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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, Vineet Saxena 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 10 funded and 4 that have exited. Its top competitors include companies like StockX, Nykaa Fashion and Culture Circle.

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.
Social
XFacebook
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
Ranked
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
1,031 as on Apr 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Flipkart (May 22, 2014)

Myntra's acquisition details

Myntra got acquired by Flipkart on May 22, 2014 at an acquisition amount of $*****.
Click here to take a look at Myntra's acquisition in detail
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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:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 27, 2014
7671808
Series E
3005844
5535210
3128059
1252749
Feb 26, 2013
6919593
Series D
8998091
1740837
3365237
May 17, 2012
9719039
Series D
1720232
4959487
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Myntra's founders and board of directors

Founder? Claim Profile
The founders of Myntra are Mukesh Bansal, Raveen Sastry, Ashutosh Lawania, Sankar Bora, Vineet Saxena and Vineet Saxena. Nandita Sinha is the CEO of Myntra.
Here are the details of Myntra's key team members:

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
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Team
-
Past
6y 3m
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Team
-
Past
2y 5m
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Team
-
Past
5y 8m
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Team
-
Current
3y 5m
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Team
-
Past
6y 2m
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Team
-
Past
4y 8m
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Investor
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Past
6y 2m
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Investor
-
Past
5y 1m
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Investor
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Past
1y 8m
Independent board member
-
Current
4y 3m
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Independent board member
-
Current
9y 5m
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Independent board member
-
Past
7y 2m
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Independent board member
-
Past
9y 2m
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Independent board member
-
Past
8y 3m
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Independent board member
-
Past
1y 4m
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Independent board member
-
Past
7y 7m
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Independent board member
-
Past
3y 4m
tremjiw
Independent board member
-
Past
5y 2m
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Independent board member
-
Past
9y 1m
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Independent board member
-
Past
5y 2m
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Independent board member
-
Past
5y 9m

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:
Employee count trend for Myntra
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Myntra's Competitors and alternates

Top competitors of Myntra include StockX, Nykaa Fashion and Culture Circle. Here is the list of Top 10 competitors of Myntra, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Myntra
Myntra
2007, Bengaluru (India), Acquired
Online retailer of fashion, lifestyle, beauty, personal care, and home products
$125M
81/100
2nd
Logo for StockX
StockX
2016, Detroit (United States), Series E
Online marketplace offering multi-category second-hand products
$495M
76/100
3rd
Logo for Nykaa Fashion
Nykaa Fashion
2012, Mumbai (India), Unfunded
Retailer of apparel, accessories, beauty products, home décor, and tech
-
-
72/100
4th
Logo for Culture Circle
Culture Circle
2023, Gurugram (India), Seed
Online retailer of authentic sneakers, apparel, accessories, and jewellery
$2.51M
68/100
5th
Logo for Jabong
Jabong
2012, Gurugram (India), Acquired
Online marketplace for fashion products
$120M
62/100
6th
Logo for NNNOW
NNNOW
2016, Bengaluru (India), Unfunded
Online retailer of men's, women's, and kids' clothing, footwear, accessories
-
-
60/100
7th
Logo for Ajio
Ajio
2016, Bengaluru (India), Unfunded
Platform offering multi-category fashion products for men, women, and kids
-
-
59/100
8th
Logo for Lyskraft
Lyskraft
2023, Gurugram (India), Seed
Provider of omnichannel platform offering a range of fashion products and accessories
$26M
57/100
9th
Logo for GoFynd
GoFynd
2012, Mumbai (India), Unfunded
Curated online marketplace for streetwear, athleisure, and sustainable apparel
-
-
56/100
10th
Logo for Crepdog Crew
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 85.67%, Enterprises own 3.45%, Angels own 0.17% and Other People own 6.86%.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Fund
85.67%
1,050Cr
8352955
4492545
5810952
7190940
7987535
2276454
2843152
3315261
7380836
5130790
5452490
5159941
8623890
7559552
4363336
7345763
2816045
4245895
9642066
4919078
8980981
9279541
1563670
2143790
2254074
5025284
4650520
4089984
Enterprise
3.45%
42.2Cr
450
412
586
850
Angel
0.17%
2.08Cr
0
0
0
0
Other People
6.86%
84Cr
741284
957475
790681
654709
ESOP Pool
3.86%
47.3Cr
759
217
794
721
Total
100.00%
1,220Cr
6197737
7420855
5198585
9868566
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View 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:lockFilter this list
Date 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

lockFilter this list
Media has covered Myntra for a total of 55 events in the last 1 year, 35 of them have been about company updates and 8 about people movement.
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