Myntra buys IIT-alumni co-founded wearable tech startup
Online fashion store Myntra has acquired technology wearable startup Witworks for an undisclosed amount. As part of the acquisition, Myntra has absorbed the Bengaluru-based startup's team into its Innovation Labs initiative, which explores product ideas, the company said in a statement. Witworks was co-founded by IIT Kharagpur alumni Somnath Meher, Ankit DP and Chandrashekhar Iyer in 2015. 