India Resurgence Fund (India RF), a vehicle established by Bain Capital Credit and Piramal Enterprises to invest in distressed assets, has committed $156 million to Archean Group’s marine chemicals business.
Omidyar Network has led an $11 million Series B funding round for Indian educational technology start-up Vedantu.
Private equity-backed Asian logistics and fund management platform ESR has established a joint venture with Allianz Group’s real estate division that will invest around $1 billion – comprising equity and debt – in India.
While proprietary deals are not always possible in Asian private equity, there are many ways for GPs to gain an edge even when competing with multiple bidders for the same asset
CropIn, an Indian developer of cloud technology for agricultural applications, has received INR580 million ($8.1 million) from Chiratae Ventures, formerly IDG Ventures India, and the Bill and Melinda Gates Foundation.
Industrial & Commercial Bank of China (ICBC) has launched a $200 million fund to invest in Indian start-ups and micro, small, and medium-sized enterprises (MSMEs).
Investment and exit opportunities in India’s private equity market continue to improve, thanks in part to growing confidence among GPs in their ability to partner with portfolio companies through crucial stages of development.
China’s Gobi Partners has made its first investment in Pakistan by leading a $1.5 million Series A round for online travel services start-up Sastaticket.
VCs face new challenges and opportunities in exit markets across Asia as later-stage investors and strategic players participate more deeply in early-stage ecosystems.
Investors see potential in India as valuation concerns ease, but exits and the macro picture present challenges in the short term
Budding interest in operational value-add marks a new level of maturity in Asian private equity. Trial-and-error experimentation has progressed slower than the macro motivators
Meesho, an Indian e-commerce platform focused on small businesses and emerging brands, has raised a $50 million Series C round led by Shunwei Capital, RPS Ventures, and DST Partners.
Norwest Venture Partners has led a INR2 billion ($27.4 million) Series D round for Veritas Finance, an Indian non-banking finance company (NBFC) focused on micro, small, and medium-sized enterprises (MSMEs).
Ess Kay Fincorp, an Indian non-banking finance company (NBFC) focused on automotive and small business loans, has raised a $42 million round led by TPG Growth, the middle market investment platform of TPG Capital.
Having tracked India-based Happy Forgings for five years, Motilal Oswal Private Equity is now confident in the company's ability to build its presence in the domestic and export auto components markets
India’s National Investment & Infrastructure Fund (NIIF) has agreed to acquire IDFC Infrastructure Finance (IDFC IFL), an infrastructure-focused non-banking finance company (NBFC), in its first solo control transaction.
The Securities and Exchange Board of India (SEBI) has floated a number of proposals intended to ease the listing process for technology-focused start-ups.
Motilal Oswal Private Equity (MOPE) has closed its third growth equity fund at INR23 billion ($325 million), beating its target of INR20 billion.
Standard Chartered Private Equity (SCPE) has exited its stake in Dolvi Minerals and Metals, a trader of metallic and non-metallic minerals based in India.
Hong Kong-based hedge fund Composite Capital has led a $50 million funding round for Indian online financial services provider ClearTax.
TVS Capital Funds, a PE investment firm sponsored by the TVS Group and Shriram Group, has reached a first close of INR8.3 billion ($113 million) on its third India growth fund.
Michael Carmen, a senior managing director and PE lead portfolio manager at Wellington Management, discusses the growing opportunity in the late-stage pre-IPO market and the challenges for investors
India’s IvyCap Ventures has launched an angel fund targeting INR600 million ($8.2 million) that will make seed to Series A-stage investments.
Sequoia Capital India has split its investment staff, creating separate teams for India and Southeast Asia focused on venture and growth capital investments. The firm's China and US affiliates already employ a similar strategy.