Flipkart invests â¹414 crore in fashion retailer Myntra
Flipkart's Singapore-based subsidiary FK Myntra Holdings has invested â¹414 crore in fashion marketplace Myntra Design, according to filings. This comes after the e-commerce giant recently infused â¹1,147.5 crore in its online fashion retailer Myntra Jabong Private Limited. Earlier, Flipkart's Singapore entity invested about â¹4,472 crore in its wholesale arm 'Flipkart India Private Limited'.