India
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.
India mobile recharge platform FreeCharge raises $80m
Two hedge funds, San Francisco-based Valiant Capital Management and Hong Kong’s Tybourne Capital Management, have participated in an $80 million Series C round for Indian mobile top-up platform FreeCharge.
Rocket Internet buys up Asia food delivery platforms
Online food delivery provider Foodpanda has acquired peers in seven Asian markets and become part of a global platform created by its parent, Rocket Internet.
Alipay confirms investment in India's VC-backed One97
Ant Financial Service Group, Alibaba Group’s online financial service affiliate, has agreed to acquire a 25% stake in Indian VC-backed mobile internet services provider One97 Communication.
Fidelity commits $10m to Greenlight Planet
Fidelity Growth Partners India has led a $10 million round of funding for Greenlight Planet, a US-based manufacturer of solar-powered lanterns for use in off-grid homes in developing countries.
Temasek leas $60m round for India big data player Manthan
Temasek Holdings has led a $60 million round if funding for India-based data analytics firm Manthan Software Services, with participation from existing backer Norwest Venture Partners.
Indian optician raises $6.4m from AHF, Ventureast
Asia Healthcare Fund (AHF) and early-stage player Ventureast have together invested INR400 million in Eye Gear Optics India, the start-up behind optical retail chain Ben Franklin.
CDC banks on rail to share the wealth
Uttar Pradesh, the most populous state in India, is served by just two rail freight container terminals. They are located in the northern industrial hotbed of Kanpur, with one operated by Pristine Logistics & InfraProjects and the other by Concor.
India venture debt: Innovation capital
Led by SVB India, venture debt providers are beginning to take root in India. Can this nascent asset class replicated its success in developed markets and become a viable option for domestic start-ups?
AIF sells India's Famy Care to US-listed Myland for $750m
AIF Capital has sold its stake in Famy Care, an Indian maker of female oral contraceptives, to US-based pharmaceutical firm Mylan Laboratories for $750 million plus contingent payments of up to $50 million.
India's IL&FS reaches $40m first close on growth fund
India's IL&FS Investment Managers (IIML) - the PE unit of Infrastructure Leasing & Financial Services - has made a first close on its latest growth fund at $40 million.
Valiant leads $26m Series D for India's FirstCry
Valiant Capital Partners has led a $26 million Series D round for Brainbees Solutions, the Indian start-up behind babies and children-focused retailer FirstCry.com.
L Capital Asia exits India's PVR Leisure via share buyback
L Capital Asia has exited its stake in PVR Leisure, a unit of India multiplex operator PVR, via a share buyback arrangement with the parent.
Canada's Fairfax Financial raises $1b for India investment unit
Canada-based Fairfax Financial Holdings has raised $1 billion for its recently-formed India investment unit through a combination of an IPO and a private placement.
Clearwater makes partial exit from India's Oricon
Special situations investor Clearwater Capital Partners has made a partial exit from Mumbai-listed diversified company Oricon Enterprises, selling a 2.9% stake via an open market trade.
Hillhouse leads Series B for India auto portal CarDekho
Hillhouse Capital has led a Series B round of funding worth $50 million for GirnarSoft, owner and operator of India-based automobile trading platform and information portal CarDekho.
Goldman backs Antuit's big data ambitions
Various factors influence the amount of milk a cow produces – breed, diet, weather, living conditions and the calving cycle among them. Working with one of its clients, dairy giant Fonterra, Singapore-headquartered big data analytics firm Antuit now collects...
Asia start-ups: The SoftBank effect
SoftBank has laid down a marker in Asia’s technology space over the past six months, investing nearly $2 billion and promising much more. What does this say about the Japanese giant’s broader ambitions?
Kaizen backs India's Impartus Innovations
Education-focused Indian GP Kaizen Private Equity has made a $4.1 million Series A investment in video learning platform Impartus Innovations.