India
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).
India's TVS Capital commits $12.9m to Prabhat Dairy
TVS Capital Funds has bought a 7.6% stake in recently-listed milk products manufacturer Prabhat Dairy, for INR850 million ($12.9 million).
Carlyle exits India's Elitecore to Sterlite
Indian optical fiber and power cable producer Sterlite Technologies has bought telecommunication software developer Elitecore Technologies from The Carlyle Group.
India home healthcare provider gets $37.5m
Accel Partners has led a $37.5 million Series B round for home healthcare start-up Portea Medical, with participation from the International Finance Corporation (IFC), Qualcomm Ventures, and Ventureast.
ESG in infrastructure: Laying the groundwork
Environmental regulations in Asia are not keeping track with the needs of local markets. PE professionals say investors can take the lead in developing and enforcing necessary standards
Bain invests $199m in India's L&T Finance
Bain Capital has acquired a 10.3% stake in L&T Finance Holdings, the financial services unit of Indian engineering conglomerate Larsen & Toubro (L&T), for approximately INR13.04 billion ($199 million).
India's Trifecta reaches $30m first close on venture debt fund
Trifecta Capital, the venture debt firm set up by former Canaan Partners Managing Director Rahul Khanna, has reached a first close of INR2 billion ($30 million) on its debut fund.
BlaBlaCar raises $200m for emerging markets push
Insight Venture Partners and Lead Edge Capital have led a $200 million Series D round for French ride-sharing start-up BlaBlaCar to fuel its push into emerging markets.