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TIger Global and Insight Partners Lead USD220m Series B for India’s Slice
Tiger Global and Insight Partners led a USD220m Series B for Slice, an India-based credit card issuer, with participation from Advent International, Blume Ventures and others at a reported USD1b+ valuation. Read More
Adenia and Proparco Acquire Morocco’s Overseas Catering Services
Adenia and Proparco acquired Overseas Catering Services, a Morocco-based corporate catering services provider active in Africa and the Middle East, for an undisclosed amount. Read More
KKR Acquires Minority Stake in Malaysia’s Taylor’s Education Group
KKR acquired an undisclosed minority stake in Taylor’s Education Group, a Malaysia-based K-12 education service provider. Read More
Insight Partners Leads USD60m Series C for Hungary’s Bitrise
Insight Partners led a USD60m Series C for Hungary-based mobile DevOps platform Britrise, with follow-on from Partech, Open Ocean, Zobito, Fiedler Capital, Y Combinator and H14. Read More
Helios and Others to Exit Africa-Focused Vivo Energy via USD2.3b Sale to Vitol
Vitol Group agreed to acquire Vivo Energy, a UK-based retailer and distributor of fuels and lubricants in Africa, for USD2.3b, providing an exit for Helios Investment Partners and other shareholders. Read More
Boyu Capital, Hillhouse, Sequoia China and Tencent Invest USD2.5b Pre-IPO Round for Indonesia’s J&T Express
Boyu Capital, Hillhouse Capital, Sequoia Capital China and Tencent invested a USD2.5b pre-IPO round for Indonesia-based logistics and courier service J&T Express at a reported USD20b valuation. Read More
CX Partners and OP Finnfund Global Impact Fund I Lead USD47m Equity and Debt Round for India’s Indifi
CX Partners and OP Finnfund Global Impact Fund I led a USD47m equity and debt round for Indifi, an India-based online lending platform that offers third-party loans to MSMEs, with participation from CDC Group, Omidyar Network, Flourish Ventures, Elevar Equity and Accel Partners. Read More
Africa Capital Alliance Invests USD75m in USD200m Debt & Equity Round for Mauritius’ WIOCC
African Capital Alliance, through its CAPE IV fund, invested USD75m in equity in Mauritius-based infrastructure provider WIOCC as part of the company’s USD200m debt and equity round. Read More
Ethos-Led Consortium Acquires South Africa’s Crossfin Technology for ~USD95m
A consortium of investors led by Ethos Private Equity and including African Rainbow Capital acquired South Africa-based fintech Crossfin Technology for ZAR1.5b (~USD95m), providing an exit for Capital Eye Investments and the Multiply Group. Read More
Temasek and Vickers Ventures Lead USD95.1m Round for Singapore’s RWDC Industries
Temasek and Vickers Venture Partners led a USD95.1m round for RWDC Industries, a Singapore-based developer of biodegradable plastics. Read More
Tiger Global and Abu Dhabi Growth Fund Lead USD248m Series E for India’s Spinny
Tiger Global and Abu Dhabi Growth Fund led a USD248m Series E for India-based auto resale marketplace Spinny at a reported USD1.75b valuation. Read More
Falcon Edge, DST Global, Others Invest USD840m in India’s Dream Sports
Dream Sports, the India-based owner of online fantasy sports app Dream11, raised USD840m from Falcon Edge Capital, DST Global, D1 Capital, Redbird Capital and Tiger Global, with participation from TPG and Footpath Ventures, at a USD8b reported valuation. Read More