GA will acquire about 51% stake held by existing investors - Eight Roads Ventures India, Evolvence India Fund and Somerset Indus Healthcare Fund. Besides the secondary transaction, GA will also acquire a small minority stake from the promoters along with a primary stake, sources said.
Silq, an American company simplifying supply chain process of branded apparel, has raised $17.6 million in Series A Funding co-led by F-Prime Capital and Flexport Ventures..