Related Keywords: Arvind textile to retail conglomerate, become latest brick and mortar stor operator, Freecultr will be acquired by Arvind Internet, in talks in Sequoia Capital funded ecommerce company, nine Freecultr-branded brick-and-mortar stores being operated, online ventures, spearheaded by Kulin Lalbhai, to acquire Freecultr
Arvind, textile to retail conglomerate that is currently carrying out due diligence of the online fashion and lifestyle brand is in talks with Sequoia Capital-funded ecommerce company to acquire Freecultr, to become the latest brickand-mortar store operator to snap up troubled online ventures. The deal is expected in the coming months.
Freecultr will be acquired by Arvind Internet, the conglomerate's online arm that is spearheaded by Kulin Lalbhai, son of chairman Sanjay Lalbhai.
