Friday, 24 March, 2023

Flipkart invests $116M in fashion retailer Myntra

<p>Flipkart&#39;s Singapore arm has invested $116M&nbsp;in apparel retailer Myntra, after investing almost $700M&nbsp;in the&nbsp;firm&#39;s marketplace and new healthcare segment. The investment was made on March 25, shortly before the end of the fiscal year. Flipkart has now invested more over $800M&nbsp;in its different companies since March. It has put $143M&nbsp;into its new healthcare venture and introduced a second app for the healthcare industry named Flipkart Health+ on April 6.<br /> &nbsp;</p>