#business
Myntra’s Underperformance
Flipkart acquired Myntra for 1200 crores with high ROI expectations, but Myntra reportedly suffered losses for three consecutive quarters. Its shift to an app-only model and weaker returns have added to Flipkart’s challenges.
Acquisition Cost Crores: 1200
Projected Roi Crores: 2700
Roi Timeline Years: 12
Loss Quarters Reported: 3
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Flipkart acquired Myntra for 1200 crores with high ROI expectations, but Myntra reportedly suffered losses for three consecutive quarters. Its shift to an app-only model and weaker returns have added to Flipkart’s challenges.
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