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Aditya Birla Fashion and Retail LimitedImportant, 13-08-2025: General Updates

13-08-2025 | 07:05 pm

Aditya Birla Fashion and Retail's wholly-owned digital fashion subsidiary, ABDFVL, has secured a significant investment of up to INR 437 Cr from ServiceNow Ventures Holdings, Inc. This strategic funding, facilitated through a private placement of compulsorily convertible preference shares, is set to boost ABDFVL's growth initiatives. This development underscores ABFRL's commitment to strengthening its digital fashion footprint and brings a key external investor to support its rapidly expanding ventures. A clear positive for the company's digital segment.

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