Flipkart unit, Ace Turtle JV get licensing rights for Toys'R'Us in India

Flipkart unit, Ace Turtle JV get licensing rights for Toys'R'Us in India

Signage is displayed outside a Toys R Us Inc. retail store in Louisville, Kentucky, U.S., on Monday, Sept. 18, 2017. Photographer: Luke Sharrett/Bloomberg

E-commerce firm Flipkart Group’s wholesale entity in India and Ace Turtle, an omnichannel enablement platform, on Tuesday, said a joint venture company set up by them has secured licensing rights for toy and baby brands Toys“R”Us (TRU) and Babies“R”Us (BRU) in the country.