India
Matrix, Falcon Edge join $31m round for India's Mswipe
Indian mobile point-of-service (POS) developer Mswipe has raised a $31 million funding round led by RNT Capital Advisors, with participation by existing investors Matrix Capital Partners, Falcon Edge Capital and DSG Consumer Partners.
Lightspeed leads $4m Series A for India's Darwinbox
Lightspeed India Partners has led a $4 million Series A round for Indian human resources (HR) services platform operator Darwinbox.
PE-backed IEX files for India IPO
Online energy trading platform India Energy Exchange (IEX) has filed for an IPO, providing a partial exit for several private equity backers.
Eight Roads leads $12.5m Series C for India's Unbxd
Eight Roads Ventures has led a $12.5 million Series C funding round for Unbxd, an India-founded e-commerce services company now headquartered in the US.
Co-founders depart India VC debt provider InnoVen
Ajay Hattangdi (pictured), co-founder, group CEO and COO for India at venture debt firm InnoVen Capital, has left the firm along with co-founder and deputy CEO Vinod Murali. They plan to launch a fund of their own.
OPIC to invest $195m in India, Indonesia
The Overseas Private Investment Corporation (OPIC), a development finance institution (DFI) backed by the US government, has approved $195 million for investments in India and Indonesia.
Tata targets $600m for second opportunities fund
Tata Capital is looking to raise $600 million for the second Tata Opportunities Fund, a private equity vehicle that invests in Tata group entities as well as other independent Indian businesses.
Warburg Pincus to invest $360m in Tata Technologies
Warburg Pincus has agreed to invest $360 million in Tata Technologies, the engineering outsourcing and product development IT services arm of Indian conglomerate Tata Group.
Blackstone completes dividend recap of India's Mphasis
Indian IT services provider Mphasis has issued $500 million in bonds, the proceeds of which will be used to recapitalize its debt and make a dividend payment to majority owners The Blackstone Group and GIC Private.
Sequoia India hires Deutsche Bank tech investor as MD
Sequoia Capital has hired Piyush Gupta, the former head of technology, media and telecom (TMT) investment banking at Deutsche Bank, as a managing director in its India unit.
Sequoia leads $9m Series A for India's MoneyTap
Sequoia Capital India has led a $9 million Series A round for domestic financial technology start-up MoneyTap.
Nexus, Founders Fund invest $7m in India's HyperTrack
Nexus Venture Partners and Founders Fund have committed $7 million in Series A funding to Indian location-tracking tool developer HyperTrack.
India's Fireside reaches $28m first close on debut fund
Fireside Ventures, an Indian VC firm set up by Helion Venture Partners co-founder Kanwaljit Singh (pictured), has reached a first close of INR1.8 billion ($28 million) on its debut fund.
India's Lendingkart raises $7.8m growth round
Indian commercial lender Yes Bank has extended a INR500 million ($7.8 million) loan to domestic VC-backed finance platform provider Lendingkart.
India, Russia investors form $200m cross-border IT fund
India-listed Srei Infrastructure Finance and Russia’s state-backed Vnesheconombank have agreed to establish a $200 million fund that will promote IT and innovation exchange between the two countries.
IDG partners Unilever, AWS on India early-stage program
IDG Ventures India has joined Unilever Ventures and Amazon Web Services (AWS) for an initiative aimed at supporting early-stage technology start-ups in India.
Deal focus: Swiggy aims to deliver on food promise
Swiggy plans to use its $80 million Series E round of funding to challenge the likes of Zomato and Food Panda for market leadership in India's online food delivery industry
Q&A: Vertex Ventures' Ben Mathias
Ben Mathias, managing director and head of India at Temasek Holdings-backed Vertex Ventures, discusses the firm’s priorities for adding value to Indian start-ups looking to the global stage
Sequoia discloses China, India fundraising activity
Sequoia Capital has topped up its fourth India fund – having closed the fifth country vehicle early last year – and disclosed that its most recent China growth vehicle closed at $899.5 million.
Emerging India invests $50m in domestic travel site
Emerging India Focus Funds has invested $50 million in Indian online travel portal Goomo, a division of its portfolio company Orbit Corporate & Leisure Travels.
Fairfax India ups Bangalore airport stake to 48%
Fairfax India Holdings will invest INR12.9 billion ($200 million) for a 10% stake in Bangalore International Airport (BIAL), raising its total holding to 48%.
IFC, Tata Capital invest $31m in India's Tata Cleantech
Tata Capital and the International Finance Corporation (IFC) have invested INR2 billion ($31 million) in renewable energy-focused non-banking finance company (NBFC) Tata Cleantech Capital (TCCL).
India demonetization: After the storm
In the aftermath of India’s demonetization policy, the direst predictions have failed to materialize. But the experience has also shown how little power PE firms have in some situations
Naspers leads $80m round India's VC-backed Swiggy
South African internet conglomerate Naspers Group has led a Series E round of funding worth $80 million for Swiggy, an India-based online food-ordering and delivery platform.