Well, looks like the Indian ecommerce industry is ready to witness the biggest wedding in the history so far. Since past one year, there have been rumors that Flipkart might be acquiring Myntra, but don’t know why this wedding has not commenced yet?
The Question: Will this wedding really happen?
We believe yes, because Mukesh Bansal was found saying, “I’m open to the idea of a strategic (investor) if the DNA is similar, and the investor has a deep technology know-how with a vision to grow Myntra over the next 5-10 years.” And for Flipkart which has Tiger Global and Accel Partners as its investors, that are common to Myntra too and as Flipkart is also working aggressively to expand in fashion category, this acquisition looks like a pretty perfect match!
Wedding Cards Are Already Out
Media organisations have been putting up a lot of stuff about this high rated wedding and even suggests that the acquisition, which was suppose get done by April 2014 has been delayed by one month (Looks like the Bride/Groom have some issues). By now, none of the companies have confirmed any such rumors, but guess some relative/Barati either of Flipkart or Myntra has gone so damn desperate that he/she is spreading and leaking out info about this private affair [Begani Shadi Mein Abdullah Deewana], but do we care?
But if this is an affair, obviously we are keen to know what is cooking up between the bride and the groom. Adding on, who doesn’t like gossip? And marriage gossips are always tempting to listen in India, because there is so much to say about, so we are keen to know what’s going behind the scenes.