Flipkart's Myntra reduces losses by 25% to â¹655 cr in FY17
Flipkart-owned fashion retailer Myntra's losses have reduced by 25% to â¹655 crore in the fiscal year 2017 as compared to â¹823 crore in the previous financial year. Myntra also posted a total revenue of â¹2,000 crore in the same fiscal. Flipkart, which was recently acquired by US-based Walmart, bought Myntra in 2014.