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    The new FDI norms, in effect from this month, is pushing marketplaces in the country to restructure their businesses. And the latest one to ...
    The new FDI norms, in effect from this month, is pushing marketplaces in the country to restructure their businesses. And the latest one to fall in the line is Flipkart-owned fashion portal Myntra.
    The marketplace, whose business was largely contributed by exclusive brand tie-ups and private labels, now claims to sell brands through third-party merchants after new FDI norms came into effect.
    The company has been roping in new seller entities as the FDI regulation does not allow online marketplaces to own equity stakes in sellers.
    Continue reading Myntra claims it owns no equity in sellers, sells only through third-party merchants at Entrackr.
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