India
Carlyle growth fund buys India BPO player
The Carlyle Group has acquired Indian healthcare business process outsourcing (BPO) provider Visionary RCM Infotech through its latest Asia growth fund, Carlyle Asia Growth Partners V (CAGP V).
Deal focus: The flair apparent
Gaja Capital’s investment in Chumbak Design aims to leverage an emerging sub-trend in India’s growing consumer space where style-conscious millennials are making their mark
AVCJ Awards: Fundraising of the Year - Mid Cap: Kedaara Capital
Having proved an ability to return capital to LPs from its debut fund, Kedaara Capital took just three months to hit the hard cap on its second India vehicle
TPG Growth closes fourth fund at $3.7b
TPG Capital has closed its fourth global middle market and growth equity fund at the hard cap of $3.7 billion after four months in the market.
L Catterton invests in Indian restaurant operator
L Catterton Asia, the regional arm of consumer-focused GP L Catterton, has invested in Indian restaurant operator Impresario Entertainment and Hospitality.
The crystal ball: Predictions for 2018
From China to Australia and secondaries to venture debt, industry participants share their perspectives on the year to come for fundraising, investments and exits
US, India-based MindTickle raises $27m Series B
US and India-based training and networking platform operator MindTickle has raised $27 million in Series B funding led by Canaan Partners.
Accel leads $10m round for India's HomeLane
Accel Partners has led a $10 million Series C round for Indian interior design start-up HomeLane.
India's Teabox closes $7m Series B
Teabox, an online delivery service for fresh Indian tea, has closed a $7 million Series B funding round led by RB Investments.
CDC leads $19m round for India's Veritas
UK-based development finance institution CDC Group has led an $18.6 million Series B round for Indian non-banking finance company (NBFC) Veritas Finance.
2017 in review: Peak of the cycle?
Large-cap buyouts take private equity investment to record high; KKR leads the way in fundraising, but renminbi vehicles still distort the market; IPOs flourish amid global public markets boom
ICICI Venture set to part-exit India's KIMS via IPO
India’s ICICI Venture Funds Management will exit part of its stake in Krishna Institute of Medical Sciences (KIMS) in a planned domestic IPO.
Warburg Pincus invests $350m in India's Bharti Telemedia
Warburg Pincus has invested $350 million in Bharti Telemedia, the direct-to-home (DTH) satellite television services arm of Indian telecom services provider Bharti Airtel.
GTI-backed Sandhar files for India IPO
Indian auto components maker Sandhar Technologies has filed for an IPO that will provide an exit for its private equity backer GTI Capital.
IFC proposes $20m commitment to Lighthouse India fund
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering a commitment of up to $20 million in the third India-focused vehicle of Lighthouse Funds.
Indian firms must prove their worth to LPs – AVCJ Forum
LPs still find India an attractive market for investments, but fund managers must actively pursue them and make the case for their strategies.
Indian entrepreneurs drawn to corporate VC – AVCJ Forum
Indian technology start-ups are seeing corporate venture capital arms as attractive partners, but investors must be prepared to show what differentiates them from their parent companies, industry participants told the AVCJ India Forum.
B Capital leads round for India's Mswipe
Indian financial technology company Mswipe has closed a $40 million Series D funding round led by B Capital Group.
India platform building requires GP commitment – AVCJ Forum
Indian GPs are increasingly attracted to platform-building strategies for adding value to their portfolio companies, but PE investors attempting this approach must be prepared to commit enough time and resources to see it through.
Consolidation remains key to India VC – AVCJ Forum
Indian venture capital investors see consolidation plays as central to adding value to their portfolio companies and achieving exits, though the specifics of the strategy will vary by industry.
ADIA buys stake in KKR's India NBFC
The Abu Dhabi Investment Authority (ADIA) has invested in KKR India Financial Services (KIFS), an Indian non-banking finance company (NBFC) backed by KKR.
Paragon part-exits India's Capacite for $14m
Paragon Partners has made a partial exit from Indian construction firm Capacite Infraprojects - which went public earlier this year - for INR876 million ($13.6 million).
India NBFCs: The next level
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
India IPOs: Open window
Record public market valuations have facilitated a wave of private equity-backed IPOs on Indian bourses.