India: Flipkart-owned Myntra aims to hit profit zone by 2017-18

India: Flipkart-owned Myntra aims to hit profit zone by 2017-18

Myntra CEO Ananth Narayanan. Myntra plans to open offline stores for its private brand Roadster before the end of this year. Photo: Mint

Flipkartowned online fashion retailer Myntra, which acquired smaller rival Jabong earlier this year, aims to hit $2 billion in revenue run rate and also turn profitable by the end of the 2017-18 fiscal year, driven mainly by a rapidly growing user base.

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