Flipkart-owned fashion retailer Myntra's losses have reduced by 25% to ₹655 crore in the fiscal year 2017 as compared to ₹823 crore in the previous financial year. Myntra also posted a total revenue of ₹2,000 crore in the same fiscal. Flipkart, which was recently acquired by US-based Walmart, bought Myntra in 2014.