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. […] from TechCrunch https://ift.tt/y2WuhZU