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Genesis Colors Picks 49% In JV With Burberry 

BY  Pallavi S
The JV with the British luxury goods retailer will open Burberry stores in large and tier II cities.

Sequoia-SVB Capital-Mayfield backed Genesis Colors is picking a 49% stake in a joint venture with British luxury goods retailer Burberry to open stores in India. Both Genesis and Burberry are likely to bring in around Rs 16.5 crore...

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