Flipkart invests $35 million in Indian fashion brand to target youth

Flipkart, which competes with Amazon in India, is doubling down on an area where it has established a clear lead: Fashion. On Thursday, the Flipkart Group announced it had invested $35 million in Arvind Fashions for a significant minority stake in one of the decades-old Indian firm’s subsidiaries as the Walmart -owned firm looks to … Continue reading Flipkart invests $35 million in Indian fashion brand to target youth