Flipkart-owned Myntra goes shopping for Jabong; Khaitan, BMR on $70 million deal

Bar & Bench July 26 2016

Indian e-commerce giant Flipkart has acquired another fashion retail website, beating competitors Snapdeal to the chase. Myntra, owned by Flipkart, has acquired Jabong for $70 million from the Global Fashion Group.

Khaitan & Co acted for Flipkart, through a team led by Partner Ganesh Prasad and including Senior Associate Rohith Rajendran and Associate H Muralikrishnan.

BMR Legal represented Global Fashion Group, which previously owned Jabong. The team was led by Partner Amit Khansaheb and . . .

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