CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Flipkart promotes whom to head Myntra-Jabongs fashion & lifestyle categories?
A
Gunjan Soni
B
Zalora
C
Rishi Vasudev
D
Manohar Kamath
Explanation: 

Detailed explanation-1: -A source told ET Bureau: “Amar will head product, tech and customer experience, Rishi will head fashion and lifestyle at Myntra and Jabong.” The two will report to the CEO of Flipkart, Kalyan Krishnamurthy, according to the source.

Detailed explanation-2: -Mukesh Bansal is the founder and chief executive of Myntra, India’s largest fasion e-commerce site, which was acquired, in 2014, for $375 million by Flipkart, the country’s equivalent to Amazon.

Detailed explanation-3: -In July 2016, Jabong was acquired by Myntra, a subsidiary of Flipkart for an undisclosed amount. The merge has led to over 150 employees being led off, as part of the process towards the integration of the two businesses’ functions.

Detailed explanation-4: -Myntra is a major Indian fashion e-commerce company headquartered in Bengaluru, Karnataka, India. The company was founded in 2007-2008 to sell personalized gift items. In May 2014, Myntra.com was acquired by Flipkart.

Detailed explanation-5: -Serial entrepreneur, founder of Jabong “ Aqua brim and current managing director of PinCap, Praveen Sinha.

There is 1 question to complete.