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India

ChrysCapital invests $63m in US IT consulting firm Infogain

ChrysCapital has invested $63 million in Infogain, an Silicon Valley-based IT consulting firm, in exchange for a majority stake in the business.

  • South Asia
  • 11 August 2015
Blume, Tiger Global invest $30m in warehouse robotics start-up

Tiger Global Management and Blume Ventures have led a $30 million Series B round of funding for Indian warehouse robotics developer GreyOrange Robotics.

  • South Asia
  • 11 August 2015
Malaysia's Axiata Group buys VC-backed Komli's SE Asia unit

Malaysian telecommunications giant Axiata Group has acquired the Southeast Asian business of Komli Media, the Mumbai-based digital media firm backed by a slew of venture capital investors, for $11.25 million.

  • Exits
  • 11 August 2015
India payments firm raises $23m from Helion, Social+Capital

Helion Advisors and Social+Capital have participated in a $23 million Series C round for mobile payment solutions provider Ezetap.

  • South Asia
  • 10 August 2015
Tencent leads $90m round for India's Practo

Tencent has led a $90 million Series C round for Indian clinic management developer and doctor search portal Practo, with participation from Sofina, Google Capital, and others.

  • South Asia
  • 07 August 2015
MIRA invests $122m in India's Ind-Barath Energy

Macquarie Infrastructure & Real Assets (MIRA) has invested INR7.8 billion ($122 million) in India power producer Ind Barath Power Infra (IBPIL), providing an exit for 3i and PTC Financial Services.

  • Infrastructure
  • 06 August 2015
Helion invests $3m in India mobile services player Doormint

Helion Venture Partners has committed $3 million in a Series A round of investment to Blackcotton Solutions, the start-up behind Indian mobile home services platform Doormint. Kalaari Capital also took part in the round.

  • Consumer
  • 06 August 2015
Rebright backs Indian logistics firm LetsTransport

Indian last-mile logistics marketplace LetsTransport has raised $1.3 million from Rebright Partners, along with several angel investors.

  • South Asia
  • 05 August 2015
Sequoia, Accel commit $8m to India's WizRocket

Sequoia Capital India and Accel Partners have invested $8 million to Indian analytics and mobile engagement platform WizRocket.

  • South Asia
  • 05 August 2015
Fund focus: IVFA sees slow turn in LPs' India sentiment

A host of India-focused GPs are currently in the market, looking to raise funds on the back of improved investor sentiment following the election of reformist Prime Minister Narendra Modi last year.

  • Fundraising
  • 05 August 2015
India exits: Where’s the cash?

India Value Fund Advisors (IVFA) has now raised five funds. The first is fully liquidated and the second is close to that mark. The third will deliver the bulk of the $600-700 million the GP expects to return to LPs this year, and the fourth – a 2009...

  • South Asia
  • 05 August 2015
SoftBank leads $100m round for India's Oyo Rooms

SoftBank has led a $100 million Series B round of funding for Oravel Stays, the start-up behind Indian budget hotel booking marketplace OyoRooms.

  • Technology
  • 04 August 2015
WestBridge increases holding in Indian tire maker

India's WestBridge Capital Partners has increased its stake in CEAT, a publically-listed tire manufacturer headquartered in Mumbai.

  • South Asia
  • 04 August 2015
SCPE, IFC, ADB back India affordable housing JV

Standard Chartered Private Equity (SCPE), the International Finance Corporation (IFC) and the Asian Development Bank (ADB) have formed an affordable housing joint venture with Indian real estate giant Shapoorji Pallonji.

  • Real estate
  • 03 August 2015
KKR to invest $150m in Indian polyester manufacturer

KKR has agreed to invest $150 million in JBF Industries, an India-based polyester products manufacturer, with a portion of the capital going to the company’s international subsidiaries.

  • PIPEs
  • 03 August 2015
India's TripFactory raises Series A round from Aarin Capital

Aarin Capital has committed a Series A round to Indian online travel agent TripFactory.

  • South Asia
  • 03 August 2015
BNP Paribas to acquire PE-backed Sharekhan

French bank BNP Paribas has agreed to acquire Indian retail brokerage Sharekhan from its private equity backers.

  • South Asia
  • 31 July 2015
Indian home services portal Zimmber raises $2m

IDG Ventures and Sherpalo Ventures have taken part in a $2 million pre-Series A round for Rejuvenate Solutions, operator of Indian home services portal Zimmber.

  • South Asia
  • 31 July 2015
SAIF, Tiger in $50m round for online discount start-up

Paytm has joined SAIF Partners and Tiger Global to lead a $50 million round of funding for Little, an Indian online discount start-up launched by the founders of fashion e-commerce platform Zovi.

  • Consumer
  • 30 July 2015
IVFA reaches $700m final close on India fund

India Value Fund Advisors (IVFA) has reached a final close on its fifth India-focused fund at the hard cap of $700 million.

  • South Asia
  • 30 July 2015
PE backers set for partial exits in HealthCare Global's India IPO

HealthCare Global Enterprises (HCG), a private equity-backed Indian cancer care hospital chain, has filed for an IPO.

  • South Asia
  • 30 July 2015
India's VC-backed Jugnoo buys ride hailing app BookMyCab

Indian autorickshaw-hailing start-up Jugnoo, a portfolio company of Snow Leopard Technology Ventures, has bought taxi aggregator BookMyCab for an undisclosed sum.

  • South Asia
  • 29 July 2015
Anjali Bansal hired as Asia, Africa partner at TPG Growth

TPG Growth - the mid-market growth equity platform of TPG Capital - has hired Anjali Bansal as partner and managing director. She will focus on human resources in Asia and Africa.

  • South Asia
  • 29 July 2015
Deal focus: MedGenome aims to fill the sequencing gap

India's vast assortment of ethnic groups represents a golden opportunity for MedGenome. The 2,000 groups that inhabit the subcontinent are a treasure trove of information waiting to be harvested and put to work.

  • Venture
  • 29 July 2015
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