March 26, 2017 10:30 AM ET

Internet and Direct Marketing Retail

Company Overview of Xerion Retail Private Limited

Company Overview

Xerion Retail Private Limited operates an online fashion and lifestyle store. The company offers clothing, bags, shoes, sunglasses, jewelry, and watches. It caters to men, women, and kids. The company was founded in 2011 and is based in Gurgaon, India. As of July, 2016, Xerion Retail Private Limited operates as a subsidiary of Myntra Designs Private Limited.

Plot no. 82A

Sector 18

Gurgaon,  122015

India

Founded in 2011

Phone:

91 12 4612 8000

Key Executives for Xerion Retail Private Limited

Xerion Retail Private Limited does not have any Key Executives recorded.

Xerion Retail Private Limited Key Developments

Myntra Appoints Gunjan Soni as Head of Jabong Business

Myntra has appointed Gunjan Soni as head of Jabong business. In her new role, Soni will be responsible for driving the business operationally through its next phase of growth and also focus on setting the strategic direction for Jabong. The appointment is effective from Feb. 9, 2017. Prior to this appointment, Soni worked for Myntra as its chief marketing officer. She has also worked with Star India, Mckinsey and Co, and Infosys Technologies Ltd.

Jabong Announces Executive Changes

Jabong has seen the exit of its two senior executives - chief marketplace officer Ranjan Kant and its HR head Deepa Chadha. Following these exits, the operations and HR teams will report into Muralikrishnan, the chief operating officer, who will lead the product and technology divisions. The changes will be implemented in the next two weeks.

Sale Of Jabong Enters Into Advanced Discussions With Snapdeal

Global Fashion Group S.A., which owns Xerion retail Private Limited-Jabong.com, is in advanced discussions with Softbank Group Corp. (TSE:9984)-backed Jasper InfoTech Private Limited-Snapdeal.com to sell the online fashion retailer. The deal is estimated to be around $50-75 million largely in cash, which would allow existing investors Rocket Internet SE (XTRA:RKET) and Kinnevik AB (OM:KINV B) to exit Jabong.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 26, 2016
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