India
Clarity calls: The PE take on India's budget
The first full budget by Prime Minister Narendra Modi’s government was one of the most eagerly anticipated events for Indian private equity since last year’s election. Did it live up to the hype?
Kalaari invests $2.5m in India-based Codigami
Kalaari Capital has committed $2.5 million to Codigami, parent company of Indian social media manager app Crowdfire, in a Series A round of funding.
Big data: Number crunchers
Already an established investment trend, big data is becoming increasingly mainstream. From a VC perspective, the money will be made by going specialist and helping clients turn numbers into commercial action
Maverick commits $15m to India adtech start-up
Maverick Capital Venture - the venture capital affiliate of hedge fund Maverick Capital - has led a $15 million round of funding for India and Southeast Asia-focused mobile marketing data platform Vserv.
VC-backed Ola acquires smaller rival TaxiForSure
India's largest VC-backed taxi-booking service Ola has acquired its smaller rival TaxiForSure for $200 million in a cash and stock deal.
TPG buys $146m stake in India’s Manipal Hospitals
TPG Capital has paid INR9 billion ($146 million) for a significant minority stake in healthcare services provider Manipal Health Enterprises (MHE).
Indian food ordering service TinyOwl raises $16m
Indian food ordering service TinyOwl has managed to raise a $16 million Series B round of funding led by Matrix Partners. Existing investors Sequoia Capital and Nexus Venture Partners also took part.
India home delivery service Grofers raises $10m
India grocery delivery service Grofers has raised a $10 million Series A round of funding from Tiger Global management and existing investor Sequoia Capital.
CLSA Capital Partners invests $10m in India’s Nobel Hygiene
CLSA Capital Partners has invested $10 million in Nobel Hygiene Private, an Indian manufacturer of diapers for adults and babies
Creador invests $21.7m in India’s PC Jeweller
Southeast Asia and India-focused GP Creador has acquired a minority stake in PC Jeweller, a publicly-listed Indian jewellery retail chain, for INR1.35 billion ($21.7 million).
Gaja Capital, DSG invest $6m in India's Bakers Circle
Gaja Capital, and existing investor DSG Consumer Partners, have together invested INR360 million ($6 million) in Indian frozen food manufacturer Bakers Circle.
Sequoia leads $4.5m round for Indian interior design start-up HomeLane
Sequoia Capital has led a $4.5 million Series A round of funding for HomeLane, a Bangalore-based interior design company, with participation from Aarin Capital.
SAIF, Accion invest in India’s Aye Finance
SAIF Partners and Accion - a global non-profit organization - have invested $1 million in Aye Finance, an India-based lender that serves profitable micro, small, and medium-sized enterprises (MSMEs).
Indian P2P rental property listings site NoBroker raises $3m
SAIF Partners and Fulcrum Ventures have taken part in a $3 million Series A round of funding for NoBroker, a Bangalore-based peer-to-peer (P2P) property listings site for renting homes.
Helion leads $5m round for Indian shopping app
Indian fashion discovery and shopping app Wooplr has managed to raise $5 million in a Series A round of funding led by Helion Venture Partners.
Tiger Global leads $4m Series A round for India news app
Tiger Global has led a $4 million Series A round investment in India's News In Shorts (NIS), a mobile-based service that aggregates shortened news stories.
Sequoia, Matrix commit $30m to Indian doctor search site
Sequoia Capital India and Matrix Partners have invested $30 million in a Series B round of funding for Practo Technologies, an Indian start-up that provides a search portal matching patients and doctors.
IDFC agrees partial exit from India’s Green Infra
IDFC Alternatives will make a partial exit from Indian wind and solar power producer Green Infra after Singapore-based Sembcorp Utilities agreed to pay INR10.6 billion ($167 million) for a 60% stake in the asset.
Actis invests $230m in Indian renewables platform
Emerging markets-focused UK GP Actis is investing $230 million to create an Indian renewable energy platform - Ostro Energy.
Equis in $1.7b fundraising bonanza
Equis Funds Group's first foray into Japan’s solar energy sector was at least 18 months in the making. The energy and infrastructure-focused GP mapped the entire region in terms of solar power potential and regulatory factors then, working with Partners...
Creador invests $16.2 m in India's Ashiana Housing
Southeast Asia and India-focused GP Creador has paid INR1 billion ($16.2 million) for a minority stake in Ashiana Housing, a publicly-listed Indian property developer.
Equis raises $1.7b for Asia energy, infrastructure investments
Asia-focused energy and infrastructure GP Equis Funds Group has closed its second fund at $1 billion and also raised $300 million for a follow-on vehicle to Fund I and $400 million for two existing platform investments.
UK's Amadeus picks Bhavani Rana to lead new India office
UK tech-focused VC firm Amadeus Capital Partners hired Intel Capital's Bhavanipratap (Bhavani) Rana as partner and head of India operations as it opens a new office in Bangalore.
Lightbox leads $20m round for India QSR chain
Lightbox Ventures has led a $20 million Series B round of funding for Faaso's Food Service, a tech-enabled quick-service restaurant (QSR) chain based in India.