Brands
PrettySecrets accelerates growth with Myntra
MUMBAI : Apparel brand PrettySecrets will now be available across Myntra, Filpkart and Jabong. The brand has recently tied up with Myntra to be a part of Myntra’s Brands Accelerator Program.
Last year’s End of reason sale on Myntra saw that PrettySecrets has a month on month growth of over 80 per cent on Myntra. This year PrettySecrets has grown by 110 per cent. It has done sale worth Rs 4 crore in the month of June on Myntra alone.
PrettySecrets’ growth chart over the past one year has had a very positive influence over Myntra which in turn is one of the biggest fashion ecommerce brand. With both the big brands coming in together it definitely makes a win –win situation for both the parties as well as the customers.
PrettySecrets CEO and founder Karan Behal says, “The overall online marketplace distribution channel for PrettySecrets has grown 70 per cent over last year (2017) and has achieved a growth rate of Rs 30 crore which is 1/3rd of the overall brand revenue. This association has already catapulted the brand into the offline space with higher recognition and growth. We hope this association helps in reaching higher heights.”
Myntra head category business and chief strategy officer Ananya Tripathi said, “The vision of the Brand Accelerator program at Myntra and Jabong is to help shape the journey of emerging Indian fashion brands with unique customer proposition and take them to the top 10 national spot in three years.”
“The success and growth trajectory of Pretty Secrets goes on to show the kind of impetus the program offers to brands. We see great potential in the women’s innerwear category in the coming years and will continue to support the brand with deeper consumer insights and marketing support through technology,” he added.
The Myntra Accelerator Program has helped the brand in getting increased visibility through complimentary access to Myntra’s visibility tools such as banners and brand days etc which is promoted to over 50 million unique customers. Myntra and PrettySecrets’ collaborated machine learning tools will help strengthen the customer analytics capabilities and increase sell through rates for PrettySecrets on Myntra’s platform which will help build PrettySecrets’ brand positioning.
Brands
Skoda VW India names Nitin Selot executive director for finance, IT and legal affairs
Selot to lead finance and IT at six-brand India operation
NEW DELHI: Škoda Auto Volkswagen India Private Limited has appointed Nitin Selot as executive director for finance, IT and legal affairs, effective 19 February 2026, as the carmaker sharpens its focus on India as a core growth market.
Selot will serve as chief financial officer of the Indian arm, overseeing financial steering, governance and technology transformation at a time when the group is reworking internal processes and tightening operational discipline.
The company manages six brands in India: Skoda, Volkswagen, Audi, Bentley, Lamborghini and Porsche and operates manufacturing plants in Pune and Chhatrapati Sambhajinagar.
Škoda Auto board member for finance, IT and legal affairs Holger Peters, said Selot’s appointment comes at a pivotal moment, with India now the company’s most important market outside Europe. Strengthening financial controls, improving governance and building long-term resilience are central to the group’s strategy, he added.
Skoda Auto Volkswagen India managing director and CEO Piyush Arora, said the group is entering a new phase driven by productivity gains and a stronger local-for-local approach. Robust financial planning and agile IT systems, he said, will be critical to sustaining momentum.
Selot brings 35 years of leadership experience across industrial, consumer and energy businesses. He has previously held senior roles at JCB India, Compass Group India, Shell and Mars Wrigley.
He holds an ACMA from the Institute of Cost & Management Accountants of India, an MBA in finance from the Institute of Management Technology, Ghaziabad, and an ACS from the Institute of Company Secretaries of India.
