Magicpin, a WaterBridge portfolio company, reported 20% growth in gross merchandise value for its fashion vertical in FY25, lifting it to Rs 1,000 crore. Over the previous 12 months the hyperlocal commerce firm added about 6,000 fashion stores across 100 brands, bringing its total to roughly 16,000 stores and 250 brands live across 20 cities. Names such as Puma, US Polo, Van Heusen, and Pepe Jeans joined the platform over the last two years.
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Credit: Business Standard