US retailer Walmart and Flipkart, its India-based e-commerce platform, have made an additional investment in local fresh produce delivery business Ninjacart.
Indian digital payments start-up Razorpay has achieved unicorn status following a $100 million Series D round led by GIC Private and Sequoia Capital India.
PAG Asia Capital has made its second substantial investment in India in the past two months, leading a consortium that has agreed to acquire a controlling stake in Anjan Drug, a Chennai-based manufacturer of active pharmaceutical ingredients (API).
SAIF Partners India has launched its fourth VC fund with a target of $400 million.
Abu Dhabi Investment Authority (ADIA) has become the latest investor to follow its commitment to Reliance Industries-owned Jio Platforms with an investment in Indian conglomerate’s retail unit.
Chargebee, an India-founded and now US-headquartered financial technology provider, has raised $55 million in Series F funding led by Insight Partners.
Investcorp will establish an environment, social and governance (ESG) pilot project in India as a stepping stone to implementing a global framework.
Warburg Pincus has agreed to invest INR7 billion ($95.7 million) in Home First Finance, an India-based provider of home loans to the low and middle-income segments.
Singapore’s GIC Private has committed INR55.1 billion ($754 million) to the retail unit of Indian conglomerate Reliance Industries, joining a growing roster of blue-chip backers.
Inshorts, an Indian news aggregation app, has raised $35 million in funding led by Addition, an investment firm launched by Lee Fixel, who was previously involved in Tiger Global Management’s India deals.
Bain Capital-controlled data center operator Chindata Group Holdings gained 20% on its NASDAQ trading debut following a $540 million IPO.
Prosus Ventures, formerly a VC arm of South African media conglomerate Naspers, has led a $12 million Series B round for Pakistan ride-hailing and courier app Bykea.
General Atlantic, TPG and Mubadala Investment have doubled down on Reliance Industries’ plans to reinvent digital consumer services in India, following earlier commitments to Jio Platforms with investments in the conglomerate’s retail unit.
When venture capital firms move into Southeast Asia, they often use existing operations in China or India as a launching pad. Different lessons can be learned from these two markets
ShareChat, a social networking platform that focuses on Indian vernacular languages, has raised $40 million in a pre-Series E funding round.
Iron Pillar has led a $23 million Series C round of funding for Servify, an India-headquartered start-up that integrates parties involved in smart device retail with a view to improving customer service experience.
As social distancing and travel restrictions play havoc with traditional conferences, Airmeet has seen a spike in demand for its virtual alternatives. A Series A round duly followed
KKR has followed up its investment in Jio Platforms, the holding company for a variety of digital assets owned by Reliance Industries, with a INR55.5 billion ($755 million) commitment to the Indian conglomerate’s retail unit.
SIG Asia, RTP Global, MDI Ventures and Pegasus Tech Ventures have led a $90 million Series C round for Mobile Premier League (MPL), an India-based mobile gaming platform.
The Blackstone Group has made a partial exit from Indian packaging manufacturer Essel Propack (EPL) – which provides the tubes to 40% of the world’s toothpaste – generating proceeds of INR18.6 billion ($253.4 million).
Increased climate change awareness on a corporate level is leading to more investment – either direct or through funds – in start-ups that offer mitigation solutions. Asia is a key geography
Acko, an Indian financial technology start-up touted as the country’s only digital-native insurer, has secured a $60 million investment featuring Amazon and two global insurance providers.
For Canada Pension Plan Investment Board, COVID-19 has reinforced the key tenets of its Asia investment strategy, from being flexible on timeline to putting boots on the ground
Sequoia Capital India has led a $12 million Series A round for US-based and Asia-focused virtual events platform provider Airmeet.