Voonik Acquihires Getsty, A Personal Shopping Platform For Men

Fashion marketplace for women, Voonik is set to launch its men’s fashion app and so has acquihired Getsty, a curator of personalised fashion for men. The acquihiring will help Voonik to leverage its existing customer base, its supplier network and its recommendation engine to speed up its own men’s offering.

Myntra Plans To Enter US Market And Curb Its Losses

Flipkart owned Myntra after reporting a loss of Rs 740 crore is planning to foray into the US market and has set up a subsidiary of Myntra Inc. The e-commerce player plans to achieve profitability by 2017 and thus is looking for opportunities. Myntra had reported losses of R173 crore in FY14.