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HomeRecentProsus-backed fast-fashion startup Virgio, valued at $161 million, shuts down

Prosus-backed fast-fashion startup Virgio, valued at $161 million, shuts down

 Fast-fashion startup Virgio, founded by former Myntra chief, is shutting down its operations less than a year after raising funds at a valuation of over $160 million, according to two investor sources familiar with the situation. “The fast fashion brand that you have come to love is no longer available,” Virgio says on its website. […] Fast-fashion startup Virgio, founded by former Myntra chief, is shutting down its operations less than a year after raising funds at a valuation of over $160 million, according to two investor sources familiar with the situation. “The fast fashion brand that you have come to love is no longer available,” Virgio says on its website.  Read More 

Apps, Startups, Accel, Alpha Wave Global, Prosus Ventures, Virgio TechCrunch 

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