India Digest: Smaaash to raise $30m; Lava's payments foray; Alibaba plans data centre

India Digest: Smaaash to raise $30m; Lava's payments foray; Alibaba plans data centre

Sachin Tendulkar-promoted Smaaash Entertainment is in talks with private equity players to raise $30 million, while Lava Mobiles plans to raise $100 million through equity dilution. Also Chinese e-commerce giant Alibaba is looking to set up its own data centre in India.

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