Mumbai’s Moksha Group buys Arzooo’s assets in fire sale

Mumbai-based Moksha Group, which is in the businesCloudtails of distribution of electric appliances alongside some fintech operations, has acquired the strategic assets of retail-tech startup Arzooo for an undisclosed amount. Arzooo had been struggling to stay afloat amid layoffs, funding crunch, and pending payments to sellers and employees.

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