Browse By

Monthly Archives: May 2014

Flipkart buying the online fashion megastore Myntra

  In what is the biggest consolidation in India’s e-commerce sector, homegrown e-retailer Flipkart is buying Bangalore-based online fashion store Myntra. “It’s a 100 percent acquisition and going forward we have big plans in this segment,” said Sachin Bansal, co-founder of Bangalore-based Flipkart. Flipkart said