Fairfax Financial Holdings’ India unit has made a $300 million investment in Sanmar Chemicals, a major domestic producer of the plastic construction material PVC.
Special situations investor SSG Capital Management Group will pay up to INR5.8 billion ($87 million) for a 40% stake in Future Supply Chain (FSC), a supply chain and logistics subsidiary of India's Future Retail.
India-based beauty services start-up MyGlamm has raised $6 million in a Series A round led by French cosmetics giant L’Occitane and including participation from Tano Capital and Brand Capital.
Samara Capital has paid INR1.51 billion ($22.7 million) for the Indian division of South African drug maker Adcock Ingram Holdings.
WestBridge Capital Partners has invested INR790 million ($12 million) in listed Indian footwear maker Relaxo Footwears.
Chinese smart phone maker Xiaomi has led a $25 million round of funding for Hungama Digital Entertainment, an Indian music and video online platform.
The Blackstone Group has agreed to buy a majority stake in Indian IT services provider Mphasis from Hewlett Packard for up to INR70 billion ($1.1 billion).
Entrepreneurship & Venture Capital (EVC) has launched a $50 million fund to focus on early-stage technology investments in India.
Indian education services provider CL Educate has refiled for its IPO, providing a partial exit for PE backer Gaja Capital Partners.
Motilal Oswal Private Equity (MOPE) has invested INR980 million ($14.8 million) in India Energy Exchange, buying a 4.1% stake from Jindal Power.
Everstone Capital is expected to sell up to 26.6 million shares in Hinduja Leyland Finance as part of the commercial vehicle financing company’s Indian IPO.
Mandala Capital has made investments totaling INR6.9 billion ($104.3 million) in India’s Jain Irrigation Systems (JIS) as part of a broader INR8 billion capital raising.
India's government has introduced new regulations to allow 100% foreign direct investment (FDI) in online marketplaces and limit discount offerings by e-commerce companies.
India’s Seaways Shipping & Logistics has filed for an IPO that would see the IDFC Alternatives-backed company issue new shares with an aggregate value of INR800 million ($12 million).
Softbank Ventures Korea has committed an undisclosed amount of Series A funding to India's True Balance, developer of an app to help users check their prepaid SIM card balance.
Dutch pension fund manager APG Asset Management has committed $132 million, alongside Piramal Enterprises, to Essel Green Energy, the solar power platform of India's Essel Group.
Japanese tire manufacturer Yokohama Rubber has agreed to acquire India's KKR-backed Alliance Tire Group for $1.2 billion.
The Overseas Private Investment Corporation (OPIC), a development finance institution backed by the US government, will provide up to $250 million in debt funding to Indian renewable energy producer ReNew Power Ventures.
Dubai-based Abraaj Group has led a $150 million funding round for Indian online grocery business BigBasket.
Advent International has closed its eighth global fund at the hard cap of $13 billion after approximately six months in the market.
India education start-up Byju’s has raised $75 million from Sequoia Capital and Belgium’s Sofina to diversify its product pipeline and for international marketing.
India's Foreign Investment Promotion Board (FIPB) has approved KKR's request to buy a stake in distressed asset manager International Asset Reconstruction Company (IARC).
Indian automobile trading platform CarDekho has secured an undisclosed investment from Google Capital, with participation from existing investor Hillhouse Capital.
Indian mid-market PE firm Ambit Pragma has exited its majority stake in Spear Logistics to French multinational FM Logistic.