Backing small business lender BRAC Bank and establishing an office in Dhaka is part of CDC Group's wider plan to more than double its exposure to Bangladesh over the next three years
B2B marketplace Udaan has achieved unicorn status faster than any of its illustrious Indian forbears. A readymade national broadband infrastructure certainly helped
India and US-focused Inventus Capital Partners has closed its third fund at INR3.6 billion ($52 million). It is the early-stage investor's first vehicle dedicated solely to India.
Creador has led a INR3 billion ($42 million) Series C round for Kogta Financial, a non-banking finance company (NBFC) looking to deepen its penetration in India’s central and western states.
Indian hotel platform Oyo has raised $700 million from RA Hospitality Holdings, an entity controlled by founder and CEO Ritesh Agarwal, as part of a Series F round targeting $1.5 billion.
Having won support from HarbourVest Partners to spin out a portfolio from his former employer, Norwest Venture Partners, Mohan Kumar is taking aim at India's underdeveloped enterprise software space
Human resources software provider Darwinbox is among the Indian business services players leading the charge into Southeast Asia
Everstone Group has appointed Vibhor Kumar Talreja, who previously spent 12 years with Temasek Holdings in India, as a managing director in its private equity business.
India’s Udaan has closed its Series D round at $585 million, with the latest contribution featuring Tencent Holdings and the VC arm of Citi. It values the B2B online marketplace at $2.5-3 billion.
UK-based development finance institution CDC Group has cemented its presence in Bangladesh through an investment in local lender BRAC Bank and the naming of a country director.
US private equity firm New Mountain Capital has agreed to acquire Emids, a US-headquartered business process outsourcing (BPO) provider with extensive operations in India, for an undisclosed sum.
Japan Industrial Partners (JIP) is poised to complete two manufacturing carve-outs in the copper tube manufacturing space, having agreed to acquire a majority stake in a Kobe Steel-Mitsubishi Material joint venture and buy a division from Furukawa Electric.
Having raised $305 million for its latest India and Southeast Asia fund, Vertex Ventures is looking to tap into themes of technological advancement common to both geographies
Sequoia Capital India has led a $15 million Series B round for Indian human resources (HR) technology platform Darwinbox.
OfBusiness, an Indian smart financing services provider for small to medium-sized enterprises (SME) has received an INR2.5 billion ($35 million) Series D round led by Norwest Venture Partners.
HarbourVest Partners has spun out part of the Norwest Venture Partners India portfolio into a new fund to be managed by Avataar Venture Partners.
LGT Group aims to create new inroads for global investors looking to enter the impact space by acquiring Aspada, an Indian platform focused on digital inclusion and small business finance
Groww, an Indian financial technology provider focused on mutual fund investment services, has raised a $21.4 million Series B round led by US-based Ribbit Capital.
Vertex Ventures, a VC arm of Singapore’s Temasek Holdings, has closed its fourth Southeast Asia and India fund at $305 million, beating an initial target of $230 million.
Lightbox Ventures has raised $209.3 million for its third India-focused fund, exceeding an initial target of $200 million.
Lightspeed Venture Partners and Tiger Global Management have led a $67 million Series B round for Indian financial technology player OkCredit.
The Overseas Private Investment Corporation (OPIC), a development finance arm of the US government, will invest $185 million in India’s small to medium-sized enterprise (SME) sector.
The premium traditionally paid for deal-making talent in China over other Asian jurisdictions is narrowing and in some cases has turned into a deficit – in what might be seen as evidence of GPs looking to strengthen their coverage beyond the region’s...
Mithril Capital, a US-based VC firm launched by PayPal co-founder Peter Thiel, has invested $45 million in Glance, an Indian smart phone media service provider.