Sr Manager

15 hours ago


Gurgaon, Haryana, India Limeroad Full time

LimeRoad's charter is to create clutter breaking leadership within the value/masstige segment of the Indian fashion space. The Company has served 17m buyers online - which is illustratively >10% of the buyers served by Reliance across all its categories online and offline across all segments.   The value segment defined as mass (₹0-₹299) plus masstige (₹300-₹899) accounts for 77% of lifestyle retail, and is the fastest growing segment in India, with online expected to grow 5x over the next 5 years. LimeRoad's core promise is to deliver freshness of styles-meets-quality-meets-value to the young and young families in Tier 2/3 cities. Offline, players like Trent ($6bn+ listed entity), ABFRL's Pantaloons and Reliance Trendz (unlisted) play in this value/masstige segment. Only 8% of this segment is online, whereas 25%. of the Indian premium segment is already online. Online players Nykaa, Myntra and Ajio focus on premium (>₹1200 asp), while Flipkart and Meesho fight it out in the lowest mass segments



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