Indian e-commerce platform Kartrocket has raised a $6 million round led by Bertelsmann India Investments.
KKR has agreed to sell its stake in India's Dalmia Cement Bharat (DCBL) for INR6 billion ($89 million) to the parent company Dalmia Bharat (DBL), and to invest INR6.2 billion in DBL itself.
ChrysCapital has reached a first close of nearly $350 million on its seventh India fund. The vehicle, which launched last September, has an overall target of $600 million and a hard cap of $650 million.
Singapore state-backed investment group Temasek Holdings and US-based March Capital have led a INR9.5 billion ($145 million) funding round for Indian online used car dealer CarTrade.
The Carlyle Group has promoted Neeraj Bharadwaj, a Mumbai-based member of the firm’s Asia buyout team, to partner.
Singapore's GIC Private has led a new funding round for Indian e-commerce start-up ShopClues that is said to value the company at more than $1.1 billion.
The Abraaj Group has agreed to buy CARE Hospitals, India's fifth-largest healthcare provider from Advent International.
Indian microfinance lender Janalakshmi Financial Services has raised INR3.3 billion ($50 million) from UK government-backed development finance institution CDC Group.
Lightbox Ventures has invested $5 million in Indian online jewelry retailer Melorra.
Olympus Capital commits $30 million to support the roll-out of CreditAccess Asia's microfinance business in new markets
Ctrip, a listed travel services firm based in China, has agreed to invest $180 million in MakeMyTrip, India's largest online travel agency.
Indian classifieds site Quikr has bought property search website CommonFloor for an undisclosed amount. Both companies have received VC funding.
TA Associates has promoted Naveen Wadhera, its London-based Asia co-head, to managing director, while Dhiraj Poddar (pictured), co-head of the firm’s India business, becomes a principal.
Olympus Capital Asia has agreed to invest $30 million in CreditAccess Asia, but this could just be the starting point as the India and Southeast Asia-focused microfinance institution (MFI) pushes into new markets, with Vietnam the likely next target.
SIDBI Venture Capital has led a $3 million Series A round for Indian online parenting portal Mycity4kids, with participation by existing investor YourNest Angel Fund.
Nexus Venture Partners has participated in an $8 million Series A round for portfolio company Blueshift, a US-based automated marketing solutions provider. The round was led by Storm Ventures.
Tata Capital has invested $5 million in Alef Mobitech Solutions, a US-based mobile internet optimization solution developer with offices in India.
Thyrocare Technologies, an Indian diagnostics company with several private equity backers, has filed for a domestic IPO.
Sequoia Capital has led a INR400 million ($6 million) round for Indian brewer B9 Beverages, the makers of the craft beer brand Bira 91.
Ujjivan Financial Services, an India-based microfinance institution (MFI) that has been awarded a banking license, has filed for an IPO, which would facilitate exits for several private equity backers.
Black River Asset Management, an independently managed alternative investment unit of agribusiness giant Cargill, will invest $45 million in India's Future Consumer Enterprise (FCEL).
Three of the six partners at India-focused VC firm Helion Venture Partners will depart to pursue other opportunities.
Shares in Indian medical diagnostics service Dr. Lal PathLabs gained more than 50% on debut following the company's INR6.3 billion ($95 million) IPO.
Blume Ventures has reached a first close of more than $30 million on its second India early-stage fund. The vehicle has a full target of $60 million.