Myntra - About the company
Myntra is an acquired company based in Bengaluru (India), founded in 2007 by Mukesh Bansal, Raveen Sastry, Ashutosh Lawania, Sankar Bora and Vineet Saxena. It operates as an Online retailer of fashion, lifestyle, beauty, personal care, and home products. Myntra has raised $125M in funding from investors like Tiger Global Management, Accel and Chiratae Ventures, with last known valuation of $*****. The company has 243 active competitors, including 9 funded and 4 that have exited. Its top competitors include companies like StockX, Jabong and Nykaa Fashion.
Company Details
Online retailer of fashion, lifestyle, beauty, personal care, and home products. The company provides clothing, footwear, accessories, personal care items, and home furnishings. Merchandise includes apparel, shoes, jewellery, makeup, skincare, home décor, and bedding. The business offers a loyalty program and a personalized fashion feed.
- Website
- www.myntra.com/
- Social
- Email ID
- *****@myntra.com
- Phone Number
- +91 **********
- Registered Address
- BUILDINGS ALYSSA , BEGONIA & CLOVER, EMBESSY TECH VILLAGE, OUTER RING ROAD, Bangalore, DEVARABEESANHALLI VILLAGE, Karnataka, India, 560103
Key Metrics
Founded Year
2007
Location
Bengaluru, India
Stage
Acquired
Total Funding
$125M in 7 rounds
Latest Funding Round
Last Known Valuation
$***** as on May 22, 2014
Investors
Ranked
1st among 243 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
1,031 as on Apr 30, 2026
Exit Details
Acquired by Flipkart (May 22, 2014)
Legal entities associated with Myntra
Myntra is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MYNTRA JABONG INDIA PRIVATE LIMITED CIN: U74900KA2015FTC079383 , India, Active | Mar 20, 2015 | ₹1,000+ Cr (As on Mar 31, 2025) | 1496 (As on May 01, 2025) | |
MYNTRA, INC. CIN: 900924051 , United States, Active | Jan 02, 2013 | - | 10 (As on Dec 31, 2024) | - |
XS BRANDS CONSULTANCY PRIVATE LIMITED CIN: U74140MH2010PTC211499 , India, Active | Dec 28, 2010 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
MYNTRA DESIGNS PRIVATE LIMITED CIN: U72300KA2007PTC041799 , India, Active | Feb 16, 2007 | ₹1,000+ Cr (As on Mar 31, 2025) | 998 (As on May 01, 2026) |
Myntra's acquisition details
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Myntra's funding and investors
Myntra has raised a total funding of $125M over 7 rounds. Its first funding round was on Feb 25, 2008. Its latest funding round was a Series E round on Jan 27, 2014 for $*****. 6 investors participated in its latest round. Myntra has 20 institutional investors and 7 angel investors.
Here is the list of recent funding rounds of Myntra:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 27, 2014 | 9453424 | Series E | 6450881 | 9769488 | 7804127 | 2147534 |
Feb 26, 2013 | 5365948 | Series D | 4699411 | 9848330 | 5327752 | |
May 17, 2012 | 9339264 | Series D | 2912329 | 5143075 |
Access funding benchmarks and valuations. Sign up today!View details of Myntra's funding rounds and investors
Myntra's founders and board of directors
Founder? Claim ProfileThe founders of Myntra are Mukesh Bansal, Raveen Sastry, Ashutosh Lawania, Sankar Bora and Vineet Saxena. Sharon Pais is the CEO of Myntra.
Here are the details of Myntra's key team members:
- Mukesh Bansal: Former Co-Founder of Myntra and founder of 9 other companies, including Nuplay AI, Cult Store and Lyskraft. They are also an angel investor in 26 startups and serve on the boards of 6 companies.Contact Info: 4 email addresses and 2 phone numbers
- Raveen Sastry: Former Co-Founder of Myntra and founder of 2 other companies, Multiply Ventures and Nudgespot. They are also an angel investor in 27 startups.Contact Info: 1 email address and 1 phone number
- Ashutosh Lawania: Former Co-Founder of Myntra and founder of 1 other company. They are also an angel investor in 7 startups and serve on the boards of 3 companies.Contact Info: 1 email address and 1 phone number
- Sankar Bora: Former Co-Founder of Myntra and founder of 3 other companies, CHK, DealShare and Avagmah. They are also an angel investor in 4 startups.Contact Info: 1 email address and 1 phone number
- Vineet Saxena: Co-Founder of Myntra and founder of 3 other companies, CARD91, Vineet Saxena - Founder and Banc91.
Myntra's Board of Directors
Myntra's board has 6 active members. Sunder Balasubramanian is part of team and Padmakumar Jogendra Pal, Mayank Kedia, Akshat Kedia, Santosh Kevlani and Sachin Takkar are independent board members.Here is the list of Myntra's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
gqlze{d | Team | - | Past | 9y 5m |
xduzukc | Team | - | Past | 1y 7m |
ryzhnnu | Team | - | Past | 2y 1m |
wkiyplo | Team | - | Current | 2y 6m |
zmauccl | Team | - | Past | 4y 3m |
wfwounv | Team | - | Past | 1y 8m |
svsnoor | Investor | zieaiie | Past | 7y 1m |
ttkfohq | Investor | - | Past | 9y 2m |
kgxtlgx | Investor | whmjyoo | Past | 6y 1m |
Independent board member | - | Current | 4y 4m | |
bfji{ov | Independent board member | - | Current | 5y 5m |
tvjqsul | Independent board member | - | Past | 5y 1m |
rnayh{u | Independent board member | - | Past | 5y 7m |
zikwqoh | Independent board member | - | Past | 5y 9m |
hczzkcp | Independent board member | - | Past | 5y 1m |
cevlnuv | Independent board member | - | Past | 3y 7m |
dqurq{i | Independent board member | - | Past | 9y 7m |
sjlxxwb | Independent board member | - | Past | 2y 5m |
kyduism | Independent board member | - | Past | 6y 9m |
pb{xiom | Independent board member | - | Past | 3y 6m |
vgbvbnl | Independent board member | - | Past | 7y 6m |
View details of Myntra's Founder profiles and Board Members
Myntra's employee count trend
Myntra has 1,031 employees as of Apr 26. The total employee count is 7.0% lower than what it was in Apr 25. Here is Myntra's employee count trend over the years:
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Myntra's Competitors and alternates
Top competitors of Myntra include StockX, Jabong and Nykaa Fashion. Here is the list of Top 10 competitors of Myntra, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online retailer of fashion, lifestyle, beauty, personal care, and home products | $125M | 81/100 | ||
2nd | StockX 2016, Detroit (United States), Series E | Online marketplace offering multi-category second-hand products | $495M | 75/100 | |
3rd | Online marketplace for fashion products | $120M | 73/100 | ||
4th | Nykaa Fashion 2012, Mumbai (India), Unfunded | Retailer of apparel, accessories, beauty products, home décor, and tech | - | - | 72/100 |
5th | Culture Circle 2023, Gurugram (India), Seed | Online retailer of authentic sneakers, apparel, accessories, and jewellery | $2.51M | 68/100 | |
6th | Online retailer of men's, women's, and kids' clothing, footwear, accessories | - | - | 60/100 | |
7th | Platform offering multi-category fashion products for men, women, and kids | - | - | 59/100 | |
8th | Provider of omnichannel platform offering a range of fashion products and accessories | $26M | 57/100 | ||
9th | Curated online marketplace for streetwear, athleisure, and sustainable apparel | - | - | 56/100 | |
10th |  Crepdog Crew 2019, Delhi (India), Seed | Retailer of limited edition sneakers apparel accessories and beauty products | - | - | 53/100 |
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Myntra's Latest cap tables and shareholding
Funds (largest shareholder) own 85.69%, Enterprises own 3.44%, Angels own 0.17% and Other People own 6.84%.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Fund | 85.69% | 1,050Cr | 2061414 | 1113743 | 7197735 | 1828900 |
9268887 | 7002209 | 2989400 | 5820808 | 7054405 | 1175729 | |
5274868 | 7503467 | 4757365 | 4930205 | 5900291 | 2250061 | |
9571335 | 2755116 | 5041360 | 8358072 | 6558511 | 4870190 | |
1353509 | 9838982 | 6094345 | 8581986 | 2985147 | 7597777 | |
Enterprise | 3.44% | 42.2Cr | 474 | 895 | 391 | 680 |
Angel | 0.17% | 2.08Cr | 0 | 0 | 0 | 0 |
Other People | 6.84% | 84Cr | 589809 | 641907 | 885966 | 995534 |
ESOP Pool | 3.86% | 47.3Cr | 154 | 541 | 244 | 537 |
Total | 100.00% | 1,230Cr | 8920680 | 3800717 | 2797765 | 8696703 |
To unlock detailed Cap Table of Myntra Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Myntra's Shareholding
Myntra's Investments and acquisitions
Myntra has made 3 investments in companies including Wrogn and Aks Clothing. Myntra has also acquired 9 companies including Pretr and WitWorks.Here is the list of investments & acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Nov 05, 2020 | Investments | Bengaluru (India) | ||
Sep 16, 2019 | Investments | 2014 | Gurugram (India) | |
Mar 27, 2019 | Investments | 2014 | Gurugram (India) |
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Reports related to Myntra
Here is the latest report on Myntra's sector:
News related to Myntra
Filter this listMedia has covered Myntra for a total of 46 events in the last 1 year, 29 of them have been about company updates and 8 about people movement.
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Alvarez & Marsal Appoints Prasanna Rajan as Managing Director in its Turnaround and Restructuring PracticeBusinessnewsthisweek•Jul 31, 2026•A&M, Myntra
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Nykaa Appoints Former Swiggy Instamart COO Ankit Jain to Lead Nykaa NowViestories•Jul 28, 2026•Nykaa, Swiggy, Myntra
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Instamart Appoints Former Myntra CEO Nandita Sinha as CEO; Amitesh Jha ResignsEntrackr•Jul 28, 2026•Myntra, Swiggy
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From ₹12 crore to ₹700 crore, learn how Myntra's Mukesh Bansal earned 60x returns in 8 yearsMoneycontrol•Jul 21, 2026•Myntra
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Myntra Expands AI Capabilities Across Customer, Seller OperationsApparelResources•Jul 18, 2026•Myntra
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Myntra Expands Partnership with Desigual, Launches Apparel Collection in IndiaApparelResources•Jul 09, 2026•Desigual, Myntra
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Myntra adds 8.4 million weekly active users to reach all-time high of 60 millionBusiness Line•Jun 05, 2026•Myntra
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