Indian hotel chain Lemon Tree Hotels has filed for an IPO that will provide a partial exit for Warburg Pincus.
Yatra Online, an Indian travel services provider listed on NASDAQ, has raised INR1 billion ($15.4 million) in debt funding from InnoVen Capital.
HighRadius, a US and India-based financial technology company focused on cloud computing services, has received $50 million from Susquehanna Growth Equity for a global expansion.
WRV Capital is backing Tonbo Imaging, a provider of night vision technology to the Indian military, as it expands into new markets
Madison India Capital has reached a final close of $230 million on its latest fund, Madison India Opportunities IV.
After decades of tantalizing but patchy progress, artificial intelligence is finally seen as ready for mass commercialization. Investors must now weigh an unmissable opportunity with a world of uncertainty
Despite coming in as a minority investor, ChrysCapital has been key to the overseas expansion of US-based LiquidHub. The firm credits its active collaboration and unique connections
Power2SME, an Indian online services provider for companies in the manufacturing space, has received $36 million in Series E funding, primarily from existing VC investors.
The International Finance Corporation (IFC), the investment arm of the World Bank, has proposed a $50 million investment in Indian developer Mahindra Lifespace (MLDL).
Shanghai Fosun Pharmaceutical has altered the terms of its acquisition of a majority stake in India-based Gland Pharma – a deal that will facilitate an exit for KKR – as part of a long-running battle to win regulatory approval.
SBI Life, the life insurance subsidiary of the State Bank of India (SBI) whose backers include KKR and Singapore’s Temasek Holdings, has filed for an IPO.
Sequoia Capital India and SAIF Partners have led a $11.5 million Series B funding round for Indian free-to-use learning platform operator Unacademy.
Tonbo Imaging, an Indian night vision technology specialist serving the defense, surveillance and transportation safety markets, has received $17 million in Series B funding led by US-based WRV Capital.
Kedaara Capital has closed its second India-focused fund at the hard cap of $750 million after approximately six months in the market.
US-based healthcare specialist investor OrbiMed once again raises the bar with the closing of its oversubscribed third Asia fund
The Asian Development Bank (ADB) has invested $60 million in OrbiMed Asia Partners III, the third Asian private equity fund of healthcare-focused GP OrbiMed.
TPG Capital has led a INR10.3 billion ($161 million) funding round for Indian microfinance lender Janalakshmi Financial Services.
SoftBank Vision Fund, the global technology investment vehicle managed by Japan’s SoftBank Group, has led a $250 million Series D round for Indian online hospitality platform Oyo.
A group of VC investors including Sistema Asia Fund has committed INR700 million ($10.9 million) to Indian fintech platform Lendingkart Technologies.
Barnaby Lyons, managing director and head of Asia at Bain Capital Credit, discusses the opportunities available in the region’s private credit space and the changing attitudes of investors toward the space
From Uber to Flipkart, there are high-profile examples of founders being replaced as CEOs of their start-ups. It isn’t common practice in Asia, and for reasons of corporate culture, this isn’t likely to change
Bain Capital Credit has reached a first close of $557 million on its Asia-focused special situations fund.
Healthcare-focused investment firm OrbiMed has closed its third Asian private equity fund with $551 million in commitments.
The International Finance Corporation (IFC), the investment arm of the World Bank, has invested $10 million in Indian business-to-business e-commerce start-up Power2SME.