Myntra gets Rs 1,171 crore fund boost from Flipkart

Myntra has just been given a large injection of funds by its parent company Flipkart. As per reports, Flipkart has directed a large amount of money to its fashion arm, Myntra. The sum of approximately Rs 1,171 crore was sent through a subsidiary of Flipkart’s that is based in Singapore called FK Myntra.