Flipkart to invest $204 million in Aditya Birla Fashion and Retail Ltd.

Walmart backed the Indian e-commerce platform, Flipkart is set to pour $204 million i.e. 15 billion INR in Aditya Birla Fashion and Retail Ltd. It wants to be a part of the world’s fastest-growing retail market. Kumar Mangalam Birla said in an exchange filing, this Friday, that his business authority is giving a 7.5% stake … Continue reading Flipkart to invest $204 million in Aditya Birla Fashion and Retail Ltd.