Binny Bansal invests $1 Million round in Masaba Gupta's fashion brand
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Flipkart former group CEO and chairman Binny Bansal has invested $1 Million in House of Masaba, a luxury fashion brand which was founded by actress Neena Gupta's daughter and fashion designer Masaba Gupta. The investment round also witnessed participants such as Purple Style Labs, Apoorva Patni of Patni Group and Salapuria group. The House of Masaba is a decade old and achieved profit in 2016 with 100% growth.