Indian VC firm Inventus Capital has led a INR200 million ($2.6 million) funding round for local electric vehicle (EV) manufacturer Euler Motors.
Existing investor Blume Ventures, which led an INR150 million seed round last year, also took part in the Series A fundraise, according to a statement. Jetty Ventures, a local VC associated with a Dubai-based...
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.