India
Sequoia leads $6m round for Indian brewer
Sequoia Capital has led a INR400 million ($6 million) round for Indian brewer B9 Beverages, the makers of the craft beer brand Bira 91.
PE-backed Ujjivan Financial Services files for India IPO
Ujjivan Financial Services, an India-based microfinance institution (MFI) that has been awarded a banking license, has filed for an IPO, which would facilitate exits for several private equity backers.
Black River backs India's Future Consumer Enterprise
Black River Asset Management, an independently managed alternative investment unit of agribusiness giant Cargill, will invest $45 million in India's Future Consumer Enterprise (FCEL).
Three partners to leave India VC firm Helion
Three of the six partners at India-focused VC firm Helion Venture Partners will depart to pursue other opportunities.
PE-backed Dr Lal PathLabs gains on India trading debut
Shares in Indian medical diagnostics service Dr. Lal PathLabs gained more than 50% on debut following the company's INR6.3 billion ($95 million) IPO.
Blume Ventures in $30m first close on second India fund
Blume Ventures has reached a first close of more than $30 million on its second India early-stage fund. The vehicle has a full target of $60 million.
India B2B logistics firm TrucksFirst raises $30m
TrucksFirst Services, an India-based business-to-business (B2) logistics services provider, has raised $30 million in a Series B round of funding provided by SAIF Partners and other investors.
ChrysCapital seeks $600m for seventh India fund
ChrysCapital is targeting $600 million for its seventh India fund, as a number of domestic GPs look to capitalize on a renewed investor interest in the country and a strengthening economic outlook.
CX Partners' Ajay Relan to step back
Ajay Relan, co-founder of India-focused private equity firm CX Partners, is taking a step back with Jayanta Basu assuming responsibility for daily operations as managing partner.
Blackstone invests $170m in India's IBS, General Atlantic exits
The Blackstone Group has acquired a minority stake in India-based IBS Software for $170 million, facilitating an exit for General Atlantic.
2015 in review: Capital in abundance
Ample liquidity and a tech boom drive up investment activity; venture takes center stage in a relatively quiet fundraising environment; exits do not disappoint, but fail to match the highs of 2014.
Anand Prasanna leaves Morgan Creek
Anand Prasanna, a director with Morgan Creek Capital Management in Shanghai, has left the firm to pursue entrepreneurial opportunities in India.
CLSA leads $10m round for India's Holisol Logistics
CLSA Capital Partners has led a $10 million round of funding for Holisol Logistics, an India-based supply chain and logistics company.
India B2B logistics start-up BlackBuck gets $25m
Tiger Global, Accel Partners, Flipkart and a fund linked to Yuri Milner of DST Global have committed $25 million in Series B funding to BlackBuck, an India-based business-to-business logistics start-up.
General Atlantic promotes Mumbai-based Sood to principal
General Atlantic has promoted Mumbai-based Rajat Sood to principal. He has been with the firm since 2007 and was previously vice president.
AVCJ Awards 2015: Firm of the Year: Bain Capital
Bain Capital enjoyed its most active year in Asia as positive experiences from previous deals and proactive engagement with entrepreneurs helped deliver a string of new investments
Q&A: InnoVen Capital's Ajay Hattangdi
InnoVen Capital, formerly SVB India, is the oldest player in India’s nascent venture debt market. CEO Ajay Hattangdi discusses the firm’s experiences as a pioneer and Temasek’s plans for regional expansion
India: Out of the shadows
Anecdotal evidence from AVCJ Forums and research data are in agreement - India's private equity industry is returning to form
Nexus announces $450m final close on fourth India fund
Nexus Venture Partners has closed its latest fund, Nexus Ventures IV, at $450 million, bringing its total capital under management to over $1 billion.
Didi Kuaidi, Ola, Lyft, GrabTaxi form global partnership
Ride-hailing apps including India's Ola, China's Didi Kuaidi, Southeast Asia's GrabTaxi and US-based Lyft have announced a strategic global partnership.
TPG, Tillman to buy telecom towers unit from India's Reliance
Reliance Communications, the telecommunications services division of India's Reliance Group, has agreed to sell its tower assets to TPG Capital and Tillman Global Holdings.
VCs to exit as India's Flipkart invests in MapMyIndia
Indian e-commerce giant Flipkart has committed an undisclosed sum to GPS navigation and location-based services provider MapMyIndia, providing an exit for investors Nexus Venture Partners and Lightbox Ventures.
Experienced GPs make India more attractive - AVCJ Forum
The growth in experience of Indian GPs over the last several years is making the country a more attractive destination for capital, global LPs told the AVCJ India Forum.
India's ICICI Venture appoints new CEO
India-based ICICI Venture has appointed Prashant Purker as managing director and CEO. He replaces Vishakha Mulye, who recently moved to parent group ICICI Bank as executive director.