ICICI Venture is acquiring a 13.8% stake in Go Fashion India Private Ltd. for about Rs 100 crore ($15.67 million), valuing the eight-year-old apparel maker at Rs 725 crore, reported ET..J. Sagar Associates acted for Go Fashion and the team was led by Partner Aarthi Sivanandh along with Principal Associate Bhavana Alexander and Associates Bharath Sridhar and Kayal Manivannan..Themis Associates advised Sequoia Capital. ICICI Securities was represented by its in-house counsel..Private equity fund Sequoia Capital had invested Rs 60 crore for 33.33% stake in November 2014.
ICICI Venture is acquiring a 13.8% stake in Go Fashion India Private Ltd. for about Rs 100 crore ($15.67 million), valuing the eight-year-old apparel maker at Rs 725 crore, reported ET..J. Sagar Associates acted for Go Fashion and the team was led by Partner Aarthi Sivanandh along with Principal Associate Bhavana Alexander and Associates Bharath Sridhar and Kayal Manivannan..Themis Associates advised Sequoia Capital. ICICI Securities was represented by its in-house counsel..Private equity fund Sequoia Capital had invested Rs 60 crore for 33.33% stake in November 2014.