India
Indian regulator reviews SoftBank's Flipkart investment
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.
Indian family offices: Family matters
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
India IPOs: Open window
India's IPO market has boomed in recent years thanks in part to retail investors' enthusiasm for the public markets. But the rewards have not been evenly distributed
Q&A: The Everstone Group's Dhanpal Jhaveri
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
India energy: Power trip
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 backs Indian lifestyle brand Chumbak Design
Gaja Capital has led a INR850 million ($13.2 million) funding round for Indian consumer products company Chumbak Design.
IFC proposes $74m investment in India's Cholamandalam
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.
India's Edelweiss raises $270m pre-IPO fund
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 part-exits India-listed RBL Bank
Norwest Venture Partners has made another partial exit from India-listed financial institution RBL Bank for INR2.9 billion ($44.4 million).
India's VC-backed HomeLane buys Capricoast
Indian interior design company HomeLane, which is backed by Aarin Capital and Sequoia Capital, has bought Accel Partners-backed online furniture marketplace Capricoast.
Sabre, CDC lead $26m Series C for India's Portea
Sabre Partners and CDC Group have co-led a $26 million Series C round for Indian home healthcare business Portea Medical.
SSG buys stake in Cox & Kings subsidiary
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 part-exits India's Future Supply Chain for $19m
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).
India's Paragon closes first fund at $120m
Indian mid-market private equity firm Paragon Partners has closed its debut fund at $120 million.
APG commits $175m to India retail JV
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.
Specialization key to success in India PE – AVCJ Forum
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 backs India impact investment fund
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 invests $15m in Indian fashion retailer
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 co-leads $8m round for Singapore's Active.ai
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 invests $33m in India's Ujjivan
Creador has invested INR2.15 billion ($32.9 million) in Ujjivan Financial Services, the publicly listed holding company for Ujjivan Small Finance Bank.
Bain to invest $1b in India's Axis 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.
Singtel Innov8, Harmony anchor Qubole's $25m Asian push
Singtel Innov8 and Harmony Partners have led a $25 million round of funding to support the Asia expansion of Qubole, a big data firm based in India and the US.
Healthcare funds: Repeat prescription
An assortment of healthcare-focused GPs – most of them in China – have emerged to leverage rising domestic consumption and nascent medical innovation. Does domain expertise mean better deal access?
India's KKR-backed Avendus buys domestic peer Zodius
Avendus Capital, an Indian financial services firm owned by KKR, has bought technology-focused venture capital firm Zodius Capital.