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India

KKR, Goldman to exit as CDPQ invests $155m in India's TVS Logistics

Caisse de dépôt et placement du Québec (CDPQ) has agreed to invest more than INR10 billion ($155 million) in India-based third-party logistics provider TVS Logistics, facilitating an exit for KKR and Goldman Sachs.

  • South Asia
  • 20 October 2016
wall-hole-light-departing
Asia PE-backed IPOs: Fits and starts

Development has been inconsistent in Asia’s IPO markets, with frequent pacing issues and challenges unique to each region. But in the right hands, they can still be highly rewarding for PE investors

  • Australasia
  • 19 October 2016
Fidelity funds join $30m round for Singapore's Eywa

Eight Roads Ventures India and US-based F-Prime Capital - both of which are controlled by Fidelity - have joined a $30 million investment in Singapore and India-based drug manufacturer Eywa Pharma.

  • South Asia
  • 19 October 2016
India's MakeMyTrip to buy Naspers, Tencent-backed ibibo

Indian online travel agent MakeMyTrip has agreed to merge with rival booking portal ibibo Group, which is backed by South African internet conglomerate Naspers Group and China's Tencent Holdings, in an all-stock deal.

  • South Asia
  • 19 October 2016
Lok Capital backs India's Ummeed Housing Finance

Indian venture capital firm Lok Capital has led a $3.5 million Series A round for Ummeed Housing Finance, a Delhi-based low-income property finance company.

  • South Asia
  • 18 October 2016
VC-backed FirstCry buys rival Babyoye

VC-backed Indian baby and child-focused retailer FirstCry.com has acquired rival children's store chain and e-commerce outlet Babyoye.

  • South Asia
  • 17 October 2016
Indian news app Dailyhunt raises $25m

Indian online news aggregator Dailyhunt has raised a $25 million Series D round led by ByteDance, a Chinese VC-backed online content provider.

  • South Asia
  • 17 October 2016
Brookfield to pay $1.6b in Indian cell tower deal

Brookfield Asset Management has agreed to buy the telecom towers assets of Reliance Communications for INR110 billion ($1.6 billion).

  • South Asia
  • 17 October 2016
Nexus commits $7m Series A funding to India's Postman

Nexus Venture partners has committed $7 million in Series A funding to Indian software development tool creator Postman.

  • South Asia
  • 14 October 2016
3Q analysis: Deep pockets of the state

Fundraising hits a record quarterly high, thanks entirely to Chinese government-backed vehicles; Australia, Southeast Asia compensate for investment slowdown in China; India shines on exits

  • Greater China
  • 13 October 2016
PE-backed Azure Power raises $61.4m in US IPO

Azure Power, an Indian solar panel company backed by several PE investors, has raised $61.4 million in its IPO on the New York Stock Exchange.

  • South Asia
  • 13 October 2016
Profile: Saama Capital's Ash Lilani

Ash Lilani of Saama Capital has seen India’s VC community develop from pure growth deals to support a population of true entrepreneurs. Now he hopes to help the country keep building on its strengths

  • South Asia
  • 11 October 2016
KKR platform Emerald Media commits $50m to Indian streaming site

Emerald Media, a pan-Asian media and entertainment investment platform founded by KKR, has committed $50 million to India and US-based video-streaming provider YuppTV.

  • South Asia
  • 11 October 2016
Invascent invests $6m in Indian IVF clinic chain

Indian healthcare-focused GP Invascent Capital has committed $6.2 million to in-vitro fertilization (IVF) clinic chain Oasis Centre for Reproductive Medicine.

  • South Asia
  • 11 October 2016
Everstone buys US-based CRM firm to support India expansion

Everstone Group has agreed to buy US-based customer relationship management (CRM) solutions provider CustomerContactChannels (C3) with a view to helping the company expand in India.

  • South Asia
  • 07 October 2016
InnoVen ramps up India venture debt funding

InnoVen Capital has provided more than $20 million in venture debt across 15 deals for new and existing portfolio companies in India in the second quarter of the 2017 financial year.

  • South Asia
  • 07 October 2016
India's Ventureast reaches $83m first close on tech fund

Indian venture capital firm Ventureast Fund Advisors has reached a first close of $83 million on its latest technology-focused fund.

  • South Asia
  • 06 October 2016
IDFC to buy Indian wind power business

IDFC Alternatives has agreed to buy a wind power business owned by Indian conglomerate Jindal Steel & Power.

  • South Asia
  • 05 October 2016
CDPQ to invest $700m in Edelweiss for India credit deals

Caisse de dépôt et placement du Québec (CDPQ) has agreed to invest up to $700 million in Edelweiss Group for investments in private debt in India.

  • South Asia
  • 04 October 2016
PE-backed Continental Warehousing files for India IPO

Indian logistics provider Continental Warehousing has filed for a domestic IPO, setting up The Abraaj Group for a full exit. Warburg Pincus is expected to make a partial exit.

  • South Asia
  • 03 October 2016
PE investors set for partial exits in Genesis Colors' India IPO

Indian fashion brand manufacturer and distributor Genesis Colors has filed an IPO that will provide a partial exit for private equity backers including Henderson Equity Partners, Mayfield India and InnoVen Capital.

  • South Asia
  • 03 October 2016
Sequoia leads $51m round for Indian data security firm Druva

Sequoia Capital has led a $51 million funding round for Indian cloud data security and information management solutions provider Druva.

  • South Asia
  • 29 September 2016
India's SIS files for IPO, CX set for partial exit

CX Partners is on course to make a partial exit from India-based Security & Intelligence Services (SIS) as part of the company’s domestic IPO.

  • South Asia
  • 29 September 2016
PE-backed Go-Jek acquires India home healthcare start-up

Go-Jek, an Indonesian mobile ride-hailing and delivery platform backed by several PE investors, has bought Bangalore-based online home healthcare services platform Pianta, its third acquisition in India.

  • South Asia
  • 28 September 2016
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