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BEACH TIME 🏖️
India’s Reliance to buy majority stake in Google-backed Fynd for $42.3M
India’s Reliance to buy majority stake in Google-backed Fynd for $42.3M
Indian conglomerate Reliance Industries is acquiring 87.6% stake in Fynd, a seven-year-old Mumbai-based startup that connects brick and mortar retailers with online stores and consumers, for 2.95 billion Indian rupees ($42.33 million), the two said in a brief statement late Saturday.
Fynd, which was founded in 2012, helps offline retailers sell their products to consumers directly through its…
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