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November 9, 2012 12:30 am GMT
Myntra, one of India's largest ecommerce players for fashion, has acquired Exclusively.In, a members-only niche flash sales site for fashion, jewelry and home decor from Indian artisans and designers. Financial terms of the deal, which consists of cash and equity, were not disclosed. Exclusively.In had raised $18.6 million in funding from Tiger Global Management, Accel Partners India, Helion Venture Partners and others.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/LLkQBI1uLAA/
Indian E-commerce Company Myntra Acquires The Gilt For Indian Fashion, Exclusively.In
Myntra, one of India's largest ecommerce players for fashion, has acquired Exclusively.In, a members-only niche flash sales site for fashion, jewelry and home decor from Indian artisans and designers. Financial terms of the deal, which consists of cash and equity, were not disclosed. Exclusively.In had raised $18.6 million in funding from Tiger Global Management, Accel Partners India, Helion Venture Partners and others.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/LLkQBI1uLAA/
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