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Reliance Industries invests ₹50 crore in e-commerce platform Fynd
short by Kanishka Pandey / on Tuesday, 1 October, 2019
Mukesh Ambani-led Reliance Industries Limited (RIL) has invested ₹50 crore in fashion e-commerce platform Fynd, as per regulatory filings accessed by Entrackr. RIL had agreed to acquire an 87.6% stake in Google-backed Fynd in March for about ₹295 crore. Reliance had then said it has an option to invest up to ₹100 crore by December 2021 in Fynd.
read more at Entrackr