Ambani's Ajio emerging as a rival to Walmart's Myntra

New Delhi: Even as Mukesh Ambani’s Reliance Industries requires on Amazon and Flipkart, its trend portal Ajio is rising as a rival to Walmart-owned Myntra, India’s industry leader in on the internet trend.

Far more than a dozen worldwide and Indian sellers on both equally platforms claimed Ajio is already in the reckoning and several of their enterprises have attained practically 50 % of what they do on Myntra, which Walmart owns by Flipkart.

“Earlier this thirty day period, we had a 10-time weekly sales progress at Ajio in contrast with the similar time period past calendar year,” claimed the CEO of a worldwide trend company who asked not to be recognized. “For us, sales on Ajio will overtake Myntra by the close of the calendar year.”

However, the CEO emphasised that Myntra is continue to very considerably larger in conditions of overall business dimensions than Ajio.

“Myntra has non-public

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