![Aditya Birla Fashion to raise ₹2,195 crore from GIC](https://images.assettype.com/fortuneindia%2F2020-03%2F1e2cf3d8-75b4-49c4-899c-5a09bb361c83%2FGettyImages_1035430870_copy.jpg?rect=0,68,3000,1500&w=300&q=95)
Aditya Birla Fashion to raise ₹2,195 crore from GIC
GIC will own around 7.5% equity stake in ABFRL after the investment.
GIC will own around 7.5% equity stake in ABFRL after the investment.
Jaypore is one of the few online stores for premium handcrafted Indian products, but maintaining its lead in a niche segment will be a challenge as competition increases.