India
Iron Pillar leads $22m round for India's Vyome Therapeutics
Indian venture capital firm Iron Pillar Capital Management has led a $22 million Series D round for Vyome Therapeutics, a domestic pharmaceuticals developer focused on skin diseases.
India's CarDekho secures $110m Series C
Indian online automobile marketplace CarDekho has raised $110 million in Series C funding from investors including Sequoia Capital India, Hillhouse Capital, CapitalG – an investment arm of Alphabet, parent of Google – and Axis Bank.
KKR to assume control of Indian hospital operator Max Healthcare
KKR-backed Radiant Life Care is taking majority control of Indian hospital operator Max Healthcare, three months after agreeing to buy a 49.7% stake held by South Africa’s Life Healthcare Group.
Naspers leads $1b Series H for India's Swiggy
Naspers has re-upped in Indian online food ordering and delivering platform Swiggy, leading a $1 billion Series H round of funding for the company.
Ola, VCs back India scooter sharing player Vogo
India-based ride-hailing platform Ola has committed $100 million worth of inventory to domestic scooter sharing business Vogo. It is part of a Series A round that also features Matrix Partners India and Stellaris Venture Partners.
Actis exits India's Symbiotec to MOPE, Invascent
Motilal Oswal Private Equity (MOPE) and healthcare-focused GP Invascent Capital have invested in Indian pharmaceutical developer Symbiotec Pharmalab, providing an exit for Actis Capital.
Multiples invests $35m in Indian NBFC
Indian private equity firm Multiples Alternative Asset Management has invested INR2.5 billion ($34.8 million) in non-banking finance company (NBFC) APAC Financial Services.
Everstone's IndoSpace closes India logistics fund at $580m
IndoSpace, a joint venture between Everstone Group and US-based Realterm Global that develops Indian industrial and logistics facilities, has closed its third fund at $580 million.
Deal focus: India's Licious cuts in a heavyweight
Indian online fresh meat and seafood delivery company Licious felt compelled to raise its Series D round within three months of its Series C after a segment leader from Japan made an irrefutable offer
ADB backs Creador's Southeast Asia fund
Creador has raised $50 million for its fourth Southeast Asia and India-focused private equity fund from the Asian Development Bank (ADB).
Everstone, GLP to invest $500m in India logistics
Everstone Group has established a partnership with Singapore-based warehouse operator GLP to invest $500 million in India’s logistics ecosystem.
Accel, Qualcomm join $35m round for India's Ninjacart
Accel Partners and Qualcomm Ventures have joined an INR2.5 billion ($35 million) funding round for Indian agriculture industry platform operator Ninjacart.
The crystal ball: Predictions for 2019
Industry participants share their outlooks on some of the biggest economic drivers of the day, including fast-growing sectors and shifting deal making factors across Asia’s varied markets
CDC backs Asia PE, VC funds
UK-based development finance institution (DFI) CDC Group has made commitments to several private equity and venture capital funds based in Asia as part of its global investment strategy.
2018 in review: Volatility vortex
Pan-regional funds attract the bulk of capital while the renminbi space withers; mixed fortunes for internet IPOs and trade sales; big buyouts fail to deliver but growth-stage tech stays strong
Portfolio: Actis Capital and Sprng Energy
In renewable energy platform Sprng, Actis Capital sees an opportunity to replicate the success it enjoyed with recently-exited Ostro Energy. A strong foundation based on alignment with management is the key
India's PE-backed Byju's raises $400m
Indian online education start-up Byju’s has raised a $400 million funding round led by Naspers Ventures, an investment arm of South African media conglomerate Naspers.
Q&A: Bain Capital's Jonathan Lavine
Asia’s private credit markets are underdeveloped given the size of the regional economy. Jonathan Lavine, co-managing partner of Bain Capital and CIO of Bain Capital Credit, assesses the growth potential
CX buys stake in India's Veeda Clinical Research
CX Partners has led a consortium of private equity investors to commit an undisclosed sum to Indian contract research organization Veeda Clinical Research.
India's Licious raises $25m Series D
Delightful Gourmet, operator of Indian online fresh meat and seafood ordering platform Licious, has raised $25 million in Series D funding to support its geographical expansion.
True North backs Zydus' acquisition of Heinz India
True North has invested INR10 billion ($140 million) in Indian health products manufacturer Zydus Wellness to support its acquisition of Heinz India.
Grab invests $100m in India's Oyo
Southeast Asian ride-hailing player Grab has invested more than $100 million in India-based online hospitality platform Oyo.
Lighthouse invests $35m in India's Aqualite
Lighthouse Funds has invested more than INR2.5 billion ($35 million) for a minority stake in Aqualite Industries, an Indian footwear manufacturer.
ChrysCapital acquires US health-tech player
Indian private equity firm ChrysCapital has acquired a majority stake in GeBBS Healthcare Solutions, a California-based developer of enterprise technology for the healthcare sector.