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E-Vision and ADQ To Acquire Saudi Arabia’s Starzplay
E-Vision and ADQ agreed to acquire a 57% stake in Starzplay Arabia, a Saudi Arabia-based video streaming platform backed by Ruya Partners, for an undisclosed amount. Read More
B Capital Group and Insight Partners Lead USD100m Series A for India’s FanCraze
B Capital Group and Insight Partners led a USD100m Series A for FanCraze, an India-based cricket NFT marketplace, with participation from Mirae Asset and Cristiano Ronaldo. Read More
LeapFrog and Prudential Financial to Acquire Minority Stake in South Africa’s Alexander Forbes Group
LeapFrog Investments and Prudential Financial agreed to acquire a minority stake in Alexander Forbes Group Holdings, a South Africa-based provider of financial advice, retirement, investment and wealth management services. Read More
Spark+ Africa Fund Reaches USD40m First Close
The Spark+ Africa Fund, an impact investment vehicle launched by Spark+, a joint venture between Enabling Qapital and Stichting Modern Cooking, reached a USD40m first close. The vehicle will finance clean and modern cooking solutions in developing markets. Read More
VEF Leads ~USD38m Series B for Brazil’s Gringo
VEF led a ~USD38m Series B for Gringo, a Brazil-based car documentation management platform, with participation from Piton Capital and follow-on from KASZEK, ONEVC and GFC. Read More
Mubadala Investment Company Leads USD768m Series E for Turkey’s Getir
Mubadala Investment Company led a USD768m Series E for Turkey-based grocery delivery startup Getir at a reported USD11.8b valuation, with participation from Abu Dhabi Growth Fund, Alpha Wave Global, Sequoia Capital and Tiger Global. Read More
Lightrock Leads USD18.5m Series C for Kenya’s 4G Capital
Lightrock invested a USD18.5m Series C for Kenya-based digital lender 4G Capital. Read More
Accel Leads USD95m Round for India’s Amagi
Accel led a USD95m round for Amagi, a cloud-based SaaS technology company headquartered in India, with participation from Norwest Venture Partners and Avataar Ventures at a reported USD1b valuation. Read More
CITIC Securities, CMS Securities, Others Lead USD90m Series C for China’s DataGrand
CITIC Securities, CMS Securities, GF Securities and CSC Securities led a USD90m Series C for Data Grand, a China-based intelligent text processing startup, with participation from SCGC, Hundreds Capital, Xiang He Capital, Legend Star and Sunshine Insurance Group. Read More
Inovia Capital Leads USD120m Round for Talent.com
Inovia Capital led a USD120m round for Talent.com, a Canada-based recruiting platform with operations in Brazil and Colombia, with participation from Investissement Quebec, Climb Ventures, BDC Capital, Fondaction and HarbourVest Partners, and follow-on from CDPQ. Read More
Tiger Global and Avenir Lead USD125m Series B for Kenya’s Wasoko
Tiger Global and Avenir Growth Capital led a USD135m Series B for Wasoko (formerly Sokowatch), a Kenya-based B2B e-commerce logistics platform, with participation from Quona Capital, 4DX Ventures, VNV Global, Justin Mateen’s JAM Fund and others. Read More
EQT to Acquire BPEA for ~USD7.5b
EQT agreed to acquire Baring Private Equity Asia (BPEA) for EUR6.8b (~USD7.5b). The combined business will be rebranded as BPEA EQT Asia and will continue to be led by BPEA CEO Jean Eric Salata and BPEA’s senior management team. Read More