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Virtuous Retail South Asia raises US $175 million new equity from APG and Xander expand their year-old joint venture

Virtuous Retail South Asia Pte. Ltd. announced that it had raised US $175 million of additional equity from APG Asset Management, one of the founding shareholders of the company. The new equity raise augments the existing growth capital commitment...
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Indian burgeoning e-commerce lowers discounts, focuses on profits, as funding declines

Two-day Phygital Retail Convention deliberates declining consumption disparity New Delhi: Indian e-commerce market is on the rise, but funding from...
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