India
India's Zomato raises $50m from Info Edge
Indian online restaurant and event guide Zomato has raised INR3.11 billion ($50 million) in a funding round led by existing investor Info Edge.
DST leads $315m round for India taxi-booking service Ola
DST Global has led a $315 million investment in ANI Technologies, operator of India taxi-booking platform Ola, alongside existing investors Tiger Global Management and Steadview Capital.
Warburg Pincus exits India healthcare chain Metropolis
Warburg Pincus has exited its entire 27% stake in Indian healthcare chain Metropolis to the Shah family, one of the company's promoters. KKR backed the Shah family's buyback.
Sequoia, TR lead $50m Series C for India's Urban Ladder
Urban Ladder, which claims to be India’s leading furniture-focused online retailer, has received $50 million in a Series C round of funding led by Sequoia Capital and TR Capital.
KKR appoints former India central bank deputy governor as advisor
KKR has appointed Anand Sinha, a former deputy governor of India's central bank, as an industry advisor. He will join the firm immediately.
India digital wallet app MobiKwik gets $25m Series C round
India-based digital wallet app developer MobiKwik has raised $25 million in a Series C round led by Tree Line Asia.
Kinnevik re-ups in Rocket-backed emerging markets fashion group
Sweden's Investment AB Kinnevik has invested an additional EUR32 million ($34.4 million) in Global Fashion Group (GFG), an emerging markets fashion e-commerce group developed by Germany's Rocket Internet.
India's Snapdeal acquires VC-backed FreeCharge
Indian online marketplace Snapdeal has acquired venture capital-backed online bill payment service FreeCharge in a deal said to be worth as much as $450 million.
India classifieds site Quikr raises $150m
Indian classifieds site Quikr has raised a $150 million in a round of funding led by existing investor Tiger Global Management.
PE-backed Prabhat Dairy, Dilip Buildcon file for India IPOs
India's Prabhat Dairy and Dilip Buildcon have filed for IPOs, providing an opportunity for their private equity backers to make partial exits.
Top Standard Chartered banker quits to raise PE fund
Viswanathan Shankar, Standard Chartered's group executive director and CEO for Europe, Middle East, Africa and Americas is leaving the firm to set up his own private equity fund.
India Value Fund Advisors in $500m first close on Fund V
India Value Fund Advisors has reached a first close of $500 million on its fifth Indium fund, which has a hard cap of $700 million.
Mandala backs Indian agriculture finance business
Mandala Capital has invested INR1.1 billion ($17.9 million) in Sustainable Agro-commercial Finance (SAFL), a agriculture-focused non-banking financial company (NBFC) controlled by India's Jain Irrigation Systems (JISL).
IDFC Alternatives to buy stake in Indian power project
IDFC Alternatives has agreed to buy a 23.5% stake in ONGC Tripura Power Company (OTPC) for INR4.26 billion ($68.5 million). The purchase will be made through the India Infrastructure Fund II.
Creador to seek $450m for Fund III
Creador is preparing to launch its third Southeast Asia- and India-focused fund with a target corpus of $450 million. This comes barely eight months after the GP closed its second fund at $330 million.
India's AppsDaily raises 16m Series C from Zodius, others
Zodius Capital has led a $16 million Series C round for Indian mobile app developer and distributor AppsDaily, with participation by current investors Kalaari Capital, ru-Net Ventures and Qualcomm Ventures.
Mayfield, Kalaari back India-based travel itinerary site
Kalaari Capital and Mayfield have committed $3 million in Series B funding to Indian travel planning site TripHobo.
India microfinance: Acorns to oaks
Several large funding rounds – plus the birth of a new bank – have shown how far India’s microfinance institutions have come in just four years. But more is to come, and more VC backing will be required
PEs seek a harvest in rural India
A tractor is one of the most versatile tools on a farm, but it is out of reach for many in rural India because they have no access to credit.
India's LimeRoad raises $30m Series C round
Tiger Global has led a $30 million Series C round of funding for India LimeRoad, an online social discovery platform aimed at women. Lightspeed Venture Partners and Matrix Partners India also took part in the round.
Magma Fincorp raises $80m from KKR, Leapfrog, IVFA
Magma Fincorp, an Indian non-banking finance company (NBFC), has raised INR5 billion ($80 million) from KKR, LeapFrog Investments, and India Value Fund Advisors' (IVFA) Indium V.
India's IL&FS divests stake in Maharashtra Natural Gas
IL&FS Investment Managers has fully divested its stake in Maharashtra Natural Gas (MNGL) to Indraprastha Gas (IGL), securing a cash multiple of 4.1x.
Peesh Venture Capital launches $50m fund, India accelerator
Early-stage investor Peesh Venture Capital (PVC) has launched a $50 million fund and accelerator targeting Indian start-ups.
Tiger Global leads Series A for Indian social network Roposo
Indian fashion-centric social network Roposo has raised $5 million in Series A funding led by Tiger Global.