priyanka Kumar | Co-Founder | Leadership |
John John | Co-CEO | Leadership |
Pritam Singh | Co-CEO | Leadership |
Nandita Sinha | Co-CEO | Leadership |
Baibhab Kislay | Chief Of Staff To The CEO | Leadership |
Deepak Joshi | Senior Director & Head- Beauty & Personal Care | Leadership |
Akshya Murali | Associate Director - Customer Growth | Leadership |
Ranajay Koley | Deputy Director | Leadership |
Deepash Jain | Vice President - Marketing & Catalog | Leadership |
Govindraj M K | Chief Human Resources Officer | Leadership |
Shubham Tayal | Senior Director - Myntra Fashion Brands | Leadership |
Sudhanshu Suman | Senior Director, FP&A Head | Leadership |
Ca. Ankit Bhatnagar | Deputy Director - Business Finance | Leadership |
Aditya Vaidya | Director, Growth | Leadership |
Diptangshu Mandal | Associate Director - UX | Leadership |
Vashima Mishra | Director - Design | Leadership |
Rohan Seam | Design Director | Leadership |
Saurav Jha | Associate Director Design | Leadership |
Nitin Kumar | Vice President | Leadership |
Garvit Chouhan | Associate Director - Product Management | Leadership |
447 more people are available in the full profile.
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Financials of Myntra
Figures of Myntra Designs Private Limited, the primary company behind Myntra, for FY 2026. Revenue was ₹5,316 Cr (-13% year on year). Net loss was -₹579 Cr (-11% margin). EBITDA was -₹362 Cr (-7% margin). Revenue has grown at a compounded annual rate of 0% over three years and +17% over five years.
- ₹5,316 CrRevenue · FY 2026 · -13% YoY
- -₹579 CrNet loss · -11% margin
- -₹362 CrEBITDA · -7% margin
- ₹10.25 CrPaid-up capital
- 1,133Employees (provident fund records)
- 0%Revenue CAGR, 3 years
- +17%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Myntra Designs Private Limited are on its company page.
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Detailed financial statements for Myntra
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Investments & Acquisitions by Myntra
Myntra has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include Cubeit, Exclusively and Fitiquette.
Acquisitions
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Discovery, reservation, and ordering from local stores are facilitated online. | pretr.com | Mumbai, India | 2016 | Aug 2018 | •••• | |
Smartwatch for notifications and fitness tracking is developed. | witworks.com | Bengaluru, India | 2015 | Apr 2018 | •••• | |
Logistics vendors are aggregated and shipments managed via SaaS platform. | inlogg.com | Bengaluru, India | 2015 | Apr 2017 | •••• | |
Internet first brand of fashion apparel wears for men and women | hrxbrand.com | Mumbai, India | 2013 | Aug 2016 | •••• | |
Online marketplace for fashion products | jabong.com | Gurugram, India | 2012 | Jul 2016 | $70M | |
Content organization and management tool | cubeit.io | Bengaluru, India | 2012 | Jul 2016 | •••• | |
Tools for cloud app development, deployment, and management are offered. | native5.com | Bengaluru, India | 2011 | May 2015 | •••• | |
Virtual fitting rooms are offered for online fashion portals. | fitiquette.com | San Francisco, United States | 2010 | Apr 2013 | •••• | |
Online retailer of cricket apparel | shersingh.com | Delhi, India | 2011 | Nov 2012 | •••• | |
Indian luxury fashion products are retailed via an online marketplace. | exclusively.com | Delhi, India | 2010 | Jun 2012 | •••• |
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Timeline of Myntra
15 dated milestones of Myntra across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Myntra is founded.
- Funding First funding round of $267K.
- Milestone Reaches Minicorn status.
- Acquisition Acquires Exclusively.
- Acquisition Acquires Sher Singh.
- Acquisition Acquires Fitiquette.
- Funding Latest funding round, Series E, of $50.0M.
- Exit Acquired by Flipkart.
- Acquisition Acquires Native5.
- Acquisition Acquires Cubeit.
- Acquisition Acquires Jabong.
- Acquisition Acquires Hrx.
- Acquisition Acquires InLogg.
- Acquisition Acquires WitWorks.
- Acquisition Acquires Pretr.
Competitors of Myntra
Myntra has 3 listed competitors in our database, 3 of them funded. They include Flipkart, Nykaa and Snapdeal.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| flipkart.com | 2007 | Bengaluru, India | $12.12B | 8,446 | Multi-category consumer products are offered via an online marketplace platform. | |
| nykaa.com | 2012 | Mumbai, India | $88.91M | 7,053 | Cosmetics, skincare, haircare, and wellness products are retailed online. | |
| snapdeal.com | 2010 | Gurugram, India | $1.77B | 277 | Discounted products across multiple categories are sold online. |
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Detailed competitors of Myntra
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Web traffic of Myntra
The website of Myntra (myntra.com) receives about 113.8M visits a month and ranks #236 among all websites worldwide, #6 in Fashion and Apparel.
- Monthly visits113.8M
▼ 9.1% vs previous month
- Unique visitors45.6M
per month
- Global rank#236
among all websites
- Category rank#6
Lifestyle · Fashion and Apparel
Visitor engagement
- Bounce rate45%
- Pages per visit6.4
- Average visit4 min 08 sec
- DevicesDesktop 14% · Mobile 86%
Similar websites
Websites whose visitors overlap most with Myntra. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| ajio.com | 100% | 30.1M | #1,339 | View details | |
adidas.co.in | adidas.co.in | 90% | #9,799 | – | |
| nike.com | 80% | 114M | #247 | View details | |
| nykaafashion.com | 78% | 13M | #3,399 | View details | |
| nykaa.com | 75% | 21.1M | #2,062 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
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Top companies in Fashion & Lifestyle E-Commerce
3 companies that operate in the same segment as Myntra (Fashion & Lifestyle E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.04 B | USD 939.4 M | 18,984 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 144.58 M | USD 32.66 M | 711 | |
Subscription-based jewelry is provided by digital-first brand BlueStone. | 2011 | Bengaluru, Karnataka, India | USD 259.61 M | USD 259.64 M | 3,210 |
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Related news about Myntra
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Articles about Myntra on our blog
Frequently Asked Questions about Myntra
Myntra was founded in 2007 and raised its 1st funding round 1 year after it was founded.
Myntra is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
John John is the CEO of Myntra, as recorded in our data.
Myntra is a funded company, having raised a total of $123.71M across 7 funding rounds to date. The company's 1st funding round was a Seed of $266.56K, raised on Feb 2008.
Myntra has 1,031 employees.
The primary company behind Myntra, Myntra Designs Private Limited, reported revenue of ₹5,316 Cr for FY 2026, down 13% year on year.
Myntra was founded in 2007 in Bengaluru, India, as an e-commerce platform focused on fashion and lifestyle sectors. A wide range of products, including apparel, footwear, jewelry, watches, beauty items, electronics, and home goods, is provided through its catalog. The service operates on iOS and Android applications, with features for order management, real-time tracking, and automated shipping via multiple carriers.
Myntra has made 10 acquisitions, including Cubeit, Exclusively, and Fitiquette.
Myntra has 16 investors. Key investors include Flipkart, Accel, Mumbai Angels, Premji Invest, and Erasmic Venture Fund.
The valuation of Myntra is $197.98M as of Jan 2014.
Myntra operates through Myntra Designs Private Limited.