India Digest: BLinC Invest floats new fund; Northern Arc raises debt from Kotak

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Venture capital firm BLinC Invest Monday announced the launch of a Rs 100-crore ($13.5-million) SEBI registered Category-II Alternative Investment Fund (AIF). Separately, Northern Arc has raised Rs 40 crore in debt financing from Kotak Mahindra Bank.

BLinC Invest floats $13.5m fund

Mumbai-headquartered venture capital firm BLinC Invest Monday announced the launch of a $13.5-million (Rs100 crore) SEBI registered Category-II Alternative Investment Fund (AIF).

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