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TA Associates invests $140 million in owner of fashion brand ‘W’

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US-based private equity firm TA Associates Management Lp has invested $140 million for a minority stake in TCNS Clothing Co. Pvt. Ltd, a leading women’s apparel platform that sells popular fashion brand ‘W’. The New Delhi-based TCNS Clothing owns three brands—W, Aurelia and Wishful—that are present at more than 1,600…

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