India
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.
IDFC to buy Indian wind power business
IDFC Alternatives has agreed to buy a wind power business owned by Indian conglomerate Jindal Steel & Power.
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.
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.
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.
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.
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.
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.
Deal focus: Vertex sees silver lining for CloudCherry
Venture capital investors back CloudCherry's comprehensive, technology-enabled approach to helping corporates better understand their customers in India
Q&A: LeapFrog Investments' Pritesh Modi
In its eight years in Asia, LeapFrog Investments has kept lower-income consumer finance at the center of its investment strategy. Pritesh Modi, director and chief actuary at the firm, discusses the value of a narrow focus
India logistics: Wheels within wheels
A confluence of macro influences is driving demand for modernized logistics in India. Private equity is likely to benefit in a number of areas, but informed targeting and value-add approaches will be key
India's YourNest launches $45m early stage fund
Indian venture capital firm YourNest has launched its second fund for early-stage investments with a target size of INR3 billion ($45.1 million).
CDC commits $50m to India's RBL Bank
UK development finance institution CDC Group has invested INR3.3 billion ($49.7 million) in Indian private lender RBL Bank.
Vertex leads $6m round for India's CloudCherry
Vertex Ventures, the VC arm of Singapore's Temasek Holdings, has led a $6 million Series A round for Indian customer experience management platform CloudCherry alongside Cisco Investments, the corporate VC arm of Cisco Systems.
Unitus joins Series B for India's Leaf
US-based venture capital fund Unitus Impact has joined a Series B round for Indian produce logistics firm Lawrencedale Agro Processing, operator of the fruit and vegetable brand Leaf.
India's Pepperfry gets $31m Series E round
Indian online furniture marketplace Pepperfry has raised a $31 million Series E round from a group of investors including Norwest Venture Partners, Bertelsmann India Investments, Zodius Technology Fund and Goldman Sachs.
WestBridge leads $40m round for India's Aptus
WestBridge Capital Partners has led a INR2.7 billion ($40.4 million) funding round for Indian home lender Aptus Housing Finance India.
Private debt: Pulling uphill
Selling Asian LPs on private credit strategies remains difficult for the most part, but fund managers are generally confident that interest in the asset class is set to take off
Bessemer leads $15m round for India's Swiggy
Bessemer Venture Partners has led a $15 million Series D round for Indian online food delivery start-up Swiggy.
ChrysCapital leads $149m round for India's Hero FinCorp
Indian non-banking financial company (NBFC) Hero FinCorp has raised more than INR10 billion ($149 million) from investors including ChrysCapital, Credit Suisse and its parent, the Hero Group.
Singapore's ViSenze raises $10.5m Series B
ViSenze, an e-commerce-focused artificial intelligence (AI) company based in Singapore, India and the US, has completed a $10.5 million Series B funding round led by Rakuten Ventures, WI Harper and Enspire Capital.
Multiples raises $690m for second India fund
Multiples Alternative Asset Management has reached a final close of $690 million on its second India-focused fund, beating the target of $650 million.
India's VC-backed Citrus Pay sold to Netherlands strategic
Citrus Pay, an India-based online and mobile payment solutions developer backed by Sequoia Capital, Ascent Capital and Beenos, has been acquired by Netherlands-based rival PayU.
Deal focus: InnoVen targets India-Southeast Asia angle
Having gained traction with its venture debt proposition in India, Innoven Capital is now following those same portfolio companies as they expand into Southeast Asia