Packaging firm Cilicant Chem raises first external round of funding

Cilicant Chem Pvt Ltd, which provides desiccant-based packaging solutions to pharmaceutical and food sectors, has raised its first round of external funding. The Pune-based company has raised the funds from a consortium of individuals called Flint Management Consultants LLP, said investment bank o3 Capital, which advised Cilicant on the deal. It did ......