HK: Alibaba-backed online apparel startup Grana raises venture debt from STI Financial

A model presents creations from the Spring/Summer 2015 Michael Kors collection during New York Fashion Week September 10, 2014. REUTERS/Brendan McDermid

Hong Kong-based online apparel brand Grana, which had earlier raised $16 million in venture funding from backers including Alibaba, has now raised an undisclosed amount in venture debt from Hong Kong asset manager STI Financial Group.

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