V-Mart signs pact to acquire LimeRoad
- V-Mart has committed to invest a total of ₹150 crore into the Tiger Global-backed LimeRoad over a period of 2-3 years
Mumbai-listed value retail chain V-Mart Retail Ltd has signed a definitive agreement to acquire LimeRoad, a social commerce platform LimeRoad.com, in what is also likely another distressed transaction in the consumer facing category after beverage chain Beer Café was being sold to Bira91 last week.
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