India
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.
Bain sues Big Four auditor over India kidswear deal
Bain Capital is taking legal action against EY – formerly Ernst & Young – in a US court, alleging that its now worthless investment in India’s Lilliput Kidswear was made on the basis of false financial statements that the accounting firm had audited....
Bain makes partial exit from India's Hero MotoCorp
Bain Capital has made a partial exit of roughly one third of its holding in MotoCorp, India’s largest motorcycle and scooter manufacturer, selling the stake for approximately INR14.8 billion ($248 million).
Japan's Meiji acquires India drug maker, Temasek exits
Japanese conglomerate Meiji Holdings has acquired Medreich, an Indian pharmaceutical company backed by Singapore sovereign wealth fund Temasek Holdings, for $290 million via its subsidiary Meiji Seika Pharma.
Peepul Capital backs India's Cura Healthcare
India-focused Peepul Capital has invested $6 million in Cura Healthcare, a high-end radiology equipment maker.
Mayfield invests further $5m in India ATM surveillance firm
Mayfield Fund has invested an additional INR300 million (over $5 million) in Indian ATM e-surveillance firm Securens Systems through a subscription to preference and equity shares.
Bain-backed Emcure Pharma withdraws IPO
Emcure Pharmaceuticals, the Indian drugs developer backed by Bain Capital, has withdrawn its plans to go public. The listing - which was to raise INR5 billion ($84 million) - is the fourth PE-backed IPO to be pulled in India this year.
India's FashionandYou raises $10m Series D round from VCs
Indian discount e-commerce fashion site FashionandYou.com has raised $10 million from new and existing investors in a Series D round of funding including Sequoia Capital, Smile Group, Norwest Venture Partners, Intel Capital and Nokia Growth Partners....
Providence tunes into India TV shopping
To trace the origins of Providence Equity Partners' latest India deal it is necessary to look back to the PE firm's INR3.58 billion (US$71.36 million) joint investment in Hathway Cable & Datacom in 2012. Providence and Macquarie acquired a 17.3% stake...
Greater Pacific in $12m part exit from India's Edelweiss
Greater Pacific Capital (GPC) has sold part of its stake in India's Edelweiss Financial Service for INR707 million ($12 million) via an open market transaction.
GenNext leads Series B round for India's Covacsis
GenNext Ventures - the VC arm of Reliance Industries - has led a Series B round of investment in India-based enterprise software developer Covacsis Technologies.
L Capital adds ex-Reliance Retail CEO to advisory board
L Capital Asia, a PE firm backed by luxury goods conglomerate LVMH, has added Bijou Kurien, former CEO India's Reliance Retail, as a member of the strategic advisory board.
India VC Reservoir reaches first close on maiden fund
India early stage investor Reservoir Investment Managers has reached a first close on its maiden fund, Exfinity Technology Fund - Series I (ETF-I).
Indian Angel Network launches incubation program
The Indian Angel Network (IAN) has launched an incubation program in association with German developmental aid agency GIZ and the Small Industries Development Bank of India (SIDBI).
Sequoia commits $15m to India gaming company
Sequoia Capital has provided $15 million in Series A funding to Octro, an India-based mobile games developer.
Providence to buy Star Group's stake in India shopping JV
Providence Equity Partners has acquired a 50% interest in home-shopping channel Star CJ Network India from Star Group. The business is a joint venture with Korea-based CJ O Shopping.
Clearwater in partial exit from India's Diamond Power Infra
Asia special situations investor Clearwater Capital Partners has part-exited India's Diamond Power Infrastructure by selling a 5.5% stake for INR271 million ($4.57 million) via an open market transaction.
Bertelsmann, NVP back India furniture marketplace
Norwest Venture Partners (NVP) and international media company Bertelsmann have teamed up to invest in Pepperfry.com, an Indian online marketplace specializing in furniture and home accessories.