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Myntra Acquires Bengaluru Based InLogg, a Logistics Technology Firm

Myntra Acquires Bengaluru-Based InLogg, a Logistics Technology Firm

By Press Trust of India | Updated: 20 April 2017 12:25 IST

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Highlights

Myntra has acquihired InLogg for an undisclosed amount
This will help Myntra expand in Tier II, III, IV cities
It is the fourth acquisition made by Flipkart-owned Myntra

Fashion e-tailer Myntra on Wednesday said it has acquired Bengaluru-based InLogg for an undisclosed amount, a move that will further strengthen the supply chain capabilities of the Flipkart-owned company.

Founded in 2015, InLogg offers a technology platform that provides end-to-end logistics solutions for the e-commerce sector.

"As part of the acquisition, the team at InLogg has been inducted into Myntra, making it an acquihire that will further strengthen and expand Myntra's supply chain capabilities," Myntra said in a statement.

The core management team of InLogg comprises Preeti Jain (CEO), Rajat Khanduja (CTO), Prateek Gautam (Head of Product and Operations) and Hemant Agrawal, Head of Business Development.

"With an 80 percent year-on-year growth, we are on a strong trajectory... The Inlogg acquihire with the platform and capabilities will help us scale while delivering great customer experience in Tier II, III and IV cities," Myntra Chief Strategy and Planning Officer Ananya Tripathi said.

It will allow Myntra to leverage local and regional players to enhance its reach, reduce delivery time and develop a plug-and-play model which can be scaled in the future, she added.

This is the fourth technology-led acquisition for Myntra. It has acquihired Bengaluru-based tech startup Cubeit (2016) and mobile app development company Native5 (2015).

It had also acquired Fitiquette, a San Francisco-based technology solution firm, which offered a virtual fitting room, in 2013.

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