Seafolly, an Australian swimwear and beachwear brand owned by L Catterton Asia, has entered administration, citing the “crippling financial impact” of the COVID-19 pandemic.
The company has 44 stores in Australia and 12 overseas. Administrator KordaMentha said in a statement that the business would continue to operate as normal while its prospects were assessed. Seafolly...
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Indian agriculture industry platform provider AgroStar has raised a $70 million Series D round led by Evolvence Capital, Schroders Capital, Hero Enterprise, and CDC Group.