Indian private equity firm Multiples Alternative Asset Management has invested INR2.5 billion ($34.8 million) in non-banking finance company (NBFC) APAC Financial Services.
IndoSpace, a joint venture between Everstone Group and US-based Realterm Global that develops Indian industrial and logistics facilities, has closed its third fund at $580 million.
Indian online fresh meat and seafood delivery company Licious felt compelled to raise its Series D round within three months of its Series C after a segment leader from Japan made an irrefutable offer
Creador has raised $50 million for its fourth Southeast Asia and India-focused private equity fund from the Asian Development Bank (ADB).
Everstone Group has established a partnership with Singapore-based warehouse operator GLP to invest $500 million in India’s logistics ecosystem.
Accel Partners and Qualcomm Ventures have joined an INR2.5 billion ($35 million) funding round for Indian agriculture industry platform operator Ninjacart.
Industry participants share their outlooks on some of the biggest economic drivers of the day, including fast-growing sectors and shifting deal making factors across Asia’s varied markets
UK-based development finance institution (DFI) CDC Group has made commitments to several private equity and venture capital funds based in Asia as part of its global investment strategy.
Pan-regional funds attract the bulk of capital while the renminbi space withers; mixed fortunes for internet IPOs and trade sales; big buyouts fail to deliver but growth-stage tech stays strong
In renewable energy platform Sprng, Actis Capital sees an opportunity to replicate the success it enjoyed with recently-exited Ostro Energy. A strong foundation based on alignment with management is the key
Indian online education start-up Byju’s has raised a $400 million funding round led by Naspers Ventures, an investment arm of South African media conglomerate Naspers.
Asia’s private credit markets are underdeveloped given the size of the regional economy. Jonathan Lavine, co-managing partner of Bain Capital and CIO of Bain Capital Credit, assesses the growth potential
CX Partners has led a consortium of private equity investors to commit an undisclosed sum to Indian contract research organization Veeda Clinical Research.
Delightful Gourmet, operator of Indian online fresh meat and seafood ordering platform Licious, has raised $25 million in Series D funding to support its geographical expansion.
True North has invested INR10 billion ($140 million) in Indian health products manufacturer Zydus Wellness to support its acquisition of Heinz India.
Southeast Asian ride-hailing player Grab has invested more than $100 million in India-based online hospitality platform Oyo.
Lighthouse Funds has invested more than INR2.5 billion ($35 million) for a minority stake in Aqualite Industries, an Indian footwear manufacturer.
Indian private equity firm ChrysCapital has acquired a majority stake in GeBBS Healthcare Solutions, a California-based developer of enterprise technology for the healthcare sector.
Hong Kong-based hedge fund Steadview Capital and existing investor Vy Capital have led a $50 million Series D round for Indian local services marketplace UrbanClap.
Indian cold chain logistics provider Coldex has filed for an IPO that will provide a partial exit to Asia Climate Partners (ACP), an investment vehicle backed by the Asian Development Bank (ADB), Orix Corp, and Robeco Institutional Asset Management.
India's private equity market has reached a new level of maturity, and GPs must show they can keep pace with increasingly sophisticated entrepreneurs and LPs' expectations for returns
Stakeholders foresee progress and problems as global strategic investors make their first bets in the Indian fintech space. There is little expectation of replicating the China story
Morgan Stanley Private Equity Asia (MSPEA) has led a INR1.54 billion ($22.1 million) investment in Indian non-banking finance company (NBFC) Kogta Financial.
Drivezy, a vehicle sharing marketplace based in India, has raised a $20 million Series B round led by existing investor Das Capital, with participation by Japan’s Yamaha Motor Co.