Articles by Suhas Bhat
IFU leads $23m Series B for Indian agrilogistics firm
Leap India Food Logistics (LIFL), an Indian agricultural warehousing and logistics firm, received INR1.64 billion ($23 million) in a Series B round led by the Investment Fund for Developing Countries (IFU), a Danish development finance institution.
India's Ascent invests in women's pharma producer
Indian private equity firm Ascent Capital has invested INR1.25 billion ($17.5 million) in Naari Pharma, a women's health pharmaceutical business focused on hormonal generics.
MSPEA backs Indian affordable housing financier
Morgan Stanley Private Equity Asia (MSPEA) has invested INR1.9 billion ($26.6 million) in Centrum Housing Finance (CHF), an Indian non-banking financial company (NBFC) that offers loans for affordable housing projects.
Brookfield buys into Everstone's India NBFC
Brookfield Asset Management has offered to buy up to 40% of IndoStar Capital, an Indian non-banking financial company (NBFC) established by Everstone Group, for INR14.5 billion ($202 million).
RTP Global, Sequoia lead Series B for India's MoneyTap
Indian app-based lending start-up MoneyTap has raised $70 million in a Series B round led by Aquiline Technology Growth (ATG), RTP Global, and Sequoia India.
India's JSW Ventures seeks $50m for second fund
A corporate venture capital unit of India's JSW Steel is looking to raise INR3.5 billion ($50 million) for its second fund, with a first close scheduled within a fortnight.
India's Bizongo gets $30 million Series C
Indian B2B packaging marketplace Bizongo raised $30 million in a Series C round led by Schroder Adveq.
Tiger Global, Steadview lead Series B for LogiNext
India-focused route optimisation software firm LogiNext raised $39 million in a Series B round led by Tiger Global Management and Steadview Capital.
Accel, B Capital ride Series D for India's Bounce
Indian scooter rental platform Bounce has raised $105 million in a Series D round led by Accel Partners and B Capital Group.
Temasek, EQT back India renewable energy platform
Singapore’s Temasek Holdings and Sweden’s EQT will commit $500 million to the launch and development of O2 Power, a renewable energy platform in India.
Sony Innovation Fund leads Series D for India's Zoomcar
Indian self-driving rental platform Zoomcar has raised $30 million in Series D funding with a contribution from a Sony-branded fund managed by Innovation Growth Ventures.
True North buys another unit from India's Glenmark
Mumbai-based Glenmark Pharmaceuticals has agreed to sell its gynecology operations in India and Nepal to a True North portfolio company for $16.2 million.
Zomato acquires India business of Uber Eats
Uber’s foray into food delivery in India has come to an end with the sale of the business to local peer Zomato through an all-stock deal.
India's Wipro Ventures raises $150m for second global fund
Wipro Ventures, a venture capital investment arm of the eponymous Indian enterprise software provider, has raised $150 million for its second fund.
Venture Highway raises $79m for second India seed fund
New Delhi-headquartered venture capital firm Venture Highway has raised $78.6 million for its second fund, which will focus on early-stage investments in technology start-ups.
GPs need more than just an ESG mindset
Private equity firms must move beyond approaching investments simply with an ESG mindset and cultivate a more results-driven approach to environment, social and governance issues, industry participants told the Hong Kong Venture Capital & Private Equity...
India buyout market set to grow in 2020s
Indian investors at the Hong Kong Venture Capital & Private Equity Association’s (HKVCA) Asia Forum forecast rising opportunities for control deals in the early 2020s.
Ankur achieves first close on second India VC fund
Ankur Capital, an Indian early-stage investor focused on healthcare and agriculture technology investments, has reached a first close of INR2.4 billion ($33 million) on its second fund.
Tiger Global commits $300m to India's Byju's
Tiger Global Management has led a $300 million funding round for India-based online learning platform Byju’s, joining an investor roster that already includes Tencent Holdings, General Atlantic, Naspers Ventures, Sequoia Capital India, and the Chan Zuckerberg...
India's Zomato taps Ant Financial again for $150m
Ant Financial has invested $150 million in Indian restaurant discovery and food delivery platform Zomato, pushing the company's valuation to $3 billion.