South Asia
VCs invest $13m in Indian payroll services player
Niyo Solutions, an Indian financial technology company specialized in payroll services, has raised a $13.2 million Series A round from a group of VC firms, including Hong Kong’s Horizons Ventures.
KKR media platform buys India cartoon studio
Emerald Media, a pan-Asian media and entertainment platform backed by KKR, has acquired a majority stake in Cosmos-Maya, an animation studio based in Singapore and India.
CDC completes exit from India's Ujjivan
UK-based development finance institution CDC Group has fully exited Ujjivan Financial Services, the listed holding company for Ujjivan Small Finance Bank, realizing more than INR4 billion ($63.4 million) since it began trimming its stake last year.
Accel, Elevar in $24m round for Indian NBFC
Indian non-banking financial services company (NBFC) Samunnati has raised an INR1.5 billion ($23.5 million) funding round from investors including Accel Partners and Elevar Equity.
IFC-backed Bandhan files for India IPO
Bandhan Bank, the commercial banking subsidiary of India’s Bandhan Financial Services (BFSL), has filed for an IPO that will provide a partial exit for the International Finance Corporation (IFC).
OrbiMed re-ups in India's Vivimed Labs
OrbiMed has invested a further $7.5 million in the active pharmaceutical ingredient (API) unit of India-listed drug maker Vivimed Labs.
AVCJ Awards 2017: Exit of the Year - IPO: Au Small Finance Bank
India’s small finance bank reforms allowed Au Financiers to tackle an entirely new business opportunity, ultimately leading to a successful IPO for the company’s private equity backers
Warburg Pincus invests in India's CAMS
Warburg Pincus has invested in Indian financial services provider Computer Age Management Services (CAMS).
Carlyle growth fund buys India BPO player
The Carlyle Group has acquired Indian healthcare business process outsourcing (BPO) provider Visionary RCM Infotech through its latest Asia growth fund, Carlyle Asia Growth Partners V (CAGP V).
Deal focus: The flair apparent
Gaja Capital’s investment in Chumbak Design aims to leverage an emerging sub-trend in India’s growing consumer space where style-conscious millennials are making their mark
AVCJ Awards: Fundraising of the Year - Mid Cap: Kedaara Capital
Having proved an ability to return capital to LPs from its debut fund, Kedaara Capital took just three months to hit the hard cap on its second India vehicle
TPG Growth closes fourth fund at $3.7b
TPG Capital has closed its fourth global middle market and growth equity fund at the hard cap of $3.7 billion after four months in the market.
Bain consortium buys Maldives seaplane operator from Blackstone - update
Bain Capital Private Equity has teamed up with two Chinese partners to acquire Trans Maldivian Airways (TMA), the world’s largest seaplane operator, from The Blackstone Group.
L Catterton invests in Indian restaurant operator
L Catterton Asia, the regional arm of consumer-focused GP L Catterton, has invested in Indian restaurant operator Impresario Entertainment and Hospitality.
The crystal ball: Predictions for 2018
From China to Australia and secondaries to venture debt, industry participants share their perspectives on the year to come for fundraising, investments and exits
US, India-based MindTickle raises $27m Series B
US and India-based training and networking platform operator MindTickle has raised $27 million in Series B funding led by Canaan Partners.
Accel leads $10m round for India's HomeLane
Accel Partners has led a $10 million Series C round for Indian interior design start-up HomeLane.
India's Teabox closes $7m Series B
Teabox, an online delivery service for fresh Indian tea, has closed a $7 million Series B funding round led by RB Investments.
CDC leads $19m round for India's Veritas
UK-based development finance institution CDC Group has led an $18.6 million Series B round for Indian non-banking finance company (NBFC) Veritas Finance.
2017 in review: Peak of the cycle?
Large-cap buyouts take private equity investment to record high; KKR leads the way in fundraising, but renminbi vehicles still distort the market; IPOs flourish amid global public markets boom
ICICI Venture set to part-exit India's KIMS via IPO
India’s ICICI Venture Funds Management will exit part of its stake in Krishna Institute of Medical Sciences (KIMS) in a planned domestic IPO.
Warburg Pincus invests $350m in India's Bharti Telemedia
Warburg Pincus has invested $350 million in Bharti Telemedia, the direct-to-home (DTH) satellite television services arm of Indian telecom services provider Bharti Airtel.
GTI-backed Sandhar files for India IPO
Indian auto components maker Sandhar Technologies has filed for an IPO that will provide an exit for its private equity backer GTI Capital.
IFC proposes $20m commitment to Lighthouse India fund
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering a commitment of up to $20 million in the third India-focused vehicle of Lighthouse Funds.