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Former BanyanTree PE exec’s SME fund backs fashion jewellery retailer

By Ranjani Raghavan

  • 30 May 2019
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Former BanyanTree PE exec’s SME fund backs fashion jewellery retailer
Credit: VCCircle

An investment fund started by former BanyanTree PE executive Mitin Jain has picked up a minority stake in a Bengaluru-based fashion jewellery retail chain in only its second deal. India SME Investments LLP, which focuses on small and medium enterprises, is buying a stake for around $5 million (Rs 35 crore) ......

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