Business

Myntra Home Surges with 60% YoY Growth: A New Era in Online Home Decor Shopping

Myntra Home's Remarkable Growth

Myntra has recently announced an impressive 60% year-on-year rise in demand for its Home category, marking it as one of the platform's fastest-growing segments. This surge is attributed to the company's focus on premium, high-quality home products and a keen understanding of consumer preferences towards visual aesthetics in home decor.

Myntra Home sees 60% YoY rise in demand

Innovative Tech Solutions

To enhance the shopping experience, Myntra has introduced a tech-led solution powered by generative AI within its Home category. This innovative approach helps customers discover products that resonate with their personal style, ensuring a smooth and enjoyable discovery-to-purchase journey.

Leadership's Insight

Sharon Pais, Myntra's chief business officer, highlighted the platform's success, stating, "Trust built across premium customer cohorts, a huge base of 70 million monthly active users, and deep market penetration have encouraged us to bolster our lifestyle positioning, in addition to fashion."