News > Flipkart invests $116 million in fashion retailer Myntra

Flipkart invests $116 million in fashion retailer Myntra

14/04/2022 10:47 PM | Click to read full article

After investing close to $700 million in Flipkart's marketplace and new healthcare vertical, the Indian eCommerce company's Singapore entity has invested $116 million in fashion retailer Myntra. The investment was made on March 25, just before the financial year ended.

This takes Flipkart’s investment in its various businesses in March to more than $800 million.