India: Unbxd raises $12.5m Series C led by Eight Road Ventures


Existing investors IDG Ventures, Inventus Capital Partners and Nirvana Ventures also took part.

Tata Group mulls IPO of luxury unit Jaguar Land Rover

Tatas bought the luxury car-maker in 2008 for $2.4 billion.

India: Temasek-backed InnoVen Capital sees two top execs quit to launch own fund

Temasek has roped in an executive search firm to look for replacements.

India Digest: INDASDA may buy Moshe’s; Kedaara to trim stake via Mahindra Logistics IPO, Janalakshmi Fin funding

New Silk Route is likely to sell Moshe’s Fine Foods to INDASDA Group, while Kedaara Capital is looking to sell part of its stake in Mahindra Logistics through the company’s IPO. Also, Janalakshmi Financial is in talks to raise funds. NSR likely to sell Moshe’s Fine Foods to INDASDA Group Private equity… Read more »

Exclusive: Microfinance lender SV Creditline raises $3m debt from Capital First

Funding to help the company meet its goal of reaching 1 million customers.

Stressed assets to be next big theme to play in India: Mahesh Singhi

Singhi Advisors is sitting on a good pipeline of deals in the making

India: IndusInd Bank sells Vasan Healthcare loans to Edelweiss ARC

Edelweiss ARC has bought a small share in debt from IndusInd in a portfolio

India: NITI Aayog to set up 1,000 labs in schools under Atal Innovation Mission

The founders of three start-ups have expressed interest in mentoring students under the Atal Innovation Mission (AIM), NITI Aayog chief executive officer Amitabh Kant said on Friday. The three are Paytm’s Vijay Shekhar Sharma, Ola’s Bhavish Aggarwal and Oyo Rooms’ Ritesh Agarwal. Mint couldn’t immediately reach Sharma, Aggarwal and Agarwal… Read more »

India: CDSL raises $24m from anchor investors ahead of IPO

CDSL has priced shares between Rs145-149 a share for the IPO.

India: SMC Global, IM+ Capitals launches $75m realty fund

The fund target the affordable housing space.