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Myntra gets $103 million from Singapore-based parent entity
short by Aishwarya Awasthi / on Saturday, 10 October, 2020
Flipkart-owned fashion retailer Myntra has received $103 million from its Singapore-based parent entity, FK Myntra Holdings. Myntra Jabong India has issued shares to FK Myntra Holdings and QuickRoutes International, filings sourced from Tofler showed. Earlier in August, it was reported Myntra had bought out Deepika Padukone's stake in the co-owned brand 'All About You' for an undisclosed amount.
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