Apparel
Myntra overlooks Flipkart offer, opts to raise funds
While the e-tailing industry was expecting the emergence of a strong leader if the merger deal between Flipkart and Myntra got through, the latter has opted out. Rather it is said to be going for a fund raising deal with PremjiInvest. Led by Wipro boss Azim Premji, PremjiInvest will pump in about 50 million dollars (over Rs 3,000 crores) in the...
loading...
