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Excl: Fashion house Kimaya to invest Rs 30Cr in e-commerce foray

Wednesday, October 10, 2012 | More »

Mumbai-based multi designer fashion house Kimaya has earmarked Rs 30 crore (about $6 million) for an aggressive e-commerce foray. Company sources said the funds for the e-com foray will be drawn from the $11.3M (Rs 60 crore) it raised from private equity firm Franklin Templeton Investments. Kimaya w...