India
Blackstone's Asia head Michael Chae to return to New York
Michael Chae, head of international private equity at The Blackstone Group, will move back to New York after a four-year stint in Hong Kong.
India Infoline buys majority stake in PE firm India Alternatives
IIFL Wealth Management, a listed unit of India Infoline (IIFL) Group which is in turn backed by The Carlyle Group, has acquired a majority stake in PE firm India Alternatives Investment Advisors.
Temasek invests $40m in India's StarAgri
Temasek Holdings has invested INR2.5 billion ($40 million) in Indian agri-services provider Star Agriwarehousing and Collateral Management.
SAIF-backed Indian retail platform HomeShop18 files for US IPO
HomeShop18, an Indian television shopping network and online market place backed by SAIF Partners and OCP Asia, has filed to go public on the New York Stock Exchange.
Tata Opportunities Fund commits $50m to Varroc Engineering
Tata Opportunities Fund has invested INR3 billion ($30 million) in Varroc Engineering, an Indian auto component manufacturer owned by Varroc Group.
CDC invests $28m in India's Ratnakar Bank
CDC Group has paid $28 million for a 4.8% stake in India’s Ratnakar Bank, which specializes in lending to small businesses. The bank has been seeking to raise around $60 million ahead of an IPO.
Templeton to raise $100m India PE fund
Franklin Templeton is looking to raise up to INR6 billion ($100 million) for its second India-focused private equity fund.
Siguler Guff closes BRIC fund at $650m
Siguler Guff has raised around $650 million for its third BRIC opportunities fund. The total includes three separate accounts for large institutions.
IFC to invest $85m in PepsiCo's India bottler
International Finance Corporation (IFC) is investing $85 million in Varun Beverages, the largest South Asian bottler for soft drinks giant PepsiCo.
Everstone invests $16m in India fashion house
Everstone Capital has invested INR1 billion ($16.6 million) in Indian fashion label RituKumar in return for an undisclosed minority stake.
ChrysCapital in cross-border IT play
LiquidHub might be described as characteristic of all ChrysCapital’s investments in the IT segment, yet at the same time the US and India-based digital consultancy represents the complete reverse of any other deal the PE firm has done.
India film funding: Bollywood bets
The rapid growth of India’s movie industry is drawing in private equity investors looking for exposure all along the value chain. Those unable to stomach the risk will aim for distribution rather than production
Wolfensohn part exits India's Repco
Wolfensohn Capital has made a partial exit from India Repco Home Finance, a little over a year after it first invested in the company.
LeapFrog invests $29m in India's IFMR Capital
LeapFrog Investments, a US-based specialist investor in financial services in growth markets, has invested $29 million in Indian non-banking finance company (NBFC) IFMR Capital.
Rabo Equity invests in Indian biotech firm
Rabo Equity Advisors' India Agribusiness Fund has invested INR750 million ($13 million) in Beloorbayir Biotech, a Bangalore-based drug developer.
Kalaari provides Series A for India big data start-up
Kalaari Capital has committed $3 million in Series A funding to Germin8, a Mumbai-headquartered big data analytics company.
India's Annapurna Microfinance raises $5m Series B round
The state-backed Belgian Investment Company for Developing Countries (BIO) has led a INR300 million ($5 million) Series B round for India's Annapurna Microfinance.
Mitsui leads $60m round for NZ cleantech play LanzaTech
Japan's Mitsui & Co has led a $60 million Series D round for New Zealand-based low-carbon fuels producer LanzaTech.
Nexus, Avalon re-up in big data platform Indix
Nexus Venture Partners and Avalon Ventures have re-upped their investment in India-based big data firm Indix Corporation via a $8.5 million Series A-1 round of funding.
India start-up targets tea change
Building a business around tea was a logical move for Kaushal Dugar when he left his job as a corporate finance analyst in Singapore to become an entrepreneur back home in India. It has been part of the family business for 80 years. But tea plus e-commerce...
PE and elections: A vote of confidence?
Investors often cite elections as impediments to deal flow, as applications are delayed or applications held over until votes are counted. With Indonesia and India preparing for elections, what does it mean for PE?
ChrysCapital leads Series B for LiquidHub
India's ChrysCapital has lead a $53 million round of Series B funding for LiquidHub, a US-headquartered digital business consultancy.
GVFL eyes $1b fund for Japanese ventures in India
Indian private equity investor Gujarat Venture Finance Limited (GVFL) will launch a $1 billion fund targeting Japanese enterprises in Gujarat - its largest vehicle to date.
ChrysCapital invests $20m in India's Torrent Pharma - report
ChrysCapital is said to have acquired a stake in Ahmedabad-based drug company Torrent Pharmaceuticals for around INR1.2 billion ($19 million).