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Flipkart bolsters fashion portfolio, makes strategic investment in USPL

The Walmart-owned firm is exploring strategic funding in multiple online-offline retailers and technology companies quite like rivals Amazon and Reliance JioMart

Flipkart
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This is a Series F funding for USPL from the Flipkart Group along with participation from existing investor Accel Partners

Peerzada Abrar Bengaluru
Flipkart Group has made a strategic investment in USPL, a premium youth-focused fashion brand house, as the e-commerce firm strengthens its fashion portfolio. Through this investment, the Flipkart Group will work closely with the USPL team to deepen product offerings on its platforms.

This is a Series F funding for USPL from the Flipkart Group along with participation from existing investor Accel Partners. However, the companies did not reveal the financial details of the transaction.
 
“It is our constant endeavour to offer our customers a wide range of products that meet their sensibilities. USPL’s unique brands, backed by celebrity endorsements,

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