Myntra founder Mukesh Bansal's Nurix AI, which builds custom AI agents for enterprise services, raises a $27.5M seed from Accel, General Catalyst, and others
Digbijay Mishra / The Economic Times :
Flipkart-owned Indian fashion retailer Myntra is penalizing users who return items too often; studies: 25% to 40% of clothes sold online in India are returned
Across India, e-commerce giants like Myntra and Flipkart are canceling free returns to boost profits. — • BENGALURU, INDIA Tweets: @nilchristopher , @alexgonzor , @webaficionado , and @anupkaphle Tw...
Filings: Walmart-backed Flipkart's invested $116M in Indian fashion retailer Myntra, part of the $800M Flipkart invested in other businesses in March
The new investment comes as Myntra faces new challenges, with Reliance's Ajio emerging as a significant second player in the market.
Algorithms increasingly replace highly-skilled white-collar workers, as seen in online fashion and retail industries and the ascendance of firms like Stitch Fix
One of the best-selling T-shirts for the Indian e-commerce site Myntra is an olive, blue and yellow colorblocked design. Tweets: @sub8u Tweets: Subrahmanyam Kvj / @sub8u : How AI algorithms are arming...
Indian e-commerce giant Flipkart raises $210 million, following its acquisition of rival Myntra
India e-commerce giant Flipkart last week bought up smaller, fashion-focused rival Myntra, and today it has more news after announcing a new $210 million round of funding.