Aditya Birla Fashion And Retail Announces Its Foray Into The Branded Ethnic Market Through 100% Acquisition Of Jaypore - GADGETS & INNOVATIONS

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Monday, June 10, 2019

Aditya Birla Fashion And Retail Announces Its Foray Into The Branded Ethnic Market Through 100% Acquisition Of Jaypore



India’s leading fashion company, Aditya Birla Fashion and Retail Limited begins a new chapter in its growth story with 100% acquisition of ‘Jaypore’; an Indian online and offline retailer, that offers curated collections of handmade, handwoven and handcrafted apparel, jewellery, home textiles and accents, based on craft forms, from all over India.

The Board of Directors of Aditya Birla Fashion and Retail Limited [‘ABFRL’] today approved the signing of Share Purchase agreement to acquire Jaypore. The business comprises online and offline operations. The proposed acquisition is subject to necessary statutory approvals and signing of definitive agreement(s).




Mumbai, Maharashtra, India 

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