Several Global hedge fund companies and asset management companies including many from Hong Kong are making a careful return to India after 18 months, as they earlier pulled back due to shaking in the domestic market.

Janchor Partners in Talks with Droom Technology

Several Hong Kong-based funds including Janchor Partners are in talks with Droom Technology, an online marketplace for used automobiles, for its next fundraising which is estimated at about $50 million.

Treebo Hotels Raises 226 crore from Ward Ferry Management

Treebo Hotels in August raised Rs 226 crore in funding from Ward Ferry Management and Karst Peak Capital. In a similar manner ETechAces Marketing and Consulting which owns PolicyBazaar and PaisaBazaar secured funding from Wellington Management and Karst Peak Capital.

“We have taken money from Steadview Capital and Tiger Global. They are non-interfering capital, with their own pros and cons. But they are mostly pros,” said Yashish Dahiya, chief executive of PolicyBazaar.



Funds Going into Consumer Technology Ventures

As indicated by an industry report by iSpirt and Signal Hill, the funds invested about $3.9 billion in innovation item organizations from 2015 to the second from last quarter of 2016, with 96% of those going into consumer-technology ventures.

Having invested in domestic giants such as Flipkart and Ola, Steadview Capital and Hillhouse Capital were those companies that quickly racked up their portfolio count in India.

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