India
Apax buys stake in Indian IT player Zensar, Electra exits
Apax Partners has acquired a 23.2% stake in India-based Zensar Technologies for $129 million, providing an exit for Electra Partners, which has been an investor in the business since 1997.
India's Elgi Equipments gets $6.5m from Nalanda
Singapore-based Nalanda Capital has bought an approximately 2% stake in compressed-air equipment manufacturer Elgi Equipments for INR420 million ($6.5 million).
Aion invests $90m in India's Varun Beverages
Aion Capital has invested INR6 billion ($90 million) in India's Varun Beverages (VBL), a major drinks manufacturer and bottler for PepsiCo in South Asia.
Warburg Pincus, Embassy in $250m India warehousing JV
Warburg Pincus and Indian real estate developer Embassy Group has formed a joint venture to build industrial parks with warehousing facilities in key cities in India.
Sequoia, Kalaari commit $10m to India's Grabhouse
Sequoia Capital and Kalaari Capital have committed $10 million in Series B funding to Indian start-up Cryptopy Technologies, the developer of rental property listing platform Grabhouse.
Abraaj, Aditya Birla to build India solar platform
The Abraaj Group has teamed up with conglomerate Aditya Birla Group to build a renewable energy platform that will focus on developing solar power plants in India.
India's Lighthouse reaches $138m final close on Fund II
Lighthouse Funds has reached a final close on its second Indian mid-market focused fund at $138 million, well above the $125 million target.
Motilal Oswal commits $13.8m to India's Kurlon
Motilal Oswal Private Equity (MOPE) has invested INR900 million ($13.8 million) in Indian mattress maker Kurlon Enterprise.
Media-for-equity: Outside the box
Media-for-equity investing has become a well-established niche market in Europe. To take hold in Asia, the model requires the right investors and the right customers
Peepul Capital commits $15m to Indian online jeweler Voylla
Peepul Capital has committed $15 million to Indian online jewelry and accessory retailer Voylla.
Gaja Capital invests $10m in India's SportzVillage
Gaja Capital has committed INR650 million ($10 million) to Indian fitness education start-up Junior Sports and Services, which manages the SportzVillage brand.
Spice PE invests in Clearwater's India NBFC
Switzerland-based alternative investment firm Spice Private Equity has committed $10 million to Indian non-banking finance company (NBFC) Altico Capital India.
Apollo completes exit from India's Dish TV
Apollo Global Management has fully exited India-based direct-to-home TV service provider Dish TV, selling its remaining 3.58% stake for INR3.99 billion.
India's Quick Heal, Parag Milk Foods file for IPOs
Indian security software developer Quick Heal Technologies and dairy firm Parag Milk Foods have filed for IPOs, seeking INR2.5 billion ($38 million) and INR3.25 billion, respectively. Parag has also raised an additional INR600 million from existing backer...
Alibaba re-ups in India's Paytm
Chinese e-commerce giant Alibaba Group and its online finance affiliate Ant Financial Services Group have made a further investment in Paytm, India's largest mobile payment and commerce platform.
Sequoia, SAIF in $36m Series B for India's PepperTap
PepperTap, an India-based hyperlocal online grocery delivery start-up, has raised a $36 million Series B round led by online marketplace Snapdeal, with participation from existing investors Sequoia Capital and SAIF Partners.
PE-backed Infogain to buy India's Blue Star IT operations
Infogain, the US-based IT consulting firm backed by ChrysCapital, has agreed to acquire the IT operations of India's Blue Star Infotech (BSIL) for INR181 million ($27 million).
Deal focus: Portea takes healthcare to the home
Accel leads a $37.5 million round for Portea Medical, an India-based home healthcare business set up by the founders of TutorVista
China's Didi Kuaidi invests in Indian peer Ola
China-based ride-hailing app operator Didi Kuaidi has invested an undisclosed sum in Indian counterpart Ola, as part of its latest round of funding.
Creation, Everstone lead $15m round for India's SLCM
Everstone Capital and Creation Investments Capital Management have led a INR1 billion ($15 million) round for Indian agricultural logistics firm Sohan Lal Commodity Management (SLCM).
Qualcomm launches $150m India venture fund
Qualcomm Ventures, the VC arm of US semiconductor producer Qualcomm, has formed a $150 million fund to invest in Indian mobile and internet start-ups.
Everstone-backed VLCC Health Care files for India IPO
VLCC, an Asian health and beauty brand backed by Everstone Capital, has filed for an IPO in India. The private equity firm will exit about 45% of its holding through the offering.
Standard Chartered PE ups stake in India's Prime Focus
Standard Chartered Private Equity has paid INR1.5 billion ($22.9 million) for a 9.74% stake in India's Prime Focus, a publicly listed company that provides creative and technical services to the visual entertainment industry. The purchase raises its stake...
Blackstone rejects Gateway offer for India freight business
The Blackstone Group has rejected an offer from Indian logistics player Gateway Distriparks (GDL) to buy its stake in freight subsidiary Gateway Rail Freight (GRFL) for INR6 billion ($90.3 milion).