Canada Pension Plan Investment Board (CPPIB) has been cleared to acquire a stake of up to 8% in Indian e-commerce logistics service provider Delhivery.
Kotak Mahindra Group hopes his longstanding experience in financial services will serve as a differentiator as it looks for deals in India's increasingly popular distressed space
Chiratae Ventures has led a $7.5 million Series A round for Miko, an India-based developer of robots for children.
Twitter has led a $100 million round for Indian social networking platform ShareChat with support from private equity investor Trustbridge Partners.
Asian VCs have backed a $51 million Series C round for Uniphore, an India and US-based artificial intelligence (AI) developer focused on speech recognition.
CSB, an Indian private bank with several private equity backers, has filed for an IPO that is expected to raise at least INR300 million ($4.2 million). It is the first PE-backed IPO filing in more than nine months.
The Kotak Special Situations Fund, which is sponsored by an alternative assets arm of Kotak Mahindra Group focused on Indian non-performing loans (NPLs), has reached a final close of $1 billion.
Bertelsmann India Investments has led a $30 million funding round for Rupeek, an India-based online gold loan marketplace.
Naspers has led a $125 million round for Indian e-commerce platform Meesho with support from Facebook and a number of existing VC investors.
Indian financial technology platform Lendingkart has raised a INR2.1 billion ($29.9 million) Series D round from existing investors Fullerton Financial Holdings, Bertelsmann India Investment, and India Quotient.
Women remain underrepresented in start-up ecosystems across Asia, but for those who have taken the plunge, there is potential to make a social impact that transcends their respective target markets
Invest2Innovate, an accelerator program for technology start-ups in emerging markets, has launched a $15 million venture capital fund focused on Pakistan.
UK government-backed development finance institution CDC Group has led a $21 million round for Indifi Technologies, a company that facilitates loans for small to medium-sized enterprises (SME) in India.
Indian co-working space provider GoWork has raised a $53 million round of debt financing led by BlackRock’s private credit team, with participation by CLSA Capital Partners’ special situations group.
As women participate in economies across Asia in larger numbers, investors must consider how this impacts their target markets. Gender-balanced portfolios will no longer be a nice-to-have
Singapore’s GIC Private has agreed to invest up to INR44 billion ($621 million) in nine toll road assets controlled by Indian private road and highway firm IRB Infrastructure Developers.
Indian private equity firm ChrysCapital has led a $30 million Series D round for local co-working player Awfis Space Solutions.
AustralianSuper and Ontario Teachers’ Pension Plan (OTPP) have agreed to commit up to $1 billion each to the National Investment & Infrastructure Fund (NIIF), a vehicle backed by the Indian government.
India-based local services marketplace UrbanClap has raised a $75 million Series E round led by Tiger Global Management that will provide an exit for some unnamed investors.
Partial exits from Oyo by Sequoia Capital India and Lightspeed India Partners underline the importance of securing liquidity from a technology unicorn while it is still on the rise
India’s Alteria Capital closes its debut fund with about $140 million in commitments and a plan to provide venture debt at later stages. Ecosystem creation is a guiding objective
Affirma Capital, a PE firm launched last year as a spin-out of Standard Chartered’s private equity business, has completed its first transaction as an independent firm with a $50 million investment in Indian supplements maker Tirupati Medicare.
The Blackstone Group has invested INR5.4 billion in India-listed integration retailer Future Lifestyle Fashions (FLF) through an open market transaction.
Indian PE and VC investors expect domestic and overseas public markets to become increasingly attractive exit avenues for their portfolio companies as the global macroeconomic volatility dissipates