M Sriram

Private equity deal momentum in Indian infra, real estate to continue in 2019: EY report

Real estate and infra attracted $6.3 billion in 2018, led by KKR, Brookfield and CPPIB.

India: Eight Roads arm invests $4.5m in wealth management startup Kuvera

The deal marks the first India investment for the strategic fintech team of Eight Roads.

VCs see opportunity in India’s missing mid-stage funding

Unlike seed capital, growth stage also needs bigger fund sizes, generally difficult to raise if your limited partners, or investors, are not convinced of a deep market opportunity.

RentoMojo in talks to raise $40m from Japanese investor GMO, others

For RentoMojo, the latest fundraise comes almost two years after it raised $10 million in July 2017 from Bain Capital, Accel and Chiratae Ventures.

Series A startup funding deals in India fall for the first time in 5 quarters

Investments fell more than one-fifth from $360 million in the December quarter to $282 million in the March quarter, according to data tracker Tracxn.

India: M&A deal activity declines 17% to $25.8b in Jan-Mar

The financial sector contributed 43.6%, or $11.3 billion, to the M&A deals in the first quarter.

India: Digital lending startups eye fresh funding as liquidity situation improves

Digital lending startups, including Capital Float, Lendingkart and Rubique are looking to hit the road to raise fresh equity.

India: General Atlantic, Varde to buy 13% stake in PNB Housing for $268m

PNB will continue to hold a strategic stake of about 19.79% in PNB Housing Finance and will stay on as a promoter.

India: Student housing rental Stanza Living in talks to raise up to $50m

Existing investors Sequoia Capital, Accel Partners and Matrix Partners are said to participate in the round.

India: Sequoia, Accel lead $9m round in B2B tech startup Zetwerk

Zetwork raised a $1.2 million seed funding round from Kae Capital and Sequoia in August last year.