India Digest: Sixth Sense backs e-tailer Vahdam; Credit Saison India gets NBFC licence

India Digest: Sixth Sense backs e-tailer Vahdam; Credit Saison India gets NBFC licence

Malaysian Ringgit. Photo: Reuters

Sixth Sense Ventures, India’s first domestic consumer-centric venture fund, has led a Rs 75 crore ($10.5 million) funding round in online retailer Vahdam Teas Pvt. Ltd. In a separate development, Bengaluru-based NBFC Credit Saison India is all set to commence operations by the end of October.