South Asia
SoftBank, Alibaba invest $445m in India's Paytm
SoftBank Group and Alibaba Group have invested $445 million in Paytm Mall, the e-commerce arm of Indian online payments platform Paytm.
ChrysCapital leads $55m round for Indian education NBFC
ChrysCapital has led a INR3.5 billion ($55 million) Series C round for Varthana, an education-focused non-banking finance company (NBFC) based in India.
Tata-backed Varroc files for India IPO
Varroc Engineering, an Indian auto component manufacturer owned by the Varroc Group, has filed for an IPO that will see its private equity backer Tata Capital exit the bulk of its holding.
CDPQ to invest in India's Fundamentum
Caisse de dépôt et placement du Québec (CDPQ) will commit $20 million in a fund managed by India-focused VC firm The Fundamentum Partnership.
India's ReNew acquires Actis-backed Ostro
Indian renewable energy producer ReNew Power Ventures has acquired renewable energy platform Ostro Energy, providing an exit for its PE backer Actis Capital.
India's PE-backed Atria files for IPO
Indian broadband service provider Atria Convergence Technologies has filed for an IPO that will provide partial exits for its PE backers TA Associates and True North.
SeaLink closes debut India fund at $315 million
Indian middle-market PE firm SeaLink Capital Partners has closed its first fund at $315 million, beating its $250 million target.
Bain, Piramal target $1b for India distress fund
Bain Capital Credit and Piramal Enterprises have set a target of $1 billion for their joint venture focused on Indian distressed assets.
India's Lighthouse reaches $150m first close on Fund III
Lighthouse Funds has reached a first close of $150 million on its third India-focused growth capital fund.
India's Fireside closes first fund at $52m
Fireside Ventures, an Indian VC firm set up by Helion Venture Partners co-founder Kanwaljit Singh (pictured), has closed its debut fund at INR3.4 billion ($52 million).
ADV invests $105m in India's Feedback Infra
ADV Partners has invested INR6.85 billion ($105 million) in Indian infrastructure project advisory firm Feedback Infra.
Insight leads $18m round for India's Chargebee
Insight Venture Partners has led an $18 million Series C funding round for US and India-based financial technology company Chargebee.
NIIF, DP World acquire India's PE-backed Continental
India’s National Investment & Infrastructure Fund has acquired a controlling stake in PE-backed logistics player Continental Warehousing Corporation (CWCNSL) in a joint deal with Dubai-based port operator DP World.
Asia GPs must spend more time, effort extracting value - survey
Asian PE investors must accustom themselves to longer holding periods and more aggressive value creation initiatives if they are to achieve their target returns in a pricey market, according to Bain & Company.
Capital Square-owned Aegis to merge with US-based Startek
Indian business process outsourcing (BPO) service provider Aegis, which was acquired by Capital Square Partners last year, has agreed to merge with US-based counterpart Startek. The deal will give Capital Square control of the combined company.
Delos Capital buys India's Sage Metals
US-based private equity firm Delos Capital has acquired Indian specialty metal products manufacturer Sage Metals for an undisclosed amount.
India's Brand Capital appoints CEO
Brand Capital, an investment arm of India’s The Times Group, has named Sam Subramaniam as its CEO.
Actis leads $82m round for India's Pine Labs
Emerging markets-focused private equity firm Actis has led an $82 million funding round for Indian financial technology company Pine Labs.
ChrysCapital invests $20m in India's Curatio
ChrysCapital has invested $20 million in Indian skin and hair products producer Curatio, providing a partial exit for its private equity backer Fulcrum Ventures.
Abraaj releases LPs from commitments to latest fund
The Abraaj Group is releasing investors from commitments made to its latest flagship fund – which targets growth markets in Asia and other regions – having previously decided to suspend the fundraising process in the wake of governance concerns.
Uber's Kalanick launches fund, targets China and India
Uber co-founder Travis Kalanick, who left his position as CEO of the company last year following a string of controversies, is launching an investment fund that will focus in part on China and India.
India's Prime closes third early-stage fund at $62m
Indian VC firm Prime Venture Partners has closed its latest early-stage fund at INR4 billion ($62 million).
China-India tech investments: A running start
The past 12 months has seen a long-expected surge of investments into India’s technology sector by Chinese financial and strategic investors. They are providing a significant boost to the local market
Cisco invests in IDG's latest India venture fund
Cisco Investments, the VC arm of US technology giant Cisco, has committed an undisclosed amount to the third fund of IDG Ventures India.