The online fashion retailer intends to raise between $15m and $20m from external backers to fund the spin out of its inventory management platform.
India-based e-commerce company YepMe plans to spin out its software sales unit with between $15m and $20m in funding from external investors, the Economic Times reported yesterday.
YepMe produces its own branded fashion goods that it sells online, though it is increasingly looking to expand into offline sales.
The company has latterly begun offering the online and offline inventory management software it has developed to other companies, and is looking to expand that part of its business due to the…
