This Time Flipkart Parent Company Inverts $50 Million in Myntra

Flipkart a India's top eCommerce company reported to invest $50 Mn on its partner eCommerce company Myntra, which is online fashion mega store. According to Roc filling we got to know that Filpkart pumped Myntra to compete its reveal company Jabong.

This Funding helps Mynta to boost their services and also helps them to expand more in their niche.

Also Read : Hindi Is Important And We Come With Hindi Language Startup Story Blog

This all happens after their top competitor Jabong succeed to raise fresh funding of $20 Mn from Global Fashion Group.

Also Read : TVF Pitchers Makers, Finally Raised Their Funding

According to Inc42 report, This year Myntra revenue jumped upto 77% which very good for any company. This year Myntra made (INR 780 Cr) with the total loss of (1.278 Cr), according to ROC.

Also Read :Why Rahul Yadav Is Considered As Drama King Of Startup World

Flipkart don't wants to see their company to lay down in any ways and that's why they are totally ready to face any type of financial loss in any terms, they only wants to lead in market.   

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Flipkart's New Bangalore office make you quit your current job

Flipkart recently move to their new sexy office which ease to compel you to work with Flipkart. This 2 million squre-foot office location is at Cesna Buisness Park, Sarjapur, Bangalore which is also known as silicon valley of India. Flipkart’s new office place is a sure winner in the lines of creating a wonderful working experience and help to reduce work force for the employees.
The office is rich with so many features(here the use of feature will define as divisions of office) like it has over 11 floors with recreational areas, miniature golf area, hallways, library, game zones and various other installations.
Floor themes vary from literature to technology, art, advertising, music, cinema, science and more.
Now it is time to take a quick tour of hub of e-commerce store:

Real estate portal Housing have their new office in Delhi, You can also check Freecharge brand ne office in Bangalore. 

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