BANGALORE -- India's largest online retailer, Flipkart Internet Pvt., agreed to acquire online clothing seller Myntra Designs Pvt. for an undisclosed amount, in a deal that would give Flipkart control of roughly half of India's e-commerce market by sales.
The companies didn't disclose the terms of the deal.
Flipkart said Myntra's chief executive, Mukesh Bansal, will head the combined company's fashion division and have a seat on the company's board
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