Jabong’s parent company Global Fashion Group secures EUR 300 million from Kinnevik and Rocket Internet
New Delhi, 2 May, 2016: Global Fashion Group, which is the parent company of India’s leading online fashion portal Jabong, has successfully secured a funding of EUR 300 m from Kinnevik and Rocket Internet. While Rocket Internet will underwrite around EUR 100 million of the financing, it will invest around EUR 85 million including the conversion of an …