South Asia
AIF sells India's Famy Care to US-listed Myland for $750m
AIF Capital has sold its stake in Famy Care, an Indian maker of female oral contraceptives, to US-based pharmaceutical firm Mylan Laboratories for $750 million plus contingent payments of up to $50 million.
India's IL&FS reaches $40m first close on growth fund
India's IL&FS Investment Managers (IIML) - the PE unit of Infrastructure Leasing & Financial Services - has made a first close on its latest growth fund at $40 million.
Valiant leads $26m Series D for India's FirstCry
Valiant Capital Partners has led a $26 million Series D round for Brainbees Solutions, the Indian start-up behind babies and children-focused retailer FirstCry.com.
L Capital Asia exits India's PVR Leisure via share buyback
L Capital Asia has exited its stake in PVR Leisure, a unit of India multiplex operator PVR, via a share buyback arrangement with the parent.
Canada's Fairfax Financial raises $1b for India investment unit
Canada-based Fairfax Financial Holdings has raised $1 billion for its recently-formed India investment unit through a combination of an IPO and a private placement.
CDC invests $25m in rural-focused India rail freight business
CDC Group, the UK development finance institution (DFI), has committed $25 million to Indian railway freight handler Pristine Logistics.
Clearwater makes partial exit from India's Oricon
Special situations investor Clearwater Capital Partners has made a partial exit from Mumbai-listed diversified company Oricon Enterprises, selling a 2.9% stake via an open market trade.
Hillhouse leads Series B for India auto portal CarDekho
Hillhouse Capital has led a Series B round of funding worth $50 million for GirnarSoft, owner and operator of India-based automobile trading platform and information portal CarDekho.
Goldman backs Antuit's big data ambitions
Various factors influence the amount of milk a cow produces – breed, diet, weather, living conditions and the calving cycle among them. Working with one of its clients, dairy giant Fonterra, Singapore-headquartered big data analytics firm Antuit now collects...
Asia start-ups: The SoftBank effect
SoftBank has laid down a marker in Asia’s technology space over the past six months, investing nearly $2 billion and promising much more. What does this say about the Japanese giant’s broader ambitions?
Kaizen backs India's Impartus Innovations
Education-focused Indian GP Kaizen Private Equity has made a $4.1 million Series A investment in video learning platform Impartus Innovations.
Frontier markets-focused classifieds platform receives $40m
Saltside Technologies, which operates online classifieds platforms in Bangladesh, Sri Lanka and Ghana, has received a $40 million round of funding led by Chinese investor Hillhouse Capital.
India's Suzlon sells German unit to Centerbridge
Suzlon Energy, an India-headquartered wind-turbine manufacturer, has sold its German subsidiary - Senvion - to Centerbridge Partners in EUR1 billion ($1.16 billion) deal.
Blackstone exits India's Agile Electric for $106m
The Blackstone Group has agreed to sell its entire stake in Indian auto parts maker Agile Electric Sub Assembly to Japan's Igarashi Electric Works (IEW), and Indian boutique investment bank MAPE Advisory Group, in a $106.4 million deal.
Goldman leads $56m round for big data firm Antuit
Goldman Sachs has led a $56 million round of funding for Antuit, a Singapore-headquartered big data analytics start-up. Zodius Capital, which provided seed funding for the company in 2013, also participated.
Temasek buys SVB's India venture debt business
Singapore's Temasek Holdings has agreed to acquire the India venture debt unit of NASDAQ-listed financial services company SVB Financial Group for INR2.8 billion ($45 million).
Deal focus: ChrysCapital doubles its money on ING Vysya
In November it was revealed that Kotak Mahindra Bank - India's fourth largest private lender - would acquire its smaller rival, Bangalore-based retail bank ING Vysya, in an all-stock deal at a valuation of $2.4 billion.
Facebook co-founder, Velos back India start-up Hopscotch
Facebook co-founder Eduardo Saverin and Singapore-based Velos Partners have committed $11 million in Series B funding to Indian babywear and kidswear retailer Hopscotch.
PremjiInvest leads Series C round for India's Amagi Media Labs
PremjiInvest has led a Series C round of funding for Amagi Media Labs, a Bangalore-based firm that facilitates targeted television advertising based on geography.
Temasek acquires 18% stake in Indian hospital operator
Temasek Holdings - an investment arm of the Singapore government - has acquired a 17.74% stake in Global Health, which operates the Mendanta super specialty hospital in Gurgaon, India.
India Value Fund completes partial exit from Mahindra CIE
India Value Fund Advisors (IVFA) has completed a partial exit from Mahindra CIE Automotive, selling a third of its stake for about INR1.3 billion ($21 million).
Tiger Global leads $100m round for India's ShopClues
Tiger Global has a led a $100 million Series C round of funding for Clues Network, the US parent of Indian e-commerce platform ShopClues.
Multiples makes partial exit from Cholamandalam Finance
Multiples Alternative Asset Management has made a INR1.9 billion partial exit from Indian non-banking financial company Cholamandalam Investment and Finance Company (CIF).
CDC commits $48m to India healthcare provider
UK development finance institution (DFI) CDC Group has invested $48 million in Indian multi-specialty healthcare provider Narayana Hrudayalaya Hospitals (NH) in return for a small minority stake.