Flipkart-owned Myntra cuts losses by over a third

Flip kart-owned Mynt ra has cut down its net losses by more than a third in FY 18, andimproved its consolidated revenue by three-fold to ~427.42 cr ore compared to ~155.6 core in FY 17. According to regulatory filings made by the firm, which were sourced from business intelligence platform Paper.vc, it net loss of~ FY 18 compared to ~655.9 cr ore inFY17.