GOAT Brands Labs will acquire lifestyle brands and help them build as well as grow online
FirstCry and former Myntra CEO Ananth Narayanan are also looking to start a venture in this space
This idea is based on US-based Thras.io, which is the world’s largest acquirer of third-party private label brands on Amazon
New York-based investment firm Tiger Global has reportedly bet big bucks on Rishi Vasudev’s latest fashion and retail venture named GOAT Brands Labs, which will acquire lifestyle brands and help them build as well as grow online. Tiger Global is said to have led GOAT Brand Labs’ first venture round of $20 Mn, which also saw participation from Mayfield and Flipkart’s venture fund.
Rishi Vasudev, cofounder and CEO of GOAT Brand Labs, is a vetaran fashion retail executive who has previously headed Flipkart’s fashion business, Lifestyle International, Home Center and Calvin Klein India. Vasudev has also been associated with several other fashion brands like Madura Fashion…