Silq raises $17.6M to transform the supply chain

Simplifying the development and manufacturing process of branded apparel, Silq has raised $17.6 million in Series A Funding, co-led by our U.S based sister fund F-Prime Capital and Flexport Ventures. Our India Ventures team along with existing investors RTP Seed, Forum Ventures and other angels also participated in the round. 

The funding will be used to expand Silq’s global footprint of factory partners, grow its team of trained experts, including on-site merchandisers and quality inspectors across Asia and strengthen Silq’s technology platform, equipping brands with crucial production data and updates.

"Our mission is to build an information highway that makes transactions efficient, fast and reliable for all stakeholders in the supply chain,” said Ram Radhakrishnan, CEO of Silq. “At Silq, we are solving the hardest supply chain problem of them all, providing real-time visibility from the factory floor by leveraging people and technology. We augment the capabilities of Silq experts with an intuitive mobile application that enables them to share updates with brands with poise and precision.”

Silq’s purpose-built platform provides apparel, footwear, home goods and accessory brands with transparency into real-time production progress. With zero implementation required, Silq has digitized the manufacturing supply chain, improving product quality and accelerating speed-to-market. Silq customers experience a carefully choreographed production calendar, designed and maintained by Silq ensuring quality, compliance and on-time performance.