Flipkart led a Series F funding round in USPL.

Flipkart, an e-commerce company, led a Series F funding round in Universal Sportsbiz, an operator of an online clothing store. The round was also joined by Accel Partners. Financial terms were not disclosed. “It is our constant endeavour to offer our customers a wide range of products that meet their sensibilities. USPL’s unique brands, backed by celebrity endorsements, have a strong appeal for the young fashion-driven Indian consumer. This investment will help USPL and the Flipkart Group find deeper synergies as we continue on our commitment to grow an ecosystem of partnerships that deliver value for consumers and brands," Kalyan Krishnamurthy, Flipkart Group CEO.