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.
India's IL&FS names new CEO for PE unit
IL&FS Investment Managers (IIML), the private equity arm of India's Infrastructure Leasing & Financial Services (IL&FS, has appointed Krishna Kumar, previously a senior managing partner, as CEO.
Helion co-founder launches $100m India fintech fund
Rahul Chandra, co-founder and managing director at India-based Helion Venture Partners, is looking to raise $100 million for an early-stage fund. He will retain his existing portfolio management responsibilities at Helion.
Fairfax to part exit India's ICICI Lombard
Fairfax Financial Holdings will sell a 12.2% stake in ICICI Lombard General Insurance to a group of PE investors including Warburg Pincus, Tamarind Capital, and IIFL Asset Management.
Everstone re-ups in India's Servion
Everstone Capital has invested $8 million in Indian customer experience management (CEM) solutions provider Servion Global Solutions, raising its total stake in the company to $74 million.
VC investors to exit India's ItzCash to strategic
US-based software developer Ebix has agreed to buy a majority stake in Indian financial technology firm ItzCash, providing an exit for its VC backers including Lightspeed Venture, Matrix Partners and Intel Capital.
SAIF, Accel in $30m round for India insurance start-up Acko
Acko General Insurance, an Indian online insurance broker, has raised $30 million from a group of investors including SAIF Partners and Accel Partners.
IFC proposes $40m commitment to Kedaara's second India fund
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering a commitment of up to $40 million to the second India-focused fund of Kedaara Capital.
Sagar Ratna founder buys out India Equity Partners
Jayaram Banan, the founder of Indian restaurant chain Sagar Ratna, has bought out India Equity Partners’ (IEP) majority stake in the company.
Portfolio: Samara Capital and Cogencis
Cogencis’ market data terminals have made a strong showing in India against Bloomberg and Thomson Reuters. Now the Samara Capital-backed company is looking to repeat that success worldwide
Lok leads $5.6m Series B for India's Ummeed
Lok Capital has led a $5.6 million Series B round for Indian affordable housing finance company Ummeed Housing Finance.
India's PE-backed Dixon Technologies files for IPO
Dixon Technologies, a contract electronics manufacturer based in India, has filed for an IPO that will provide an exit to Motilal Oswal Private Equity (MOPE).
Jungle leads $5.3m Series A for India's PaySense
Jungle Ventures has led a $5.3 million Series A round for Indian online credit platform PaySense.
SoftBank invests in India's Paytm
SoftBank Group has invested in One97 Communications, the parent company of Indian online payments and e-commerce platform Paytm.
GIC invests in India's Capital First, Warburg Pincus part exits
Warburg Pincus has sold a 25% stake in India-listed non-banking financial company (NBFC) Capital First to a group of buyers including Singapore sovereign wealth fund GIC Private.
IFC proposes $75m investment in India's Max Healthcare
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering an investment of up to $75 million in Indian hospital chain Max Healthcare.
CPPIB commits $500m to India logistics joint venture
Canada Pension Plan Investment Board (CPPIB) has committed $500 million to IndoSpace Core, a joint venture focused on acquiring and developing logistics facilities in India.