South Asia
WestBridge increases holding in Indian tire maker
India's WestBridge Capital Partners has increased its stake in CEAT, a publically-listed tire manufacturer headquartered in Mumbai.
SCPE, IFC, ADB back India affordable housing JV
Standard Chartered Private Equity (SCPE), the International Finance Corporation (IFC) and the Asian Development Bank (ADB) have formed an affordable housing joint venture with Indian real estate giant Shapoorji Pallonji.
KKR to invest $150m in Indian polyester manufacturer
KKR has agreed to invest $150 million in JBF Industries, an India-based polyester products manufacturer, with a portion of the capital going to the company’s international subsidiaries.
India's TripFactory raises Series A round from Aarin Capital
Aarin Capital has committed a Series A round to Indian online travel agent TripFactory.
BNP Paribas to acquire PE-backed Sharekhan
French bank BNP Paribas has agreed to acquire Indian retail brokerage Sharekhan from its private equity backers.
Indian home services portal Zimmber raises $2m
IDG Ventures and Sherpalo Ventures have taken part in a $2 million pre-Series A round for Rejuvenate Solutions, operator of Indian home services portal Zimmber.
Tata Capital joins consortium buying Blackstone's Agile stake
A consortium comprising Igarashi Electric Works (IEW), Mape Securities and Tata Capital Growth Fund I have bought The Blackstone Group’s 97.9% stake in Agile Electric, India’s leading electric motor manufacturer.
SAIF, Tiger in $50m round for online discount start-up
Paytm has joined SAIF Partners and Tiger Global to lead a $50 million round of funding for Little, an Indian online discount start-up launched by the founders of fashion e-commerce platform Zovi.
IVFA reaches $700m final close on India fund
India Value Fund Advisors (IVFA) has reached a final close on its fifth India-focused fund at the hard cap of $700 million.
PE backers set for partial exits in HealthCare Global's India IPO
HealthCare Global Enterprises (HCG), a private equity-backed Indian cancer care hospital chain, has filed for an IPO.
India's VC-backed Jugnoo buys ride hailing app BookMyCab
Indian autorickshaw-hailing start-up Jugnoo, a portfolio company of Snow Leopard Technology Ventures, has bought taxi aggregator BookMyCab for an undisclosed sum.
Anjali Bansal hired as Asia, Africa partner at TPG Growth
TPG Growth - the mid-market growth equity platform of TPG Capital - has hired Anjali Bansal as partner and managing director. She will focus on human resources in Asia and Africa.
Deal focus: MedGenome aims to fill the sequencing gap
India's vast assortment of ethnic groups represents a golden opportunity for MedGenome. The 2,000 groups that inhabit the subcontinent are a treasure trove of information waiting to be harvested and put to work.
India's furniture retailer Pepperfry raises $100m
Online furniture retailer Pepperfry has raised $100 million in Series D funding from a group of investors including Goldman Sachs and Zodius Technology Fund.
Tata Opportunities Fund invests $55m in Tata Projects
The Tata Opportunities Fund (TOF) - the flagship fund managed by Indian conglomerate Tata Group's corporate investment arm, Tata Capital - has invested INR3.35 billion ($55 million) in the group's engineering, procurement and construction (EPC) services...
SAIF India backs watch components supplier KDDL
SAIF Partners India has invested INR300 million ($4.7 million) in KDDL, an Indian manufacturer of watch components.
L Capital Asia exits India's PVR
L Capital Asia has fully exited its remaining stake in Indian cinema chain operator PVR Cinemas for INR4.8 billion ($76 million).
Orios launches $150m India early-stage fund
Indian VC firm Orios Venture Partners has launched a new $150 million fund to support start-ups in various branches of the technology sector.
Sequoia commits $20m to Indian gene researcher MedGenome
Sequoia Capital has committed $20 million in Series B funding to Indian genomic diagnostic and research service provider MedGenome.
Matrix, Falcon Edge in $25m Series C for India's Mswipe
Indian mobile point-of-service (POS) developer Mswipe has raised $25 million in Series C funding from a group of investors including Matrix Partners, Falcon Edge Capital and Meru Partners.
Tiger Global, Flipkart commit $12m to India's NestAway
Indian e-commerce giant Flipkart and its backer Tiger Global have together invested INR760 million ($12 million) in online home rentals start-up NestAway.
India QSR: Hungry for growth
India’s quick service restaurant (QSR) space is poised for massive growth, but translating that into private equity returns is a challenge. Logistics and real estate are the primary obstacles to achieving scale
Deal focus: Blume re-ups with RoadRunnr
With the mega-rounds raised by the likes of Snapdeal and Flipkart grabbing headlines over the past 18 months, the e-commerce space has been at the vanguard of India’s venture capital boom. But as well as offering a platform for a new generation tech start-ups,...
Warburg Pincus commits $284m to India's Piramal Realty
Warburg Pincus has agreed to invest INR18 billion ($284 million) in Piramal Realty, the real estate development arm of Indian conglomerate Piramal Group.