Myntra scales AI across ops as Naturis raises Rs 100 Cr and Raptee.HV opens Bengaluru EV centre

India retail roundup: Myntra expands AI across customer and seller operations (90% MAU reach); beauty CDMO Naturis Cosmetics raises Rs 100 crore; Raptee.HV opens a Bengaluru EV experience centre; Zithara.AI partners jewelry brand Palmonas for offline retail CRM.

— Source publishedFri, 17 Jul, 2026, 18:55 IST·First seen Fri, 17 Jul, 2026, 19:03 IST·Source YourStory · Capital

What happened

Roundup with multiple India retail items: Naturis Cosmetics beauty CDMO raises Rs 100 Cr; Myntra expands AI across customer/seller ops; Raptee.HV opens

Key facts

  • Rs 100 crore
  • 15 days to under 2 days
  • 90% MAU

Why this matters

Fragmented activity across AI ops, beauty CDMO, EV retail, and jewelry CRM points to partnership and roll-up opportunities in India's omni-channel enablement stack.

What to watch

  • Myntra disclosing AI-driven conversion or margin uplift figures, not just MAU reach
  • Naturis client roster and utilization rate post-raise
  • New offline-CRM partnership announcements from Zithara.AI or rivals
  • EV two-wheeler retail footfall/conversion or financing scheme launches
  • Competitor AI feature launches or funding in beauty CDMO space
  • Myntra to monetize AI via seller SaaS/ad tooling and quantify GMV lift beyond reach metrics
  • Naturis to sign anchor D2C brand clients and expand plant capacity within 2-3 quarters
  • Zithara.AI to pursue additional jewelry/fashion offline-CRM logos using Palmonas as proof point
  • Competitors (Nykaa, Ajio, Flipkart) to publicize GenAI feature parity announcements
  • Raptee.HV to expand experience centres to tier-1 metros contingent on Bengaluru conversion data