Myntra posts ₹548 cr FY25 profit, stands out as fashion’s profit machine
Myntra surged to a record ₹548 crore net profit in FY25 (up 18X YoY), driven by 18% revenue growth, a focus on Gen Z shoppers, and a diversified model spanning marketplace services, logistics, and advertising. The Flipkart-owned fashion platform now claims a 19–20% online market share, outpacing rivals in the mid-premium segment. Strategic initiatives—including FWD for Gen Z, creator-driven programs,…
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Myntra posts ₹548 cr FY25 profit, stands out as fashion’s profit machine
Myntra surged to a record ₹548 crore net profit in FY25 (up 18X YoY), driven by 18% revenue growth, a focus on Gen Z shoppers, and a diversified model spanning marketplace services, logistics, and advertising. The Flipkart-owned fashion platform now claims a 19–20% online market share, outpacing rivals in the…
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Lenskart secures SEBI nod for ₹2,150 cr IPO, targets November listing
Lenskart has secured SEBI approval for its IPO, targeting a ₹2,150 crore fresh issue plus ₹13.2 crore share sale by existing investors including SoftBank, Temasek, and founders, aiming for mid-November listing. The Gurugram-based eyewear retailer turned profitable in FY25 with ₹297 crore net profit versus ₹10 crore loss in FY24, while revenue grew 22% to ₹6,653 crore. Proceeds will fund…
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Myntra posts ₹548 cr FY25 profit, stands out as fashion’s profit machine
Myntra surged to a record ₹548 crore net profit in FY25 (up 18X YoY), driven by 18% revenue…
Early Stage Funds Dominate $9B Indian Startup Fund Launches in 2025
Indian startups have seen over $9 billion in new fund launches during 2025 so far, with a strong…
Lenskart secures SEBI nod for ₹2,150 cr IPO, targets November listing
Lenskart has secured SEBI approval for its IPO, targeting a ₹2,150 crore fresh issue plus ₹13.2 crore share…