Nykaa, an online retailer of cosmetic and fashion products in India, has raised INR1 billion ($13 million) in a funding round led by Steadview Capital.
The Blackstone Group has purchased shares worth INR51.7 billion ($67.9 million) to increase its stake in Indian IT services provider Mphasis by 4.01% to 56.21%.
MedGenome, an India-focused provider of genetic testing solutions, has raised $55 million in a funding round led by LeapFrog Investments.
Capital Square Partners’ acquisition of Indian business processing outsourcing (BPO) player Aegis ultimately helped two different companies find global relevance after a turbulent and disruptive decade
Juspay, a developer of mobile payment solutions for online businesses, has raised $21.6 million in a Series B round led by Vostok Emerging Finance, a Swedish investment firm.
Unicorn India Ventures, a Mumbai-headquartered seed investor, has achieved a first close of INR900 million ($11.9 million) on its second venture capital fund.
The Carlyle Group achieved an 8x return through a partial exit via SBI Cards’ IPO. The private equity firm still holds a 16% stake and is a resolute believer in the growth potential of India’s credit card market
India's private debt markets lack coordination and standardization. Vivriti Capital hopes to fix this by bringing issuance online. LGT Lightstone Aspada has provided $50 million in support of this effort
Sanjib Kumar Jha, co-founder of private equity firm Avaana Capital, has been appointed CEO of struggling Indian online insurance marketplace Coverfox.
India Grid Trust (IndiGrid), an infrastructure investment trust backed by KKR and GIC Private, has acquired a power distribution company in northeast India for INR10.2 billion ($134 million).
Gaja Capital put its India buyout philosophy to the test with EuroKids International in 2013. Operational improvements – and a lucrative exit – have vindicated the approach
Norwest Venture Partners has led a INR3.5 billion ($46 million) Series E round for Veritas Finance, an Indian non-banking finance company (NBFC) that issues loans to micro, small and medium-sized enterprises (MSMEs).
Founders, promoters and private equity investors in Indian companies will be able to pursue domestic IPOs with superior voting rights following amendments to existing regulations.
IL&FS Investment Managers (IIML), the private equity arm of India’s Infrastructure Leasing & Financial Services (IL&FS), has announced the departure of CEO Krishna Kumar Gangadharan.
Indian hotel platform Oyo has concluded a $1.5 billion Series F round by raising $807 million from RA Hospitality Holdings, an entity controlled by founder and CEO Ritesh Agarwal, and SoftBank Vision Fund.
Spinny - alongside industry peer Truebil - has taken the used car sales model that works for Carvana in the US and applied it to India. Combining online reach with offline legitimacy is the key
LGT Lightstone Aspada has led a $50 million Series B round for Vivriti Capital, which operates CredAvenue, an Indian platform that helps companies raise debt.
Binance, a cryptocurrency exchange reportedly based in Malta, has launched a $50 million fund that will invest in “projects and start-ups” in India that will use blockchain technology.
The Carlyle Group has generated proceeds of approximately INR70.3 billion ($951 million) through a partial exit from SBI Cards & Payments, the State Bank of India's (SBI) credit card issuing arm, through a recent IPO.
Martin Tschopp, head of Prosus Ventures – formerly a VC arm of South African media conglomerate Naspers – discusses future plans and emerging internet consumer trends
Gateway Partners, an emerging markets-focused private equity firm based in Singapore, has invested $100 million in TVS Supply Chain Solutions (TVS SCS), an Indian supply chain management services company.
A group of investors including Y Combinator, Sequoia Capital India and angel investors have contributed $4.7 million in funding to FamPay, a social network for Indian teenagers centered on a parent-supervised payment service.
Having raised $595 million for its second healthcare fund, Singapore-headquartered Quadria Capital has a bulky war-chest for investments in fast-growing companies in India and Southeast Asia
University of Tokyo Edge Capital built an unusual bridge between the start-up worlds of Japan and India when backed Tricog's artificial intelligence-enabled healthcare solution