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India

Accel leads $5.8m round for India's Juspay

Accel Partners has led a INR400 million ($5.8 million) Series A round for Indian mobile payments start-up Juspay.

  • South Asia
  • 26 February 2016
IDG targets $200m for third India fund

IDG Ventures has launched its third India-focused fund, with a target of $200 million.

  • South Asia
  • 25 February 2016
IDFC buys India toll road from Blackstone-backed NCC

IDFC Alternatives will buy a controlling stake in a Bangalore toll road from NCC Infrastructure Holdings - which is backed by The Blackstone Group - and Soma Enterprise at an enterprise value of INR7.5 billion ($109 million).

  • South Asia
  • 24 February 2016
IFC commits $25m to India's VC-backed Lenskart

The International Finance Corporation (IFC), the investment arm of the World Bank, has committed $25 million to Indian online eyewear retailer Lenskart.

  • South Asia
  • 23 February 2016
IvyCap leads $4.5m round for India's Taskbob

IvyCap Ventures has led a INR280 million ($4.5 million) Series A round for Indian home services start-up Taskbob.

  • South Asia
  • 23 February 2016
Asia Climate Partners backs India's ColdEX Logistics

Asia Climate Partners, a fund set up by the Asian Development Bank (ADB), Orix Corp, and Robeco Institutional Asset Management, has invested in India-based cold chain provider ColdEX Logistics.

  • South Asia
  • 23 February 2016
India's VC-backed Tracxn launches start-up exit platform

Tracxn, an India-based start-up data analytics platform backed by SAIF Partners, has launched an online platform to help angel investors find exit opportunities from start-ups.

  • South Asia
  • 22 February 2016
Bain, GIC, Advent buy minority stake in Quest Global

Bain Capital, GIC, and Advent International have bought a minority stake in Indian engineering services outsourcing firm Quest Global for $350 million, providing an exit for Warburg Pincus.

  • South Asia
  • 19 February 2016
KKR invests in India's Max Financial Services

KKR has bought a 10% stake in Max Financial Services, a spin-off of India's Max Group that controls life insurance player Max Life.

  • South Asia
  • 19 February 2016
Sequoia in India: Early-stage icon

At $920 million, Sequoia Capital latest India fund is the largest ever VC vehicle raised in the country. How will the technology sector accommodate this quantum of capital?

  • South Asia
  • 17 February 2016
Aspada leads $5m Series A for India's Aasaanjobs

Aspada Advisors has led a $5 million Series A round of funding for Indian job recruitment site Aasaanjobs.

  • South Asia
  • 16 February 2016
Partners Group, Kedaara to buy unit from India's Au Financiers

A joint venture between Kedaara Capital and Partners Group has agreed to buy Au Housing, the mortgage arm of Indian non-banking finance company (NBFC) Au Financiers.

  • South Asia
  • 15 February 2016
Kalaari leads $4m round for India’s RKSV Securities

Kalaari Capital has led an INR270 million ($4 million) Series A round for RKSV Securities, a Mumbai-based online stock trading firm.

  • South Asia
  • 15 February 2016
India's VC-backed Oyo Rooms acquires rival Zo Rooms

Oyo Rooms, an India-based budget hotel booking app backed by SoftBank Corp. and other VCs, has acquired industry rival Zo Rooms, which counts Tiger Global Management as an investor.

  • South Asia
  • 12 February 2016
Wipro Ventures leads $4m round for India's Altizon

Wipro Ventures, the strategic investment arm of Indian technology company Wipro Group, has led a $4 million Series A round for internet development platform provider Altizon Systems.

  • South Asia
  • 03 February 2016
narendra-modi-headshot
India VC: Smooth waters ahead?

India’s government has made promising signals about its willingness to engage the venture capital community. GPs are optimistic, but reservations remain about the details

  • South Asia
  • 02 February 2016
ADV commits $45m to Indian hospital chain, Invascent exits

ADV Partners has invested $45 million in Indian hospital chain Dr. Agarwal's Healthcare, providing an exit for existing backer Invascent Capital.

  • South Asia
  • 01 February 2016
Sequoia closes fifth India fund at $920m

Sequoia Capital has closed its latest India fund – which has a minority allocation to Southeast Asia – at $920 million, comprising an $875 million institutional corpus and a GP commitment of $45 million.

  • South Asia
  • 01 February 2016
Fund focus: New name, same agribusiness strategy

Following a spin-out from Cargill, the PE unit of Black River Asset Management has been renamed Proterra Investments Partners. The agriculture-focused remit is unchanged

  • GPs
  • 01 February 2016
Deal focus: Apis backs EPS to lead India ATM industry consolidation

Financial technology investor Apis Partners has committed $25 million to India-based ATM provider Electronic Payments & Services, with more available to support bolt-on acquisitions

  • Financials
  • 28 January 2016
LP interview: Hamilton Lane

In addition to an advisory business that targets large-scale LPs, Hamilton Lane has a discretionary portfolio geared towards the middle market. It expects Asian GPs in this space to adapt to changing dynamics

  • LPs
  • 27 January 2016
Olympus, CX Partners lead $60m round for India's Nspira

Olympus Capital Asia Credit and CX Partners' India mezzanine fund have led a INR4 billion ($59 million) round for Indian management service provider Nspira.

  • South Asia
  • 26 January 2016
Jungle, Blume in $7.2m round for India's SnapBizz

Jungle Ventures, Blume Ventures, Konly Venture and Taurus Value Creation have led a $7.2 million round for India-based retail technology developer SnapBizz.

  • South Asia
  • 25 January 2016
IVP leads $30m Series C for India, US-based Qubole

Qubole, a big data firm based in India and the US, has raised a $30 million Series C round led by Institutional Venture Partners (IVP).

  • South Asia
  • 25 January 2016
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