India
Baring pursues $1.1b privatization of India's Hexaware
Baring Private Equity Asia, which already holds a majority stake in Indian IT services provider Hexaware Technologies, is offering to privatize the business at a valuation of INR85 billion ($1.1 billion).
Mubadala to invest $1.2b in India's Jio Platforms
Abu Dhabi sovereign wealth fund Mubadala has agreed to invest INR90.9 billion ($1.2 billion) in Jio Platforms, the holding company for various internet and telecom assets owned by Indian oil-to-retail conglomerate Reliance Industries.
India's Info Edge targets $100m for debut fund
Info Edge India, the holding company for Indian jobs portal Naukri, is looking to raise INR7.5 billion ($100 million) for a debut venture capital fund.
India's Iron Pillar sells GP stake to US investor
Indian venture capital player Iron Pillar Capital Management has brought in US-headquartered real estate investment firm Nitya Capital as a strategic investor.
Singapore's Antler launches India operation, targets $50m fund
Singapore-based start-up incubator Antler will launch operations in India later in the year and plans to raise upto $50 million to invest in start-ups in the country.
Temasek-owned Fullerton India gets parent funding
Fullerton India Credit (FICC), an Indian non-banking financial company (NBFC) owned by Singapore's Temasek Holdings, has raised INR7.5 billion ($100 million) in funding from its parent.
Basis Vectors launches $50m fund for SaaS investments
Basis Vectors, a US-headquartered investment firm established by the Indian founder of a VC-backed start-up, has raised a $50 million fund that will acquire and develop software-as-a-service (SaaS) companies.
KKR-backed IndiGrid acquires $41m transmission asset
India Grid Trust (IndiGrid), an infrastructure investment trust backed by KKR and GIC Private, has acquired a power distribution company in north India for INR3.1 billion ($134 million).
Jio Platforms: Elephant in the room
India’s Jio Platforms has received substantial private equity backing as it looks to build a digital platform that is all things to all people, from cable to retail. Will it succeed?
Deal focus: Shiprocket joins the tribe
US-based Tribe Capital sees similar qualities in Indian logistics aggregator Shiprocket as in other software-as-a-service stalwarts
India's Inventus backs EV manufacturer
Indian VC firm Inventus Capital has led a INR200 million ($2.6 million) funding round for local electric vehicle (EV) manufacturer Euler Motors.
IFC set to back Endiya's second India fund
The International Finance Corporation (IFC) plans to invest $10 million in the second fund raised by Endiya Partners, an early-stage venture capital investor based in India.
KKR to invest $1.5b in India's Jio Platforms
KKR has made its largest private equity investment in Asia to date with a commitment of INR113.6 billion ($1.5 billion) in Jio Platforms, the holding company for various internet and telecom assets owned by Indian oil-to-retail conglomerate Reliance Industries....
ADQ launches $300m India, Southeast Asia VC fund
ADQ, a state-owned holding company in the United Arab Emirates, has launched an AED1.1 billion fund ($300 million) that will invest in Indian and Southeast Asian start-ups with expansion plans in the Middle East.
B Capital leads Series B for Indian bookkeeping start-up
B Capital has led a $60 million Series B round for Khatabook, a digital ledger software provider for micro, small and medium-sized enterprises (MSMEs) in India.
Iron Pillar adds $45m to debut India fund
Indian venture capital firm Iron Pillar Capital Management has added $45 million to its maiden fund to support the capital needs of existing portfolio companies.
General Atlantic joins PE backers of Reliance's India app platform
General Atlantic has agreed to invest INR65.98 billion ($870 million) in Jio Platforms, becoming the fourth investor in the holding company for Indian conglomerate Reliance Industries' internet and telecom assets.
Jio Platforms: India's giant in waiting
From Silver Lake to Vista Equity Partners to Facebook, international investors are flocking to Reliance Industries' internet and telecom platform. But can the business deliver on its undoubted potential?
India's Sixth Sense targets $200m for third fund
Sixth Sense, an Indian venture capital firm that invests in early-stage start-ups, has set a target of INR15 billion ($200 million) for its third fund.
Indian agtech start-up raises $5.9m Series A
Indian agricultural technology start-up Intello Labs has raised $5.9 million in a Series A funding round led by Saama Capital, Singapore’s Grow and SVG Ventures-Thrive.
India-China regulation: Punching bag
Chinese venture capital investors have become an increasingly significant presence in India’s venture capital ecosystem, but a recent regulatory reform calls their participation into question
Tribe Capital leads $13m round for Indian logistics aggregator
Shiprocket, an Indian logistics aggregator that primarily solves shipping needs of small businesses, has raised $13 million in a funding round led by US VC firm Tribe Capital.
Carlyle pursues control of India's SeQuent for $210m
The Carlyle Group has reached agreements that could see it pay INR16.3 billion ($216 million) for up to 74% of Indian animal healthcare services provider SeQuent Scientific.
CVC to invest in Indian cancer care chain operator
CVC Capital Partners plans to acquire 36.4% of HealthCare Global Enterprises (HCG) in a deal that ultimately could see it assume majority ownership of the Indian cancer care center operator.