India
India-based Kotak Private Equity to purchase 19pct stake in Samson Maritime- sources
Kotak Private Equity is purchasing a 19% stake in offshore logistics support services firm Samson Maritime from IFC and JM Financial for Rs 150 crore, sources told The Economic Times.
Emerging market private equity investors still drawn to China- FT
China will continue to attract private equity investors of emerging markets, according to Paul Fletcher of Actis and Sev Vettivetpillai of Abraaj in their talk with Peter Vanham of Financial Times blog beyondbrics.
Founders of Indian SMS-based offline search engine seek $500K in seed funding for Jelly rival
The co-founders of Bangalore, India-based offline search engine Innoz are seeking $500,000 in seed funding to build a rival app for Jelly which will target the US market.
Indian e-learning firm iProf secures $9M in Series B funding
Noida, India-based e-learning company secured $9 million (INR55 crore) in a Series B funding round led by global education research firm Hobsons for future acquisitions and network expansion.