Tech Connect Retail,largest seller entity on Mynta that is promoted by former Airtel CEO Sanjay Kapoorhas seen growth in its revenue.Tech Connect has seen 100% of revenues from retail sales through e-commerce.Documents from business research platform Tofler said company has made a profit of 12 lakhs in 2017 compared to a loss of Rs28 lakhs in the previous year.The Flipkart owned Myntra had bulk of its sales from Vector E-commerce,but it reduced its dependence on the seller and brought the Kapoor promoted Tech Connect as a prime merchant on its platform.Vector E-commerce has reduced significantly.
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