The Carlyle Group has led an investment of more than $100 million in Indian delivery e-commerce logistics service Delhivery. Existing backer Tiger Global Management also took part in the funding round.
WestBridge Capital Partners has invested INR1.8 billion ($28 million) for a 3.5% stake in India-listed tire maker CEAT.
Sequoia Capital has led a $15 million Series B round for Indian online travel marketplace Ixigo, with participation by Fosun Kinzon Capital, the investment arm of Chinese conglomerate Fosun International.
Aion Capital Partners, a special situations joint venture between Apollo Global Management and ICICI Venture, has bought a controlling stake in Indian broadcast technology services provider PlanetCast Media Services from investors including PE firm Kubera...
US venture investor FTV Capital has taken a minority stake in India-based industry research and consulting company MarketsandMarkets after leading a $56 million funding round.
Sands Capital has led a $70 million Series C round of funding for Indian business-to-business (B2B) logistics technology start-up BlackBuck.
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering a commitment of $3 million to the artificial intelligence (AI)-focused debut fund of Indian VC investor Pi Ventures.
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Indian e-commerce giant Flipkart has reportedly raised a $1 billion round of funding at a valuation of about $10 billion – a drop from $15 billion as of its previous round.
New York and Mumbai-based private equity firm Kubera Partners has agreed to sell its 28% stake in India’s Planetcast Media Services through a secondary transaction with an undisclosed PE buyer.
Everstone Capital, Mayfield Advisors, Nexus Venture Partners and ICICI Bank have part exited their stakes in Indian agricultural logistics and financing firm Sohan Lal Commodity Management (SLCM).
Having hit the hard cap of $2.75 billion on its fourth global energy fund, Actis will deploy most of the capital in platform-style investments for emerging markets renewables
CVC Capital Partners is planning to open its first India office as it aims to grow its business in the country, AVCJ understands.
Actis Capital has exited most of its stake in Indian infrastructure finance lender Infrastructure Development Finance Company (IDFC) for INR1.1 billion ($16.9 million).
TA Associates has invested in Indian pharmaceutical product supplier Ideal Cures. Neither the size of the commitment nor the size of the GP's stake in the company were disclosed.
The Asian Development Bank (ADB) will invest up to INR667 million ($10.1 million) in Indian microfinance institution (MFI) Satin Creditcare Network.
Apis is relying on its team's financial services expertise and networks to deliver the goods in South Asia and Africa. LPs have given them $287 million with which to prove the thesis
Singapore sovereign wealth fund GIC Private has invested about INR7.5 billion ($113.2 million) for a 13.4% stake in Indian mortgage lender Can Fin Homes.
The Carlyle Group has fully exited its stake in India’s Edelweiss Financial Services for INR8.7 billion ($131 million) in an open market transaction.
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering a commitment of up to $25 million to The Carlyle Group’s latest Asia growth fund, which has a target of $1 billion.
Emerging market financial technology investor Apis Partners has closed its debut fund at $287 million. It has already deployed about $130 million across five deals in South Asia and Africa.
Canada's Brookfield Asset Management has agreed to buy two energy platforms operated by US-based renewable energy producer SunEdison, including one with over half its total capacity in Asia.
Canada Pension Plan Investment Board (CPPIB) and Caisse de dépôt et placement du Québec (CDPQ) have paid INR23 billion ($337 million) for a 1.5% stake in India’s Kotak Mahindra Bank.
Indian early-stage VC investor Pi Ventures has reached a first close of $13 million on its debut artificial intelligence (AI)-focused fund.