<ul><li><keyword id="6354742" type="COMPANY" weightage="20" keywordseo="Flipkart">Flipkart</keyword> has made a strategic investment in USPL – the fashion house which has brands like <keyword id="6354486" type="UNKNOWN" weightage="20" keywordseo="virat-kohli">Virat Kohli</keyword>'s Wrogn and <keyword id="210696" type="PERSON" weightage="20" keywordseo="Kriti-Sanon">Kriti Sanon</keyword>'s Ms Taken.</li><li>Founded in 2012 by Anjana Reddy, USPL has over 750 offline retail outlets in 100 cities across India.</li><li>The latest investment comes after Flipkart had earlier bought stakes in Aditya Birla Fashion Retail and Arvind Fashions.</li></ul>Indian e-commerce giant Flipkart has made a strategic investment in USPL – the fashion house which has brands like Virat Kohli's Wrogn and Kriti Sanon's Ms Taken. The series F funding round for USPL will see Flipkart help strengthen the online strategy of the company. “This investment will help USPL and the Flipkart Group find deeper synergies as we continue on our commitment to grow an ecosystem of partnerships that deliver value for consumers and brands,” said Kalyan Krishnamurthy, CEO, Flipkart Group. Founded in 2012 by Anjana Reddy, USPL has over 750 offline retail outlets in 100 cities across India. “Post pandemic recovery has been great for us and we are at 80% of pre-COVID sales. During the time when the world is moving towards omni-channel retailing, we can significantly strengthen our online strategy by working with Flipkart and Myntra, the two prominent players in the Indian online fashion space,” said Reddy in a statement. Flipkart’s rapid investment strategy Meanwhile, at Flipkart, the e-commerce giant has been strengthening its position in the fashion e-retail space by investing in major companies. Here are the investments made by Flipkart recently <table style="border-width: initial; border-style: none; width: 468pt; table-layout: fixed;"><colgroup></colgroup><col /><col /><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Company </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Investment by Flipkart </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Aditya Birla Fashion Retail Limited </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹1,500 crore </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Arvind Fashions </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹260 crore </td></tr></tbody></table> Flipkart had also recently <a href="https://www.businessinsider.in/business/ecommerce/news/flipkart-acquires-gaming-startup-mech-mocha-as-it-looks-to-tap-the-social-gaming-space-for-more-consumers/articleshow/79014466.cms">acquired social gaming platform MechMocha</a> to boost its gaming strategy and bring about new customer additions. SEE ALSO: <a href="https://www.businessinsider.in/business/startups/news/mitron-tv-secures-its-third-funding-since-its-launch-six-months-ago-as-it-builds-on-its-atmanirbhar-strategy/articleshow/79056915.cms">Mitron TV secures its third funding since its launch six months ago as it builds on its Atmanirbhar strategy</a>

Flipkart makes its third fashion investment in five months — bets on USPL that houses brands like Virat Kohli's Wrogn and Kriti Sanon's Ms Taken

<img class="gwt-Image" src="/photo/47442077.cms" /> Touted as Cricket’s bad boy, <keyword id="6354486" type="PERSON" weightage="80" keywordseo="Virat-Kohli">Virat Kohli</keyword> is on an all time high. The Captain of India’s Test team is seen as a worthy successor to Dhoni across all formats. 
 
The 26 years old is fast stepping up the ladder to the Rs.100 Crore club, reserved for only two cricketers - Sachin Tendulkar and Mahendra Singh Dhoni. 
 
Here’s a peek into how Cricket’s Next Big Thing earns and expends his cash. 
 
(Image credit: Cricketcountry)

How
Virat Kohli makes and spends his money

<img class="gwt-Image" src="/photo/46311576.cms" /> 
 It sure is proving to be a good year for <keyword id="6354486" type="PERSON" weightage="100" keywordseo="Virat-Kohli">Virat Kohli</keyword>, the young gun of Indian cricket. First, he became the first cricketer to have 5 million followers on Twitter, and then he was named the captain of the Test Cricket team after Dhoni’s sudden retirement. 
 What his good luck does to him in the ongoing cricket World Cup is yet to be seen, but on a different front, Kohli has launched <keyword id="2606212" type="UNKNOWN" weightage="100" keywordseo="Wrogn">WROGN</keyword>, his breakaway fashion brand, exclusively at Myntra. 
 
He posted a video on his social networks announcing the same. Take a look at the video <a href="https://www.facebook.com/video.php?v=797765690310536&amp;set=vb.326546224099154&amp;type=2&amp;theater">here</a>. 
 
The collection has been launched in collaboration with Universal Sportsbiz Pvt Ltd, and you can have a look at the collection <a href="myntra.com/wrogn">here</a>. 
 
Image courtesy EconomicTimes

WROGN, Virat Kohli’s clothing line gets launched at Myntra

<img class="gwt-Image" src="/photo/53156239.cms" /> 
Widely touted as one of the greatest sportsmen of the 21st century, <a href="http://www.businessinsider.in/searchresult.cms?query=Virat+Kohli&amp;sortorder=effectivedate">Virat Kohli</a> has amazed <keyword id="1521" type="CITY" weightage="60" keywordseo="Cricket">cricket</keyword> fans across the globe. His evolution from a temperamental youngster to a star in the making has left a mark on the cricket field and beyond. 
 
However, while <a href="http://www.businessinsider.in/searchresult.cms?query=Virat+Kohli&amp;sortorder=effectivedate">Kohli</a> is best known for his on-field tactics, he is linked to startups and <keyword id="107737" type="ORGANIZATION" weightage="80" keywordseo="Entrepreneurship">entrepreneurship</keyword> as well. The 27-year-old has his own <a href="http://www.businessinsider.in/searchresult.cms?query=fashion+e-commerce&amp;sortorder=effectivedate">fashion e-commerce</a> startup <a href="http://www.wrogn.in/" target="_blank">Wrogn</a> and fitness center chain <a href="http://chisel.co.in/" target="_blank">Chisel</a>. He has invested into football and tennis, and engages with his fans online and offline via <a href="http://viratfanbox.com/" target="_blank">Fanbox</a>. 
 
In case you’re wondering how serious he really is, <a href="http://timesofindia.indiatimes.com/business/india-business/Virat-Kohli-to-invest-Rs-90cr-set-up-chain-of-gyms/articleshow/46994068.cms" target="_blank">reports</a> suggest Kohli is set to invest 90 crore to set up a chain of gyms and <a href="http://www.businessinsider.in/searchresult.cms?query=fitness+centres&amp;sortorder=effectivedate">fitness centres</a>, and that’s just the beginning. 
 
Here’s a look at the young cricketer’s investments. 
 
<a href="https://41dcdfcd4dea0e5aba20-931851ca4d0d7cdafe33022cf8264a37.ssl.cf1.rackcdn.com/10070634_virat-kohli-dons-new-avatar-as-entrepreneur_57a8c0cc_m.jpg?bg=A9BAC6">Image Source</a>

Virat Kohli – The Entrepreneur

<img class="gwt-Image" src="/photo/46999275.cms" /> Indian cricketers are talking business like never before. While the earlier sport stars were happy endorsing a brand or start up a restaurant, the new breed of young cricketers are investing and opening their own startup companies. Early this month, we have reported on <keyword id="351" type="PERSON" weightage="60" keywordseo="Yuvraj-Singh">Yuvraj Singh</keyword>’s decision to become an investor to encourage young entrepreneurs and now we have seasoned cricketer <keyword id="6354486" type="PERSON" weightage="60" keywordseo="Virat-Kohli">Virat Kohli</keyword> starting his own chain of gyms and fitness centres. 
 
Virat Kohli has also started his apparel brand Wrogn , which is being sold exclusively on Myntra.com. 
 As per a news report by The Economic Times, one of Kohli's partners in the venture, Satya Sinha, said the total investment to launch 75 centers in three years is around Rs 190 crores. The gyms will be launched under the brand name Chisel. The brand is jointly owned by Kohli, Chisel Fitness and CSE, the sister concern of <keyword id="979436" type="UNKNOWN" weightage="60" keywordseo="Cornerstone-Sport-Entertainment">Cornerstone Sport &amp; Entertainment</keyword>, which is the agency that manages Kohli. "We will launch gyms of various sizes and with different facilities according to their locations. We are also in talks with international sports-based fitness experts to bring in their expertise," Sinha, director of Chisel Fitness, a Bangalore-based startup that specializes in corporate fitness told the ET. 
 
"The gyms are just a start. There are plans on the anvil to launch fitness inspired clothing lines and tech wearables in the future," Gaurav Marya, chairman of Franchise India, which is a commercial and marketing partner in this venture told the financial daily. 
 
The country's fitness industry comprising branded fitness chains and standalone gyms is pegged at around Rs 1,300 crore. 
 Earlier, Kohli had a minority stake valued at under Rs 1 crore a year in the FC Goa franchise where he was the co-owner. The right-hander had been mulling a foray into business ventures for a while now and the move comes after Indian ODI skipper M S Dhoni launched his line of gyms, SportsFit and <keyword id="2817820" type="POSITION" weightage="60" keywordseo="Delhi-Daredevils-player">Delhi Daredevils player</keyword> Yuvraj Singh invested an undisclosed amount as seed funding in a mobile phone-based beauty and wellness startup Vyomo. Even <keyword id="6405247" type="PERSON" weightage="60" keywordseo="Robin-Uthappa">Robin Uthappa</keyword> has co-founded a food startup iTiffin. 
 
(Image: India Times)

Now you too can take fitness tips from Virat Kohli

<ul><li>The three-year old <keyword id="8391587" type="UNKNOWN" weightage="20" keywordseo="scapic">Scapic</keyword> is a cloud-based platform which offers creation and publishing of Augmented Reality (AR) and 3D content.</li><li>Scapic’s team will join <keyword id="6354742" type="COMPANY" weightage="20" keywordseo="Flipkart">Flipkart</keyword> and will help the e-commerce giant build deeper camera experiences, virtual storefronts and bring new opportunities for brand advertising on its platform.</li><li>Flipkart’s acquisition of Scapic joins its long list of recent acquisitions and investments as the company scales up operations while competition rises from the likes of Amazon and JioMart.</li></ul>Indian e-commerce giant Flipkart continues with its acquisition spree. The company has picked up a 100% stake in Augmented Reality company Scapic. The three-year old Scapic is a cloud-based platform that offers creation and publishing of Augmented Reality (AR) and 3D content. The company has clients across e-commerce and marketing. The startup had also recently won in the Industry 4.0 – AR category, during the National Startup Awards 2020. Founded by Sai Krishna V K &amp; Ajay P V, the Bengaluru-based company had earlier raised funding from Axilor, Speciale Invest, and Newfort Capital. “Today, we buy more online than we ever have, and it has only accelerated this year. Customers now require better visuals than ever before. Scapic is building visual technology that brings products to life using Augmented Reality and 3D. Advancements by the Scapic team in the field of AI, Computer Vision and AR have made this change possible,” said the founders in a statement. With the acquisition, Scapic’s team will join Flipkart and will help the e-commerce giant build deeper camera experiences, virtual storefronts and bring new opportunities for brand advertising on its platform. “As we make investments that focus on developing and nurturing the retail ecosystem, we are also committed to making our platform easier to navigate and richer for consumers in terms of content and experience. I welcome the Scapic team to Flipkart as we continue our efforts to provide deeper value to our customers,” said Flipkart CEO Kalyan Krishnamurthy in a statement. Flipkart’s acquisition of Scapic joins its long list of recent acquisitions and investments as the company scales up operations while competition rises from the likes of Amazon and JioMart. Flipkart is also doubling down on user experience on the platform. With its acquisition of social gaming startup <a href="https://www.businessinsider.in/business/ecommerce/news/flipkart-acquires-gaming-startup-mech-mocha-as-it-looks-to-tap-the-social-gaming-space-for-more-consumers/articleshow/79014466.cms">Mech Mocha</a> recently, the e-commerce platform was looking at ways to develop new and innovative formats to engage with users on its platform. Flipkart is on an investment spree <table style="border-width: initial; border-style: none; width: 468pt; table-layout: fixed;"><colgroup></colgroup><col /><col /><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Acquisitions by Flipkart </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Investment by Flipkart </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Mech Mocha </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Aditya Birla Fashion Retail Limited- ₹1,500 crore </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Walmart’s B2B business </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Arvind Fashions - ₹260 crore </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;"> </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">USPL - undisclosed amount </td></tr></tbody></table> SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/makemytrip-shares-soar-as-covid-vaccine-progress-from-moderna-and-pfizer-spark-optimism-of-faster-travel-recovery/articleshow/79255315.cms">MakeMyTrip shares soar as COVID vaccine progress from Moderna and Pfizer spark optimism of faster travel recovery</a> <a href="https://www.businessinsider.in/business/ecommerce/news/flipkart-invests-in-uspl-fashion-house-that-has-brands-like-virat-kohli-wrogn-and-kriti-sanon-ms-taken/articleshow/79058747.cms">Flipkart makes its third fashion investment in five months — bets on USPL that houses brands like Virat Kohli's Wrogn and Kriti Sanon's Ms Taken</a> <a href="https://www.businessinsider.in/business/ecommerce/news/flipkart-acquires-gaming-startup-mech-mocha-as-it-looks-to-tap-the-social-gaming-space-for-more-consumers/articleshow/79014466.cms">Flipkart acquires gaming startup Mech Mocha as it looks to tap the social gaming space for more consumers</a>

Flipkart makes yet another acquisition – buys 100% stake in Augmented Reality startup Scapic

<ul><li><keyword id="80487" type="COMPANY" weightage="20" keywordseo="walmart">Walmart</keyword> is planning a $10 billion <keyword id="3123061" type="PERSON" weightage="20" keywordseo="Flipkart-IPO">Flipkart IPO</keyword>, valuing the Indian e-commerce giant at $40 billion.</li><li>At this valuation, Walmart’s investment in the Indian e-commerce giant would nearly double since it acquired Flipkart in 2018 for $16 billion.</li><li>Walmart has roped in investment bank Goldman Sachs to explore the Flipkart IPO plan, according to a Mint report.</li><li>Earlier in July this year, <a href="https://www.businessinsider.in/business/ecommerce/news/walmart-powers-flipkart-with-more-capital-to-battle-google-facebook-and-amazon/articleshow/76960607.cms">Flipkart raised $1.2 billion</a> in a fresh round of funding, valuing the company at $24.9 billion. This round was led by Walmart.</li><li><a href="https://www.businessinsider.in/">Check out the latest news and updates on Business Insider.</a></li></ul>The much-anticipated Flipkart IPO (initial public offering) could soon be a reality. US retail player Walmart is reportedly gearing up to float a $10 billion Flipkart IPO in the US, divesting up to 25% of the stake in the Indian e-commerce player. According to a Mint <a href="https://www.livemint.com/market/ipo/walmart-readies-for-10-bn-flipkart-ipo-11607300769974.html">report</a>, Walmart has roped in investment bank Goldman Sachs to explore the Flipkart IPO plan. Business Insider has reached out to Flipkart for a statement and is awaiting a response. A $10 billion IPO would value Flipkart at $40 billion. This is 20% lower than the $50 billion valuation that was expected <a href="https://www.businessinsider.in/retail/news/walmart-owned-flipkart-the-indian-e-commerce-giant-is-reportedly-eyeing-a-2021-overseas-listing-and-hoping-for-a-50-billion-valuation/articleshow/78151697.cms">earlier in September</a>. However, at a valuation of $40 billion, Walmart’s investment would nearly double – it acquired Flipkart in 2018 at $16 billion for a 77% stake. At the time of its acquisition, Walmart pledged to take Flipkart public within four years. <div type="image" title="Flipkart valuation history" msid="79602375" hostid="261" caption="&amp;lt;p&amp;gt;Flipkart valuation history from 2009 to December 2020.&amp;lt;/p&amp;gt;&amp;lt;p&amp;gt;*based on reports of Flipkart IPO estimated the value of the company at $40 billion&amp;lt;/p&amp;gt;"></div> Note: December 2020 valuation is based on reports of Flipkart IPO. At the moment, Walmart’s stake in Flipkart stands at 82.3%, with Tiger Global, Tencent, Accel Partners, and Microsoft being the other key investors. Earlier in July this year, <a href="https://www.businessinsider.in/business/ecommerce/news/walmart-powers-flipkart-with-more-capital-to-battle-google-facebook-and-amazon/articleshow/76960607.cms">Flipkart raised $1.2 billion</a> in a fresh round of funding, valuing the company at $24.9 billion. This round was led by Walmart. Flipkart going public will allow minority shareholders to pare their investments or make an exit. <div type="Article" hostid="261" msid="79544185" title="PhonePe raises $700 million at a $5.5 billion valuation, will operate as a separate entity" mstype="2" mssubtype="0"></div> Riding the Indian e-commerce boon Walmart’s plans to take Flipkart public could have been bolstered by the surge in e-commerce sales since the COVID-19 pandemic broke out. The massive surge in e-commerce sales is corroborated by Flipkart’s own statistics - the e-commerce giant <a href="https://www.businessinsider.in/business/ecommerce/news/flipkart-big-billion-sale-report-over-100-orders-per-second-10-million-products-delivered-already/articleshow/78790627.cms">witnessed a ten-fold increase</a> in its shipments during its festival sale this year. On an acquisition spree In addition to witnessing a massive surge in orders this year, Flipkart is also on an acquisition spree. From augmented reality startups to fashion companies, the e-commerce giant has been busy this year. After acquiring Walmart’s India operations this year, Flipkart also dabbled in the social gaming and augmented reality spaces with the acquisitions of <a href="https://www.businessinsider.in/business/ecommerce/news/flipkart-acquires-gaming-startup-mech-mocha-as-it-looks-to-tap-the-social-gaming-space-for-more-consumers/articleshow/79014466.cms">Mech Mocha</a> and <a href="https://www.businessinsider.in/business/ecommerce/news/flipkart-buys-ar-firm-scapic-to-boost-its-user-experience/articleshow/79256274.cms">Scapic</a>. It has also made a <a href="https://www.businessinsider.in/business/ecommerce/news/flipkart-invests-in-uspl-fashion-house-that-has-brands-like-virat-kohli-wrogn-and-kriti-sanon-ms-taken/articleshow/79058747.cms">few investments in the fashion space</a>, including USPL which houses Virat Kohli’s Wrogn. It has also invested in Aditya Birla Fashion Retail and Arvind Fashions. Flipkart is also expanding its partnerships with kiranas (the Hindi word for mom and pop stores), which delivered over 3.5 million orders during the Big Billion Days sale this year. SEE ALSO: <a href="https://www.businessinsider.in/business/ecommerce/news/flipkart-big-billion-sale-report-over-100-orders-per-second-10-million-products-delivered-already/articleshow/78790627.cms">Flipkart Big Billion sale report - over 100 orders per second, 10 million products delivered already</a> <a href="https://www.businessinsider.in/business/ecommerce/news/walmart-powers-flipkart-with-more-capital-to-battle-google-facebook-and-amazon/articleshow/76960607.cms">Walmart powers Flipkart with an additional $1.2 billion⁠ to help e-tailer battle Google, Facebook, and Amazon</a> <a href="https://www.businessinsider.in/business/startups/news/phonepe-700-million-5-5-billion-valuation-flipkart-separate-entity/articleshow/79544185.cms">PhonePe raises $700 million at a $5.5 billion valuation, will operate as a separate entity</a>

Flipkart’s reported $10 billion IPO plan will mean Walmart’s investment in the Indian e-commerce giant will double within 3 years

<ul><li>Premji Foundation, <keyword id="6364080" type="PERSON" weightage="20" keywordseo="binny-bansal">Binny Bansal</keyword> along with SIDBI have led an investment of ₹960 crore in venture debt fund <keyword id="4844054" type="PERSON" weightage="20" keywordseo="Alteria-Capital">Alteria Capital</keyword>. </li><li>This makes Alteria Capital the largest venture debt fund in India. </li><li>Alteria invested in <keyword id="6362513" type="UNKNOWN" weightage="20" keywordseo="startups">startups</keyword> like Dunzo, Vogo, Stanza Living, toppr among others.</li></ul>Former Wipro Chairman <keyword id="6419840" type="UNKNOWN" weightage="20" keywordseo="Azim-Premji">Azim Premji</keyword>’s Premji Foundation, Flipkart co-founder Binny Bansal along with SIDBI,invested ₹960 crore in the venture debt fund, <a href="https://timesofindia.indiatimes.com/business/india-business/premjis-ngo-bansal-put-rs-960cr-in-venture-debt-co/articleshow/70424468.cms">Alteria Capital</a>. This investment has made Alteria Capital the biggest venture debt fund in the country. According to reports, it is also SIDBI’s single largest investment, as the government nodal agency pumped in as much as ₹160 crore. Alteria Capital was founded by Ajay Hattangdi and Vinod Murali who had earlier led Innoven Capital. The firm has so far invested in hyperlocal delivery startup Dunzo, electric bike startup Vogo, student accommodation startup Stanza Living among others. The firm also placed its bets on cricketer Virat Kohli’s apparel brand Wrogn. Meanwhile, ace entrepreneur and investor Binny Bansal has been on an investment spree. In July, he invested in fashion designer Masaba Gupta’s brand. In June, Bansal sold some of his shares in Flipkart for $76.4 million, according to filings sourced by paper.vc. That leaves him with a residual share of 3.52% in the company he co-founded. He made personal investments too, like in insurtech startup Acko and legal startup Spotdraft amongst others. Interestingly, earlier Bansal for his own fund had raised money from his co-investor in the round for Alteria Capital – Premji Foundation. Bansal formed 021 Capital with his financial adviser Sailesh Tulshan for which he had raised $32 million from Premji Foundation and a few former Flipkart colleagues.

You Searched For "virat kohli wrogn" and got 8 results

Flipkart makes its third fashion investment in five months — bets on USPL that houses brands like Virat Kohli's Wrogn and Kriti Sanon's Ms Taken

Sanchita Dash

How Virat Kohli makes and spends his money

Saikat Pyne

WROGN, Virat Kohli’s clothing line gets launched at Myntra

Nandini Sharma

Virat Kohli – The Entrepreneur

Saikat Pyne

Now you too can take fitness tips from Virat Kohli

BI India Bureau

Flipkart makes yet another acquisition – buys 100% stake in Augmented Reality startup Scapic

Sanchita Dash

Flipkart’s reported $10 billion IPO plan will mean Walmart’s investment in the Indian e-commerce giant will double within 3 years

Rounak Jain

Azim Premji, Binny Bansal join government’s startup fund to invest in Alteria Capital

Sanchita Dash