Styletag, a fashion e-commerce platform, has hired Michael Adnani as its Chief Executive Officer (CEO), reports The Economic Times. Prior to this, Adnani was the vice president of Flipkart and headed strategic brand alliances, which he left in October last year. He will be heading the fundraising rounds as well as handle strategy, marketing, products and technology. The company believes that his experience will help the brand in rapid acceleration, expansion and consolidation. Adnani has over 30 years of experience in retail and e-commerce merchandising. He has also handled marketing and sales operations in his previous roles. He has also been associated with other online retailers like Sears Holdings, Nextag, Overstock etc. The company also informed that they are looking to hire more such seasoned executives at the Csuite level. Styletag was founded in 2012 and offers products ranging from clothes and fashion accessories for men and women, home decor, phone accessories, wedding collection to gift items and collectibles. Past Developments In November last year, Styletag had raised $7.5 million (Rs 50 crore) from Jitu Virwani, Chairman & Managing Director of the Embassy Group, in his personal capacity. The company had informed then that the funds will be used for product expansion, talent acquisition and acquiring designer brands. It was aiming to establish a GMV of Rs 50-70 crore by the end of 2015. At that time it claimed to clocking 100,000 unit orders that season.
- Indian crypto exchanges plan to collect identity details for crypto transfers to private wallets: Report June 3, 2023
- Jugalbandi, A Chatbot for Rural India by Microsoft and EkStep: What to Know and Think About? June 3, 2023
- Hopeful to See Action Against E-Pharmacies Selling Medicines Online Without Licenses: Pharmacy Body Writes to States and UTs June 3, 2023
- Meta to give advertisers more control using AI and content filters June 2, 2023
- Transparency Report: Here’s all Facebook, Instagram, Twitter and Google had to say about user complaints in April June 2, 2023
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
Is it safe to consider all "publicly available data" as public?
PhonePe launched an e-commerce buyer app for ONDC called Pincode. We, however, believe that it should also launch a seller app.
Amazon announced that it will integrate its logistics network and SmartCommerce services with the Open Network for Digital Commerce (ONDC).
India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?
After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...
Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...