Photo: Aniruddha Chowdhury/MintBengaluru: Fashion start-up Universal Sportsbiz Pvt. Ltd (USPL) has raised a fresh round of investment of over Rs100 crore from existing investor Accel Partners. With this round of funding, the valuation of Universal Sportsbiz Pvt. Imara is a contemporary women’s ethnic fashion brand and Ms Taken, a signature women’s western wearline. Pursuing its omni-channel distribution strategy, USPL has recently opened company owned outlets in key metropolitan cities of the country.
Source: Mint November 14, 2017 18:45 UTC