Jabong's technology team joins Myntra 
Less than two months after Flipkart-owned Myntra acquired rival Jabong for $70 million, Myntra has moved the technology team of Jabong in Bengaluru to its own facility. While the two teams will work separately, they'll be sharing infrastructure in the interest of cost efficiency. Earlier, Myntra CEO Ananth Narayanan had said both Myntra and Jabong would run as separate entities.