India’s NBFCs remain an attractive entry to an underserved finance market, but the growing maturity of the segment means returns may be more modest going forward
Record public market valuations have facilitated a wave of private equity-backed IPOs on Indian bourses.
SoftBank Group’s investment in Indian e-commerce giant Flipkart, which is expected to facilitate an exit for several existing investors, is being reviewed by the country's competition regulator.
The shift from blind pool funds to direct investments doesn’t reflect the preferences of all Indian family offices, but exposure to fast-growing technology start-ups is an increasingly powerful draw
Dhanpal Jhaveri, a managing partner at The Everstone Group, explains his positive outlook for private equity in India, from robust public market exits to the appeal of platform plays
A sudden shake-up in the economics of India’s energy sector has piqued investor appetite to the point of indigestion. As the market settles, a long-term growth story appears set to support a range of industries
Gaja Capital has led a INR850 million ($13.2 million) funding round for Indian consumer products company Chumbak Design.
Growing interest in control deals among Indian GPs means increased pressure to demonstrate value-add capabilities. Improving portfolio companies requires attention to the country’s unique corporate landscape
The International Finance Corporation (IFC), the investment arm of the World Bank, has proposed a INR4.8 billion ($74 million) investment in Indian non-banking finance company (NBFC) Cholamandalam Investment & Finance.
Edelweiss Financial Services has raised a new fund to invest in pre-IPO funding rounds for Indian companies, with a corpus of INR17.5 billion ($271 million).
Norwest Venture Partners has made another partial exit from India-listed financial institution RBL Bank for INR2.9 billion ($44.4 million).
Indian interior design company HomeLane, which is backed by Aarin Capital and Sequoia Capital, has bought Accel Partners-backed online furniture marketplace Capricoast.
Sabre Partners and CDC Group have co-led a $26 million Series C round for Indian home healthcare business Portea Medical.
Hong Kong-based special situations investor SSG Capital Management has paid an undisclosed sum for a 34.4% stake in a UK subsidiary of Indian travel company Cox & Kings (C&K) known as Prometheon Holdings.
SSG Capital Management has made a partial exit from Future Supply Chain (FSC), a supply chain and logistics subsidiary of India’s Future Enterprises (FEL), for INR1.25 billion ($19 million).
Indian mid-market private equity firm Paragon Partners has closed its debut fund at $120 million.
Dutch pension fund manager APG Asset Management has committed $175 million to Virtuous Retail South Asia (VRSA), its India-focused retail joint venture with London-based emerging markets investment firm Xander Group.
Private equity has proven its worth as an asset class in India, but industry participants say achieving success in the market requires a specialized approach.
CDC Group has committed $25 million to Aavishkaar Venture Management’s latest India impact investment fund, which is targeting $200 million for deployment in small and medium-sized enterprises (SMEs) that serve poorer communities.
Accel Partners has invested about INR1 billion ($15.3 million) in Universal Sportsbiz (USPL), an Indian fashion retailer that focuses on sports apparel under the name Collectabillia.
Vertex Ventures, the VC arm of Singapore’s Temasek Holdings, has co-led an $8.25 million Series A round for Singapore-based financial technology platform Active.ai.
Creador has invested INR2.15 billion ($32.9 million) in Ujjivan Financial Services, the publicly listed holding company for Ujjivan Small Finance Bank.
Bain Capital Private Equity will invest INR68.5 billion ($1.05 billion) in India’s Axis Bank through a combination of equity shares and warrants that – on conversion – will give it a 4.87% stake.