Correspondent & Content Specialist, India
L&T Infotech said it is buying German IT consulting and software services company Nielsen+Partner for $31.5 million.
This is the second Asia realty fund floated by Actis after it raised a $750-million fund to acquire realty portfolio of SCPE in August last year.
Nanoclean, which was incubated at IIT-Delhi, will use the funding proceeds to expand its B2C offline business.
Japan is the second largest luxury market in the world, behind the United States and ahead of mainland China.
Didi spent a total of $1.67 billion on incentives to attract qualified drivers with at least three years’ of driving experience and no criminal record.
Existing investors including Blume Ventures, Straddle Capital, Beenext Pte Ltd, WEH Ventures and DSP Adiko also participated in the round.
Tiger Global has led a $4.2-million funding round in Bengaluru-based expense management startup Fyle Technologies.
KKR’s NBFC arm, KIAFL, has been active in India since 2015 and has invested more than $1.5 billion in the country’s realty sector.
SBI Capital Markets and Stock Holding Corporation of India were reportedly also in the fray to acquire the stockbroking arm of IDFC.
Mirae Asset-Naver Asia Growth’s investment will be part of Bengaluru-based Ola’s Series J funding round, pegged at $1 billion.