Indian logistics management software developer FarEye has raised a $3.5 million Series A round from SAIF Partners.
Varun Beverages, a major drinks manufacturer and bottler for PepsiCo in South Asia backed by several PE investors, has filed for an IPO.
Creador has exited the remainder of its stake in India-based non-banking finance company Cholamandalam Investment and Finance (CIF) for INR2.2 billion ($32.5 million).
Direct secondaries specialist NewQuest Capital Partners has reached a final close of its third fund at the hard cap of $540 million, increasing it from the original hard cap of $520 million in order to accommodate investor demand.
Acushmet Holdings, a golf equipment and apparel business backed by Korean PE investors, has filed for an US IPO.
India's government will allow unlimited foreign direct investment (FDI) in a wide range of sectors, including online grocery.
The Carlyle Group has hired Jesse Wu, the former chairman of Johnson & Johnson China, as a senior advisor to the firm’s Asia buyout team.
India's Central Board of Direct Taxes (CBDT) has implemented an exemption on income taxes for investments in some start-ups.
SAIF Partners has led a $12 million Series A round for Indian online tax filing website ClearTax.
The International Finance Corporation (IFC) has proposed investing up to $20 million in a Pakistan-focused fund being raised by The Abraaj Group. The vehicle has an overall target of $200 million.
Indian personalized fashion portal Voonik has raised a $20 million Series B round of funding led by existing investor Sequoia Capital.
Indian venture capital firm Lok Capital has reached a first close of $40.5 million for its third fund, which is targeting a $100 million total corpus within 12-18 months.
The International Finance Corporation (IFC), the investment arm of the World Bank, will anchor a planned $200 million funding round for India's Glenmark Pharmaceuticals, committing up to $75 million.
Intellegrow Finance, a non-banking financial company (NBFC) and venture debt lender that targets small and growing businesses in India, has raised INR1.34 billion ($20 million) from investors including existing backer Omidyar Network.
India's Foreign Investment Promotion Board (FIPB) has rejected BNC Paribas' proposed acquisition of PE-backed retail brokerage Sharekhan.
India's Tata Power has agreed to acquire Welspun Renewables (WREPL), a subsidiary of Welspun Energy backed by the Asian Development Bank (ADB) and German development finance institution DEG.
Chinese GP Chenhui Venture Partners have teamed up with one of its LP – Shenzhen-listed company Lancy Group – to create a Sino-South Korea PE fund that will invest in consumer and technology companies.
Sequoia Capital and Unitus Seed Fund have invested $4 million in a Series A round of funding for Indian education network operator Cuemath.
The DFID Impact Fund, a social impact investment vehicle managed by UK-based development finance institution CDC, has made its first investment in South Asia, committing $10 million to the Insitor Impact Asia Fund.
Microsoft Ventures and Salesforce Ventures have led a $23 million Series B round for Indian customer service platform Helpshift.
Greenko Energy Holdings, an Indian renewable energy producer owned by the Singapore sovereign wealth fund, GIC Private, has raised $230 million from GIC and the Abu Dhabi Investment Authority (ADIA).
The International Finance Corporation (IFC), the investment arm of the World Bank, will invest up to $50 million in Indian microfinance institution (MFI) Janalakshmi Financial Services.
Providence Equity has sold about 3.5% of its 6.8% stake in India’s Idea Cellular for INR13.8 billion ($206.6 million).
Edelweiss Private Equity has invested an undisclosed amount of Series A growth capital in India’s Bridgei2i Analytics Solutions, an enterprise services company focused on big data.