The International Finance Corporation (IFC), the investment arm of the World Bank, will commit $25 million to Indian online grocer BigBasket.
Japanese life insurance firm Nippon Life will pay INR12 billion ($184 million) to increase its stake in Indian asset manager Reliance Capital Asset Management (RCAM).
Electra Partners Asia's exit of Zensar Technologies to Apax Partners brings to an end one of the longest investment holding periods ever seen in the region's private equity industry
Everstone Capital has reportedly bought a 51% stake in India-based industrial graphics maker SJS Enterprises for INR3.5 billion ($54 million).
India-focused Lighthouse Funds is looking to capitalize on consumers' concern for practical needs and their desire to build better lives for their families
Vertex Ventures, a VC firm controlled by Singapore’s Temasek Holdings, has appointed Ben Mathias as managing director and head of India. He joins from New Enterprise Associates.
Apax Partners has acquired a 23.2% stake in India-based Zensar Technologies for $129 million, providing an exit for Electra Partners, which has been an investor in the business since 1997.
Singapore-based Nalanda Capital has bought an approximately 2% stake in compressed-air equipment manufacturer Elgi Equipments for INR420 million ($6.5 million).
Aion Capital has invested INR6 billion ($90 million) in India's Varun Beverages (VBL), a major drinks manufacturer and bottler for PepsiCo in South Asia.
Warburg Pincus and Indian real estate developer Embassy Group has formed a joint venture to build industrial parks with warehousing facilities in key cities in India.
Sequoia Capital and Kalaari Capital have committed $10 million in Series B funding to Indian start-up Cryptopy Technologies, the developer of rental property listing platform Grabhouse.
The Abraaj Group has teamed up with conglomerate Aditya Birla Group to build a renewable energy platform that will focus on developing solar power plants in India.
Lighthouse Funds has reached a final close on its second Indian mid-market focused fund at $138 million, well above the $125 million target.
Motilal Oswal Private Equity (MOPE) has invested INR900 million ($13.8 million) in Indian mattress maker Kurlon Enterprise.
Media-for-equity investing has become a well-established niche market in Europe. To take hold in Asia, the model requires the right investors and the right customers
Peepul Capital has committed $15 million to Indian online jewelry and accessory retailer Voylla.
Gaja Capital has committed INR650 million ($10 million) to Indian fitness education start-up Junior Sports and Services, which manages the SportzVillage brand.
Switzerland-based alternative investment firm Spice Private Equity has committed $10 million to Indian non-banking finance company (NBFC) Altico Capital India.
Apollo Global Management has fully exited India-based direct-to-home TV service provider Dish TV, selling its remaining 3.58% stake for INR3.99 billion.
Indian security software developer Quick Heal Technologies and dairy firm Parag Milk Foods have filed for IPOs, seeking INR2.5 billion ($38 million) and INR3.25 billion, respectively. Parag has also raised an additional INR600 million from existing backer...
Chinese e-commerce giant Alibaba Group and its online finance affiliate Ant Financial Services Group have made a further investment in Paytm, India's largest mobile payment and commerce platform.
PepperTap, an India-based hyperlocal online grocery delivery start-up, has raised a $36 million Series B round led by online marketplace Snapdeal, with participation from existing investors Sequoia Capital and SAIF Partners.
Infogain, the US-based IT consulting firm backed by ChrysCapital, has agreed to acquire the IT operations of India's Blue Star Infotech (BSIL) for INR181 million ($27 million).
Accel leads a $37.5 million round for Portea Medical, an India-based home healthcare business set up by the founders of TutorVista