India
Deal focus: Ambit backs digital media transformations
Prime Focus Technology develops systems that ease the burden on media providers struggling with the demands of a digital age. New investor Ambit Pragma will help the company expand its reach
Apax in $102m partial exit from India's Cholamandalam
Apax Partners has made a partial exit from Indian non-banking finance company (NBFC) Cholamandalam Investment & Finance, generating proceeds of $102 million.
Advent, Temasek fall short in bid for control of Crompton Greaves unit
Temasek Holdings and Advent International have closed their open offer for Crompton Greaves Consumer Electricals (CGCEL), the former consumer products unit of India's Crompton Greaves, having failed to acquire a controlling stake in the company.
India's Paytm confirms $60m round
Indian mobile payment and e-commerce platform Paytm has raised $60 million from Mountain Capital, the investment arm of Taiwan-based microchip manufacturer MediaTek.
Blackstone ups stake in India's Mphasis to 60%
The Blackstone Group has completed its purchase of Indian IT services provider Mphasis from Hewlett Packard, raising its stake in the company to 60% for a total payment of about $825 million.
Apis, ICICI invest in India's Star Health
Apis Partners and ICICI Venture have invested in Indian health insurance provider Star Health & Allied Insurance.
Accel invests $7m in India's Mihup
Accel Partners has invested over INR450 million ($6.7 million) in Indian artificial intelligence-enabled personal assistant app developer Mihup Communications.
Deal focus: NGP diversifies across modern mobility
Nokia Growth Partners saw India's Zoomcar as potential star at the nexus of car connectivity, marketplace platforms and technology-driven transport solutions. Now it is backing the company's car-sharing model
Ambit Pragma invests in India's Prime Focus
Indian mid-market PE firm Ambit Pragma has invested in Prime Focus Technology (PFT), a subsidiary of Indian media services company Prime Focus.
India renewables: Streams to rivers
Indian investors feel that despite recent problems with yieldcos on the global market, the model still holds promise for the country’s renewable energy sector
Sequoia leads $27m round for India, US-based Mitra
Sequoia India and US-based Sands Capital Ventures have led a $27.4 million Series B round of funding for Mitra Biotech, an India and US-based company that focuses on personalized cancer therapies.
Bessemer leads $15m round for India's LivSpace
Bessemer Venture Partners has led a INR1 billion ($14.9 million) funding round for Indian online home design portal LivSpace.
Net1 invests in VC-backed Indian mobile wallet start-up
Net1, a NASDAQ-listed payment services provider with a presence in South Africa and Korea, has committed $40 million to Mobikwik, an Indian mobile wallet start-up that has received several rounds of VC funding.
India's Paragon leads $16.5m round for domestic machinist
Indian private equity firm Paragon Partners has led a INR1.1 billion ($16.5 million) investment in domestic engineering components supplier Maini Precision Products (MMPL).
I Squared's toll road platform buys IL&FS asset for $21m
Cube Highways and Infrastructure, the India toll road and transportation investment platform of I Squared Capital, has bought a toll road asset from IL&FS Transportation Networks for INR1.4 billion ($20.9 million).
IFC, SeaLink invest $15m in Indian clinic chain
SeaLink Capital Partners and the International Finance Corporation have committed a INR 1 billion ($14.9 million) Series C round to India-based dialysis clinic chain NephroPlus.
Ford leads $24m round for VC-backed India car rental start-up
Ford Motor Company has led a $24 million Series B round of funding for India-based car rental start-up Zoomcar, alongside existing investors Sequoia Capital, Nokia Growth Partners (NGP) and Empire Angels.
Piramal, Bain form distressed asset partnership
Indian conglomerate Piramal Enterprises has partnered with Bain Capital Credit to invest in distressed assets and restructuring situations in India.
IFC invests $125m in Indian renewable energy platform
The International Finance Corporation (IFC), the investment arm of the World Bank, will invest up to $125 million in Hero Future Energies (HFE), a renewable energy platform based in India.
India's PE-backed Laurus Labs file for IPO
Indian pharmaceutical products developer Laurus Labs has filed for a domestic IPO, offering a partial exit for backers Warburg Pincus and Eight Roads Ventures.
Indian recruiters launch $10m VC fund
Indian recruitment companies Kelly Services India and Temp Holdings have launched a INR670 million ($10 million) venture capital fund focused on human resources-focused start-ups.
India biopharma player Vyome gets $14m Series C
Indian biopharmaceutical company Vyome Biosciences has raised a $14 million Series C funding round led by US investors Perceptive Advisors and Romulus Capital.
WestBridge invests $11m in India's La Opala
WestBridge Capital Partners has invested INR77 million ($11 million) in Indian tableware retailer La Opala.
Brand Capital commits $19m to India's Quikr
Brand Capital, an investment arm of The Times Group, has invested INR1.3 billion ($19 million) in Indian online classifieds services provider Quikr.