in

Reliance to buy a majority stake in Google-backed Fynd

  • Reliance has now confirmed that is now going to acquire aa majority off the stake in the online fashion marketplace Fynd.
  • Reliance Industrial Investments and Holdings, which is a subsidiary of Reliance Industries has entered into an agreement with the Google-backed fashion marketplace to acquire an 87% stake, according to the report.
  • The company will acquire the stake with a cash investment of $41.8 Million in Shopsense retail Technologies, according to the report.

What do you think?

0 points
Upvote Downvote

Leave a Reply

Your email address will not be published. Required fields are marked *

Comment moderation is enabled. Your comment may take some time to appear.

Razorpay acquires fraud prevention startup Third watch

CynLr raises seed funding