Coutloot (MJVS Fashion Services Pvt. Ltd), an online platform that sells pre-owned fashion, has acquired Bangalore-based competitor Once Again Store (Stororo Services Pvt. Ltd) for an undisclosed amount in an all-stock deal, said a senior company executive, signalling early consolidation in a sector that has spawned success stories such as Poshmark and Rent the Runway in the US and Secoo in China.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com
