India
India's Amicus reaches $90m first close on debut fund
Amicus Capital Partners, an India-focused PE firm founded last year by former executives from the Carlyle Group and India Value Fund Advisors (IVFA), has reached a first close of $90 million on its debut fund.
Eight Roads leads $12m Series B for India's Core Diagnostics
Eight Roads Ventures has led a $12 million Series B round for India-based medical diagnostics services provider Core Diagnostics.
Morgan Stanley marks down India's Flipkart four quarters in a row
A Morgan Stanley mutual fund has once again marked down its investment in Flipkart, cutting another 38.2% off its valuation of the India-based e-commerce marketplace.
American Express Ventures leads $4m round for IndiaLends
American Express Ventures, the corporate VC arm of credit card company American Express, has led a $4 million round of funding in Indian financial technology start-up IndiaLends.
India infrastructure: Finding on-ramps
As capital patterns in the Indian infrastructure space evolve, the opportunity sets for private equity are being reshaped. Precisely calculated entry strategies will be the key to success
Accel closes fifth India VC fund at $450m
Accel Partners has closed its fifth India-focused venture capital fund at $450 million, less than two years after raising $305 million for the fourth vehicle.
Lok Capital leads $6.6m round for Indian dairy brand
Lok Capital has led a INR450 million ($6.6 million) Series B round of funding for India’s HR Food Processing, which produces dairy products under the brand Oram.
Cash in hand: India's demonetization policy
India's demonetization policy means short-term headaches for private equity, but probably long-term gains
India fundraising: Bifurcation point
Only a handful of India-focused private equity firms have shown they are able to raise funds $500 million or more. With LPs still wavering on India, however, membership of this select group is not guaranteed
Q&A: Samena Capital's Pavan Gupte
Samena Capital launched a dedicated India credit fund three years ago with $45 million in seed capital. Pavan Gupte, a managing director with the firm, explains how the middle market is evolving
India VC: Growing pains
The growth potential of India’s technology sector is unquestioned, but there have been relatively few spin-outs to threaten the incumbents. A couple of track record-boosting IPOs would help matters
India exits: Diamonds in the rough
Exit opportunities are available for savvy investors in India, and market professionals say prospects are good in the long term. But GPs are likely to continue to find the near future difficult
India's Kalaari Capital backs two domestic start-ups
Indian technology investor Kalaari Capital has invested $6 million across domestic start-ups, AffordPlan and Active Intelligence.
Piramal invests $73m in India's Acme
India’s Piramal Enterprises has invested INR5 billion ($73 million) in Indian renewable energy and telecom solutions company Acme Cleantech Solutions.
Infosys backs Stellaris' debut India venture fund
Indian IT and business consulting firm Infosys has made a INR31.6 million ($4.6 million) LP commitment to the debut fund of Stellaris Venture Partners, a spin-out from Helion Venture Partners.
Lightspeed leads $4m round for India's ShareChat
Lightspeed Venture Partners has led a $4 million Series A round for Indian social networking platform ShareChat.
Sequoia, Mayfield in $19m Series C for India's Knowlarity
Sequoia Capital India and Mayfield have participated in a INR1.3 billion ($19.3 million) Series C round for Indian cloud telephony solutions provider Knowlarity Communications.
Sequoia invests $5m in India's Vymo
Sequoia Capital India has committed $5 million in Series A funding to Vymo, an enterprise sales assistant based in India and the US.
India's Quikr buys Sequoia, Kalaari-backed Grabhouse
Indian classifieds site Quikr has purchased Grabhouse, a rental property listing platform backed by Sequoia Capital and Kalaari Capital.
LGT leads $10m Series B for India's Aye Finance
LGT Impact Ventures, the impact investment arm of LGT Group, has led a $10 million Series B round for Indian small business-focused microfinance institution (MFI) Aye Finance.
Deal focus: Eight Roads bets on IFMR as a credit hub
Eight Roads sees IFMR Capital as the backbone India's financial services sector needs in order to support growing but still vulnerable non-banking financial companies
Portfolio: IVFA and India's HiCare
IVFA bought HiCare with an eye to cornering India’s nascent pest control market, but the firm’s ambitions for the company are much greater
India's IL&FS closes latest fund at $60m
IL&FS Investment Managers (IIML), the private equity arm of India's Infrastructure Leasing and Financial Services, has reached a final close of $60 million on its latest growth fund.
GIC invests $50m in India's Capital First
Singapore sovereign wealth fund GIC Private has invested INR3.4 billion ($50.3 million) in Capital First, an Indian non-banking financial company (NBFC) backed by Warburg Pincus.