Myntra Gets $81 Mn Infusion From Parent

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SUMMARY

Myntra has reportedly received an infusion of $81 Mn (around INR 709 Cr) from its parent entity Flipkart

According to an ET report, this was an internal cash transfer recorded in November 2024

This follows Flipkart’s reported infusion of $339 Mn into Myntra in March last year

Fashion ecommerce major Myntra has reportedly received an infusion of $81 Mn (around INR 709 Cr) from its parent entity Flipkart.

According to an ET report, this was an internal cash transfer recorded in November 2024.

This follows Flipkart’s…



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Myntra Gets $81 Mn Infusion From Parent


SUMMARY

Myntra has reportedly received an infusion of $81 Mn (around INR 709 Cr) from its parent entity Flipkart

According to an ET report, this was an internal cash transfer recorded in November 2024

This follows Flipkart’s reported infusion of $339 Mn into Myntra in March last year

Fashion ecommerce major Myntra has reportedly received an infusion of $81 Mn (around INR 709 Cr) from its parent entity Flipkart.

According to an ET report, this was an internal cash transfer recorded in November 2024.

This follows Flipkart’s…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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