Filings: Walmart-backed Flipkart’s invested $116M in Indian fashion retailer Myntra, part of the $800M Flipkart invested in other businesses in March (Pranav Balakrishnan/The Economic Times)

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Pranav Balakrishnan / The Economic Times:

Filings: Walmart-backed Flipkart’s invested $116M in Indian fashion retailer Myntra, part of the $800M Flipkart invested in other businesses in March  —  The new investment comes as Myntra faces new challenges, with Reliance’s Ajio emerging as a significant second player in the market.

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