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Tiger Global, Steadview Capital and Dragoneer Lead USD75m Series D for India’s INDmoney
Tiger Global, Steadview Capital and Dragoneer Investment Group led a USD75m Series D for India-based wealth management platform INDmoney at a reported USD640m valuation. Read More
Paradigm and Kleiner Perkins Lead USD110m Series B for Bahrain’s Rain Financial
Kleiner Perkins and Paradigm led a USD110m Series B for Bahrain-based crypto exchange Rain Financial at a reported USD500m valuation, with participation from Coinbase Ventures, Global Founders Capital, MEVP, Cadenza Ventures, JIMCO and CMT Digital. Read More
Index Ventures Leads USD255m Series C for Turkey’s Dream Games
Index Ventures led a USD255m Series C for Turkey-based game studio Dream Games, with participation from Black Rock, Makers Fund, IVP, Kora and Balderton Capital. Read More
Liberty City Ventures Leads USD358.8m Round for Hong Kong’s Animoca Brands
Liberty City Ventures led a USD358.8m round for Hong Kong-based metaverse gaming company Animoca Brands at a reported USD5b premoney valuation, with participation from 10T Holdings, C Ventures, Delta Fund, Gemini Frontier Fund, Gobi Partners Greater Bay Area, Kingsway, L2 Capital, Mirae Asset, Pacific Century Group, ParaFi Capital, Provident and Sequoia China, among others. Read More
EverSource Reaches USD741m Final Close for India Climate Impact Fund
EverSource Capital reached a USD741m final close for Green Growth Equity Fund, a climate impact vehicle focused on climate change, mitigation and adaptation in India. Read More
Africa50 Leads USD28m Series C for Kenya’s Poa Internet
Africa50 led a USD28m Series C for Kenya-based ISP Poa Internet, with follow-on from Novastar Ventures. Read More
Lightrock India, Quona Capital and Asia Impact Lead USD46m Series C for India’s Arya
Lightrock India, Quona Capital and Asia Impact led a USD46m Series C for India-based agtech Arya. DFC and others provided an additional USD14m as debt. Read More
Jungle Ventures Leads USD8m Series A for Vietnam’s Mio
Jungle Ventures led a USD8m Series A for Vietnam-based social commerce startup Mio, with participation from Patamar Capital and Oliver Jung (LAO Holdings), and follow-on from GGV Capital, Venturra, Hustle Fund, iSEED SEA and Gokul Rajaram (DoorDash). Read More
ILX Reaches USD750m First Close for EM Private Credit Fund
ILX Management reached a USD750m first close for ILX Fund I, its emerging markets SDG-focused private credit fund. Dutch pension provider APG committed the capital. Read More
Phatisa Acquires South Africa’s Deltamune
Phatisa, through its Phatisa Food Fund 2, acquired 100% of South Africa-based biotech Deltamune, together with the company’s management, from HL Hall & Sons Investments for an undisclosed amount. Read More
Verdant Capital Reaches USD36m First Close for Hybrid Fund
Verdant Capital reached a USD36m first close for its Verdant Capital Hybrid Fund. The vehicle, which has an initial target size of USD100m, will invest hybrid capital and subordinated debt instruments into inclusive financial institutions across Africa. Read More
FinDev Commits up to USD13m to Triple Jump’s Energy Entrepreneurs Growth Fund
FinDev Canada committed up to USD13m to Energy Entrepreneurs Growth Fund. The vehicle is managed by Triple Jump and aims to offer financing and technical assistance to early- and growth-stage companies that increase access to clean and affordable energy for off-grid households and businesses in sub-Saharan Africa. Read More