India, May 18 -- New York-based investment firm Tiger Global has reportedly bet big bucks on Rishi Vasudev's latest fashion and retail venture named GOAT Brands Labs, which will acquire lifestyle brands and help them build as well as grow online. Tiger Global is said to have led GOAT Brand Labs' first venture round of $20 Mn, which also saw participation from Mayfield and Flipkart's venture fund.

Rishi Vasudev, cofounder and CEO of GOAT Brand Labs, is a vetaran fashion retail executive who has previously headed Flipkart's fashion business, Lifestyle International, Home Center and Calvin Klein India. Vasudev has also been associated with several other fashion brands like Madura Fashion & Lifestyle by Aditya Birla Group and Arvind Brands. ...