South Asia
Indian firms must prove their worth to LPs – AVCJ Forum
LPs still find India an attractive market for investments, but fund managers must actively pursue them and make the case for their strategies.
Indian entrepreneurs drawn to corporate VC – AVCJ Forum
Indian technology start-ups are seeing corporate venture capital arms as attractive partners, but investors must be prepared to show what differentiates them from their parent companies, industry participants told the AVCJ India Forum.
B Capital leads round for India's Mswipe
Indian financial technology company Mswipe has closed a $40 million Series D funding round led by B Capital Group.
India platform building requires GP commitment – AVCJ Forum
Indian GPs are increasingly attracted to platform-building strategies for adding value to their portfolio companies, but PE investors attempting this approach must be prepared to commit enough time and resources to see it through.
Consolidation remains key to India VC – AVCJ Forum
Indian venture capital investors see consolidation plays as central to adding value to their portfolio companies and achieving exits, though the specifics of the strategy will vary by industry.
ADIA buys stake in KKR's India NBFC
The Abu Dhabi Investment Authority (ADIA) has invested in KKR India Financial Services (KIFS), an Indian non-banking finance company (NBFC) backed by KKR.
Paragon part-exits India's Capacite for $14m
Paragon Partners has made a partial exit from Indian construction firm Capacite Infraprojects - which went public earlier this year - for INR876 million ($13.6 million).
India NBFCs: The next level
India’s NBFCs remain an attractive entry to an underserved finance market, but the growing maturity of the segment means returns may be more modest going forward
India IPOs: Open window
Record public market valuations have facilitated a wave of private equity-backed IPOs on Indian bourses.
Indian regulator reviews SoftBank's Flipkart investment
SoftBank Group’s investment in Indian e-commerce giant Flipkart, which is expected to facilitate an exit for several existing investors, is being reviewed by the country's competition regulator.
Indian family offices: Family matters
The shift from blind pool funds to direct investments doesn’t reflect the preferences of all Indian family offices, but exposure to fast-growing technology start-ups is an increasingly powerful draw
India IPOs: Open window
India's IPO market has boomed in recent years thanks in part to retail investors' enthusiasm for the public markets. But the rewards have not been evenly distributed
Q&A: The Everstone Group's Dhanpal Jhaveri
Dhanpal Jhaveri, a managing partner at The Everstone Group, explains his positive outlook for private equity in India, from robust public market exits to the appeal of platform plays
India energy: Power trip
A sudden shake-up in the economics of India’s energy sector has piqued investor appetite to the point of indigestion. As the market settles, a long-term growth story appears set to support a range of industries
Gaja backs Indian lifestyle brand Chumbak Design
Gaja Capital has led a INR850 million ($13.2 million) funding round for Indian consumer products company Chumbak Design.
India value-add: The professionals
Growing interest in control deals among Indian GPs means increased pressure to demonstrate value-add capabilities. Improving portfolio companies requires attention to the country’s unique corporate landscape
IFC proposes $74m investment in India's Cholamandalam
The International Finance Corporation (IFC), the investment arm of the World Bank, has proposed a INR4.8 billion ($74 million) investment in Indian non-banking finance company (NBFC) Cholamandalam Investment & Finance.
India's Edelweiss raises $270m pre-IPO fund
Edelweiss Financial Services has raised a new fund to invest in pre-IPO funding rounds for Indian companies, with a corpus of INR17.5 billion ($271 million).
Norwest part-exits India-listed RBL Bank
Norwest Venture Partners has made another partial exit from India-listed financial institution RBL Bank for INR2.9 billion ($44.4 million).
Everstone acquires Malaysia's Chemopharm
The Everstone Group has acquired Chemopharm, a provider of medical equipment based in Malaysia.
India's VC-backed HomeLane buys Capricoast
Indian interior design company HomeLane, which is backed by Aarin Capital and Sequoia Capital, has bought Accel Partners-backed online furniture marketplace Capricoast.
Sabre, CDC lead $26m Series C for India's Portea
Sabre Partners and CDC Group have co-led a $26 million Series C round for Indian home healthcare business Portea Medical.
SSG buys stake in Cox & Kings subsidiary
Hong Kong-based special situations investor SSG Capital Management has paid an undisclosed sum for a 34.4% stake in a UK subsidiary of Indian travel company Cox & Kings (C&K) known as Prometheon Holdings.
SSG part-exits India's Future Supply Chain for $19m
SSG Capital Management has made a partial exit from Future Supply Chain (FSC), a supply chain and logistics subsidiary of India’s Future Enterprises (FEL), for INR1.25 billion ($19 million).