Indian fashion online portal, Exclusively.in, has secured new investments worth $16 million, The Wall Street Journal reports. The funding came from two existing investors, Helion Venture Partners and Accel Partners India and a new venture capital firm, Tiger Global Management. The online portal will use the proceeds to expand its market and sign deals with fashion designers of the country. The company also plans to expand its business to the U.K., Canada, Singapore, South Africa and other countries later this year, adds Reuters.
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