The International Finance Corporation (IFC) plans to invest $10 million in the second fund raised by Endiya Partners, an early-stage venture capital investor based in India.
Last year, the VC firm reached a first close of $40 million against a target of $70 million. Endiya had said most of the LPs from its debut fund - a INR1.7 billion ($25 million) vehicle raised in 2017...
Manila-based private equity firm Navegar has closed its second Philippines fund with $197 million in commitments. The initial target was $150 million.
Singapore-headquartered investment firm Blue Ashva Capital has secured a first close of INR4.5 billion ($60 million) for an India-domiciled fund that will invest in small and medium-sized enterprises (SMEs) and start-ups.
Investcorp has led a $56 million Series C round for Indian managed co-living accommodation platform operator Zolo.
Energy giant BP has agreed to invest $70 million in Green Growth Equity Fund (GGEF), a PE vehicle co-managed by Everstone Group that invests in sustainable infrastructure projects in India.