| Updated on March 13, 2018 Published on April 11, 2017

PTL today announced that its Board, in the Meeting held on 1Lth April 20!7, approved investment of INR 30 crores in its subsidiary Palred Online Technologies Private Limited which owns and operates LatestOne.com - lndias largest e-tailer for mobile accessories. Post this investment, LatestOne.com will be valued at INR 225 crores. The actual cash infusion into LatestOne.com, post this round will be INR 60 crores, making it one of the most capital efficient vertical focused e-tailers in the Country.

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Source : BSE - www.bseindia.com

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Published on April 11, 2017
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