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Apparel

Fashionandyou.com acquires Urbantouch.com

Fashionandyou.com, the online fashion and lifestyle e-commerce company has acquired Urbantouch.com in a cash plus stock deal valued at approximately $30 million (Rs 166 crores). Abhishek Goyal, who started UrbanTouch.com in January 2011, will now join Fashionandyou.com as the new CEO and the existing shareholders of Urbantouch.com will exit the...

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