Praveen Sinha, Lakshmi Potluri, Arun Chandra Mohan, and Manu Kumar Jain started Jabong.com, an Indian e-commerce site that specialized in fashion and lifestyle goods.
Jabong.com became the largest fashion and lifestyle destination in less than four years of its operations.
In March 2014, Jabong was acquired by online retailer eBay Inc. for $70 Million.
Intime Retail Group Co., Ltd. In December 2013, Mukesh Bansal started a new e-commerce venture named ‘Myntra’, an online fashion and lifestyle retailer in collaboration with the world’s largest online retailer, Amazon.
In May 2014, Myntra was acquired by Flipkart, an Indian e-commerce company, for an estimated $300 million.
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