Hotline: 1800 102 2007
X
Search Business Opportunities
2014-09-30

Myntra.com launches Fashion Incubator program for designers

The idea behind setting up the Myntra Fashion Incubator is to mentor young entrepreneurs who do not have access to capital, supply chain and distribution platforms.

E-commerce firm, Myntra.com today announced the launch of year-long 'Designer in Residence' program targeted at budding designers with a unique brand idea to create and develop a fashion business in India, says a PTI report.

 

Commenting on the development, Myntra CEO and Head of Fashion at Flipkart, Mukesh Bansal said, "The idea behind setting up the Myntra Fashion Incubator is to mentor young entrepreneurs who do not have access to capital, supply chain and distribution platforms, and empower them to create sizeable indigenous fashion brands in the long-run. The emphasis of this initiative will be on identifying a business idea that has the potential to scale and sustain itself.”

 

‘A panel of judges and experts from the industry will put the shortlisted participants through rigorous assessment and the final set of participants will get an opportunity to work on their idea under the guidance of Myntra Fashion Incubator team, ‘he added.

 

The first batch of the incubator program is expected to roll out in January 2015 and as many as 10 entrepreneurs will get on board early next year.

 

 

Related opportunities
  • Do you have a keen interest in education? Do you..
    Locations looking for expansion Karnataka
    Establishment year 2005
    Franchising Launch Date 2008
    Investment size Rs. 5lac - 10lac
    Space required 1500 sft to 2000 sft
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Karnataka
  • Others Food Service
    About Us: Tandoori Trumpets is a chain of casual dining restaurants..
    Locations looking for expansion Delhi
    Establishment year 2018
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New delhi Delhi
  • Quick Service Restaurants
    About Pizza BoxPizza box is located in Vile Parle East..
    Locations looking for expansion Maharashtra
    Establishment year 2014
    Franchising Launch Date 2015
    Investment size Rs. 10lac - 20lac
    Space required 200 - 450 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • Home Furnishings
    About: Ambreh is backed by Aalidhra Techtex Pvt. Ltd. that owns..
    Locations looking for expansion Delhi
    Establishment year 1989
    Franchising Launch Date 2017
    Investment size Rs. 30lac - 50lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts