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May 08, 2013

Deal Alert: Mountain Apollo invests in lingerie e-tailer Cloe

Mountain Apollo, a joint venture investment firm formed by the promoters of Delhi-based Apollo Tyres and Switzerland-based asset management firm Mountain Partners AG, has invested in Purple Panda Retail Pvt. Ltd, a Noida based firm retailing fashion lingerie, innerwear and nightwear online under the brandname of Cloe. Founded in 2012, Cloe Lingerie is led by its Founding Director & CEO Neha Kant. 

Source: Press Release
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