India
Standard Chartered PE commits $83m to Indian power business
Standard Chartered Private Equity (SCPE) will invest INR5 billion ($83 million) in the power grid subisiary of Sterlite Technologies, a listed Indian transmission solutions provider for the telecom and power industries.
Morgan Stanley PE Asia closes Fund IV at $1.7b
Morgan Stanley Private Equity Asia (MSPEA) has closed its fourth Asian fund at approximately $1.7 billion. The vehicle launched in mid-2012 with a target of $1.5 billion and reached a first close later that year of around $750 million.
Multiples makes partial exit from South Indian Bank
India's Multiples Alternate Asset Management has made a partial exit from locally-listed South Indian Bank (SIB), selling one fifth of its stake for around INR428 million ($8 million).
Sequoia supports India customer feedback platform
Sequoia Capital has led a $5 million round of funding for Akosha, an Indian online consumer feedback platform. This follows a $200,000 seed stage investment by the VC firm in 2011.
Goldman, ADB, GEF commit $140m to India's ReNew Power
Indian renewable energy producer ReNew Power Ventures has received $140 million in funding from Asian Development Bank (ADB), Global Environment Fund (GEF), and existing investor Goldman Sachs.
NewQuest closes Fund II, prepares for hydropower take-private
NewQuest Capital Partners has reached a final close of $316 million on its second pan-Asia fund, exceeding the $300 million target. The announcement comes as the secondaries specialist is poised to take private US-listed China Hydroelectric in a deal...
JBIC invests $10.5m in India-based Takshasila Hospitals
The government-backed Japan Bank for International Cooperation (JBIC) has invested INR630 million ($10.5 million) in India's Takshasila Hospitals, which operates Sakra World Hospital in Bangalore.
IFC commits $25m to India's Au Financiers
International Finance Corporation (IFC) has invested $25 million more in Indian non-banking financial company (NBFC) Au Financiers through a private placement of non-convertible debentures.
Fidelity leads Series C for India's Milk Mantra
Fidelity Growth Partners India has led an INR800 million ($13.3 million) Series C round of investment in Milk Mantra Dairy.
Bertelsmann backs India's Nirvana Ventures
Global media group Bertelsmann has made an LP commitment to Digital Nirvana Fund, an India-focused vehicle that supports start-ups in the digital space.
Catamaran Ventures teams up with Amazon in India
Catamaran Ventures, the private investment arm of Infosys co-founder N.R. Narayana Murthy, has formed a joint venture with Amazon intended to help small and medium-sized enterprises (SMEs) in India get online.
Cisco allocates $40m to Indian start-ups
Cisco Investments, the VC arm of Cisco, has allocated $40 million to fund early-stage companies in India.
Intel Capital backs New Zealand, India software start-ups
Intel Capital, the captive VC arm of the global chipmaker, has announced investments in two software developers, based in New Zealand and India, respectively.
Creador's water scarcity play
The purchase of a minority stake in Vectus Industries, an Indian manufacturer of plastic water tanks and pipes, takes Creador’s tally to $100 million across five deals so far this year. Each investment came from the Southeast Asia and India-focused GP’s...
Canada's CPPIB commits $322m to Indian infrastructure
Canada Pension Plan Investment Board (CPPIB) has agreed to invest INR20 billion ($322 million) in L&T Infrastructure Development Projects, a subsidiary of India’s largest engineering and construction company, Larsen & Toubro.
ADB invests $50m in India's Welspun Renewables
The Asian Development Bank (ADB) has committed $50 million to the renewable energy division of India’s Welspun Group. It is the group’s largest direct equity investment in the renewable energy space.
Creador backs Indian water tank maker Vectus
Southeast Asia and India-focused GP Creador has paid INR1 billion ($16.7 million) for a minority stake in Vectus Industries, an Indian manufacturer of plastic water tanks and pipes.
Nadathur invests $10m in Indian risk management provider
Nadathur Holdings has invested $10 million in Paladion Networks, an Indian technology firm which provides information risk management.
SAIF leads $25m round for India's BookMyShow
SAIF India has led a INR1.5 billion ($25 million) round of funding for Bigtree Entertainment, the company behind cinema and events ticketing site BookMyShow.
Tano Capital invests $8.5m in India's Safari Industries
Tano Capital will pay INR498 million ($8.5 million) for a 20% stake in Safari Industries India, a plastic moulded luggage maker, through a preferential allotment of shares.
Creador Fund II to reach final close in August
India and Southeast Asia-focused GP Creador is set for a final close of $250 million on its second fund in August, having already raised $220 million.
Intel Capital leads $16m round for India's Vizury
Intel Capital has led a $16 million Series C round of funding for Indian client relations management (CRM) platform Vizury.
Khosla, Battery lead $9.2m Series B for HackerRank
Khosla Ventures and Battery Ventures have led a $9.2 million Series B round of funding for Indian hacker platform HackerRank.
OPIC backs Quadria healthcare fund, CX India mezzanine vehicle
The Overseas Private Investment Corporation (OPIC) has made commitments to Quadria Capital South and Southeast Asia-focused healthcare fund and CX Partners’ India mezzanine fund.