India
Matrix India backs online food-ordering platform LimeTray
Matrix Partners India has provided a Series A round of funding for Alchemy Web Private, operator of online food-ordering platform LimeTray. The size of the commitment was not disclosed.
Tiger Global commits $30m to India property portal
Tiger Global has invested $30 million in India-based property listings website CommonFloor.com, which is ultimately expected to pursue a public listing.
Tata Capital to buy minority stake in Standard Greases
India's Tata Capital is to acquire a 17.36% stake in Mumbai-based Standard Greases & Specialities for an undisclosed sum.
Canaan's Khanna to launch India venture debt fund
Canaan Partners Managing Director Rahul Khanna is to launch a INR3 billion ($49 million) debt fund aimed at supporting early-stage and established technology ventures in India.
Matrix invests in India's Red Monster
Matrix Partners India has invested an undisclosed sum in mobile game developer Red Monster Games.
India local-language media start-up gets $16m from VCs
Sequoia Capital has led a INR1 billion ($16.4 million) round of funding for Verse Innovation, owner and operator of India-based local-language mobile platform NewsHunt.
Global Environment Fund backs India's Shakti Pumps
Global Environment Fund (GEF) has agreed to invest INR450 million ($7.4 million) in Indian submersible water pump manufacturer Shakti Pumps.
India Value Fund picks 10% stake in Biocon research unit
India Vaue Fund Advisors (IVFA) has bought a 10% stake in Syngene International, the research unit of Indian bio-pharmaceuticals firm Biocon, for INR3.8 billion ($62 million).
India's Quikr gets $60m from Tiger Global
Tiger Global Management has led a $60 million round of funding for in Indian online classifieds platform Quikr.
UK's Amadeus Capital to open India office
Amadeus Capital Partners, the UK-based technology venture capital firm, will open an office in India as it looks to invest up to $10 million in local start-ups.
KKR agrees $164.2m financing package for India's GMR Infra
KKR has agreed to invest INR10 billion ($164 million) in ailing Indian infrastructure conglomerate GMR Holdings (GMR), the parent of GMR Infrastructure (GIL), via a structured credit facility.
Temasek wins approval to buy Intas stake from ChrysCapital
Temasek Holdings has received approval from the Competition Commission of India (CCI) to acquire a stake in Intas Pharmaceuticals from ChrysCapital Partners.
India's Power2SME raises $7m Series C round
Power2SME, an Indian group buying start-up, has raised a INR420 million ($6.87 million) Series C round from existing investors Accel Partners, Kalaari Capital and Inventus Capital.
PE-backed Snowman jumps 67.5% on India debut
Snowman Logistics - the PE-backed cold chain unit of Gateway Distriparks - gained 67.5% on its first day of trading on the Bombay Stock Exchange.
India's BigBasket raises $32.8m Series B from Helion, Zodius
Helion Venture Partners and Zodius Capital have led a INR2 billion ($32.8 million) Series B round of investment in BigBasket.com - the Indian online retailer owned by Bangalore-based SuperMarket Grocery Supplies.
CLSA Global invests $25m in Hathway Cable
Singapore-based CLSA Global Market has invested INR1.5 billion ($24.7 million) in Hathway Cable & Datacom, India's largest cable service operator by revenue.
TA Associates hires Naresh Patwari as Mumbai office director
TA Associates has hired Naresh Patwari as a director in its Mumbai office to focus on growth equity investments in India and other emerging markets.
IvyCap, IDG invest in Indian online apparel retailer eShakti
IvyCap Ventures and IDG Ventures India (IDGVI) have participated in a undisclosed Series B round investment for India's eShakti.com, an online women's apparel retailer.
Clearwater exits India's Dolphin Offshore
Clearwater Capital Partners has exited its 6.53% stake in Indian marine operation and construction company Dolphin Offshore Enterprises via an open market transaction.
GenNext Ventures, Microsoft India launch tech accelerator
GenNext Ventures, the VC arm of Reliance Industries, has tied up with Microsoft Ventures India to launch an accelerator program, with a view to catalyzing the Indian technology start-up ecosystem.
Providence makes partial exit from India's Idea Cellular
Providence Equity has made a partial exit from Idea Celluar, a Indian mobile network operator promoted by Aditya Birla Group, selling a 2.3% stake - or a quarter of its previous holding - for around INR14.1 billion ($234 million) via an open market transaction....
Rocket, Kinnevik to form emerging market fashion e-commerce giant
German start-up incubator Rocket Internet and Investment AB Kinnevik, Rocket's biggest backer, are to consolidate five emerging market fashion e-commerce brands into a single global company with a combined valuation of EUR2.7 billion ($3.5 billion).
IFC invests $27.5m in Indian food additives producer
World Bank investment arm International Finance Corporation (IFC) has invested $27.5 million in Lucid Colloids, one of the top four producers of food additive guar gum.
KKR loses India private equity head
Heramb Hajarnavis, a director and leader of KKR’s private equity business in India, is leaving the firm to pursue other opportunities.
