Kamath has been with Myntra for almost seven years and was instrumental in bringing brand-building DNA to Myntra, where he headed its private label business
The e-commerce enabler, which recently partnered with the India Post, aims to set up a new model with post offices in rural areas to tack them back into e-commerce
The funds will be used to develop the company’s flexible workspace aggregator technology and for further expansion in India and into Southeast Asia and the Middle East and North Africa regions
Reliance Industries-owned Ajio is setting up a new marketplace for low-priced fashion items, Ajio Street, which will work on a zero-commission model, in a bid to expand its customer base to non-metro cities in India
