MOBILE PUSH: Myntra plans to double its 300-strong engineering team over the next few quarters, and is close to scrapping its website to focus on a mobile app, Ganesh Subramanian said.
BANGALORE: Myntra, part of Indian's biggest e-commerce company Flipkart, said it expects to turn profitable by the end of next financial year as the online fashion store looks at slashing discounts and curbing supply-chain costs.
Shopping online is becoming more popular in India due to the rising use of cheaper smartphones and India's e-commerce sector is expected to grow to US$220bil (RM912.45bil) by 2025.
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