Flipkart, Amazon hold talks to acquire stake in Aditya Birla Fashion

Flipkart, Amazon hold talks to acquire stake in Aditya Birla Fashion

FILE PHOTO: The logo of Flipkart is seen on the company's office in Bengaluru, India, May 9, 2018. REUTERS/Abhishek N. Chinnappa/File photo

E-commerce majors Flipkart and Amazon are in talks with Aditya Birla Fashion and Retail Ltd. (ABFRL) for a minority stake in the fashion retailer, which continues to seek investments either through a hive-off or partnerships, said individuals directly aware of the discussions.

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