Myntra secured $81 million from its parent company Flipkart to enhance its quick delivery offering for apparel.
Feb 06, 2025•6 months ago
Amount Raised
$81 Million
Investors
Flipkart
Description
Myntra has received an $81-million fund infusion from Flipkart, aimed at bolstering its quick delivery capabilities in the competitive online apparel market. This infusion marks the second investment from Flipkart in 2024.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech