India-based online advertising company Info Edge has reportedly invested R5crore ($900,000) in discount fashion apparel sales website 99labels.com.
99labels.com sells everything from perfumes to décor at up to 90% discounts, It was backed with $3.5m by Info Edge last May, according to news provider VCCircle.
Info Edge also recently made a$6.5m investment in Bangalore-based online photography company Canvera Digital Technologies.