Dutch online outlet Otrium receives 7 million EUR from Index Ventures

Index Ventures, the venture capital firm backing Asos, Farfetch and Net-a-Porter, has invested 7 million euros (approximately 7.8 million US dollars or 6 million pounds) in Otrium, a Dutch marketplace where brands can sell their unsold stock with discounts of up to 75 percent. In addition, Index partner Danny Rimer is set to join Otrium’s board of directors.