![Aditya Birla Fashion to acquire Bewakoof for ₹200 cr](https://images.assettype.com/fortuneindia%2F2022-08%2F4fb44ecd-fda1-4d72-9778-00e7501c7c76%2FBusiness_Deal.jpg?rect=0,61,2017,1009&w=300&q=95)
Aditya Birla Fashion to acquire Bewakoof for ₹200 cr
Aditya Birla Group subsidiary TMRW will acquire 73-80% stake in Bewakoof.
Aditya Birla Group subsidiary TMRW will acquire 73-80% stake in Bewakoof.
GIC will own around 7.5% equity stake in ABFRL after the investment.
Net profit of the fashion retailer rose over three-fold to ₹196.8 crore in the quarter ended December 2021.