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Flipkart Group invests in youth-focused fashion brand USPL

The Flipkart Group on Thursday announced a strategic investment in Universal Sportsbiz Pvt Ltd (USPL), a youth-focused fashion brand house. This is a Series F funding for USPL from the Flipkart Group along with participation from existing investor Accel Partners. This...

Universal Sportsbiz raises Rs 1 bn in funding, valuation zooms to Rs 12 bn

Universal Sportsbiz, the celebrity-led fashion retailer, said Thursday it has raised US$13.5 million (around Rs 1 billion) from its existing investors, valuing the company at around Rs 12 billion.According to a PTI report: Post funding, the valuation of the...

The Arrival of Indian Celebrity Fashion Brands

Famed Italian fashion designer Miuccia Prada once said, “Fashion is instant language”. Well, who else can talk fashion better than the celebrities do? Forever in public glare, celebs are considered the perennial style icons. Like us mortals, they just...

Bollywood tie-ups: A lucrative e-commerce formula

Bollywood plays a big role in influencing youth and, keeping this in mind, the trend of e-commerce websites associating with films and film celebrities has of late gone to the next level. This partnership boosts customer footfalls and adds...

USPL raises Rs 100 crore, crosses US $100 million valuation

Fashion start-up Universal Sportsbiz Pvt. Ltd (USPL) has raised a fresh round of investment of over Rs 100 crore from existing investor Accel Partners. With this round of funding, the valuation of Universal Sportsbiz Pvt. Ltd has crossed US $100...

Hrithik Roshan launches his sports and lifestyle brand HRX on Jabong

Indian e-commerce player Jabong has announced the launch of sports and lifestyle brand HRX by Bollywood actor Hrithik Roshan on its platform. The launch of HRX is one of its 35 brands being launched on Jabong in March 2017. After...

Tendulkar-backed USPL to launch women's wear

Former Indian cricketer Sachin Tendulkar-backed fashion line company Universal Sportsbiz is targeting aggressive growth with the launch of its third brand. According to a PTI report: The brand, Ms Taken, is the company's foray into the estimated Rs 19,000 crore...
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