South Asia
Tiger Global leads Series A for India online hotel booker
Tiger Global Management has led an undisclosed Series A round for Zostel Hospitality, the Indian start-up behind online budget hotel booking platform Zo Rooms. Orios Venture Partners also took part in the round.
India's IVFA commits $30m to restaurant chain operator
India Value Fund Advisors (IVFA) will invest $30 million in India's DeGustibus Hospitality, the owner and operator of several popular restaurant brands.
Snow Leopard invests $1.6m in India's QuikWallet
LivQuik, the Mumbai-based developer of mobile payment app QuikWallet, has raised $1.6 million from existing backer Snow Leopard Technology Ventures.
India's PE-backed Mindtree to buy US, UK-based IT firms
Indian IT services firm Mindtree, which is backed by Nalanda Capital and Global Technology Ventures Limited, will buy US-based Relational Solutions and UK-based Bluefin for a total of $76 million.
Sequoia-backed NewsHunt acquires Indian e-commerce portal
Ver Se Innovation, the owner of Indian news aggregation app NewsHunt, has acquired Rocket Science Innovation, parent of online price comparison and recommendation platform BuyT for an undisclosed amount.
Sequoia, Nexus, Blume in $11m Series A for India's RoadRunnr
Indian business to business (B2B) delivery logistics service RoadRunnr has raised $11 million in Series A funding from Sequoia Capital, Nexus Venture Partners and Blume Ventures.
Fairfax offers to buy 26% stake in India's Carlyle-backed IIFL
Canada-based Fairfax Financial Holdings has offered to buy a 26% stake in Carlyle-backed financial services company IIFL Holdings Limited for INR16 billion ($255 million).
2Q analyisis: The bulls hesitate
China's equities wobble is unlikely to discourage companies from local listings, and a rise in renminbi fundraising could result; Asia investment hits record high; public market sales dominate exit activity
Accel leads $10m Series B round for MySmartPrice
Accel Partners has led a $10 million Series B round for Indian online price comparison and discovery platform MySmartPrice. Helion Ventures also took part in the round.
SAIF Partners names former Freecharge CEO as MD
Alok Goel, former CEO for Indian mobile recharge service FreeCharge, has joined private equity firm SAIF Partners as its new managing director.
India call center software provider raises $5m Series A round
Indian call center software developer Ameyo has raised $5 million in Series A funding from PE firm Forum Synergies.
Goldman Sachs commits $10m to India's Azure
Goldman Sachs has invested INR650 million ($10 million) in Indian restaurant chain operator Azure Hospitality.
Taiwan's Foxconn plans VC fund for Indian start-ups
Taiwanese electronics manufacturer Foxconn Technologies plans to set up an India dedicated venture capital fund and an incubator to support local start-ups.
Accel, Dragoneer, IvyCap lead $16m round for online jeweler BlueStone
Indian online jewelry retailer BlueStone has raised INR100 million ($16 million) from a group of investors led by Accel Partners, IvyCap Ventures and Dragoneer Investments.
Tiger Global invests $20m in Indian news app News in Shorts
Tiger Global has committed $20 million in Series B funding to Indian news curating and redistribution platform News in Shorts.
Indian doctor search app Lybrate secures $10m
Tiger Global has led a $10.2 million Series B round investment in Indian doctor search app Lybrate.
Sequoia, others commit $11m to India's Zoomcar
Indian car rental company Zoomcar has raised $11 million in funding from existing investors Sequoia Capital and Empire Angels, with participation from newcomer Nokia Growth Partners.
Helion leads $30m round for big data start-up Axtria
Helion Venture Partners has led a $30 million investment in US-based big data analytics firm Axtria. Silicon Valley venture capitalist Gururaj Deshpande also participated in the round alongside existing angel investors Amar Sawhney, Rick Braddock and...
Indian music streaming service Saavn raises $100m
Tiger Global has led a $100 million Series C round for Indian music streaming service Saavn, with participation from Bertelsmann India Investments, Steadview Capital, Mousse Partners and Liberty Media.
India IPOs: Best intentions
Should Cafe Coffee Day, the largest player in India's chained café market, succeed in raising INR11.5 billion ($180 million) in its IPO, it would be the largest PE-backed offering on a domestic bourse in close to eight years.
Hillhouse, Sofina lead $29m round for India's Hector Beverages
Beijing-based Hillhouse Capital and Belgium's Sofina have led a $29 million Series C round for Indian drink maker Hector Beverages.
Amazon leads $60m round for India's BankBazaar
Amazon India has led a INR3.75 billion ($60 million) Series C round for Indian financial marketplace BankBazaar.com, with participation from Fidelity Growth Partners and Mousse Partners, along with existing investors Sequoia Capital and Walden International....
Ratan Tata joins Jungle Ventures as special advisor
Ratan Tata - chairman emeritus of Tata Sons, holding company for India conglomerate Tata Group - has joined Singapore-based early-stage investor Jungle Ventures as a special advisor.
SAIF commits $5m in Series A funding to India's Zoomo
SAIF Partners has led a $5 million Series A round of funding for YoungMonk Technologies, the start-up behind peer-to-peer (P2P) used car marketplace Zoomo.