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Creadev Leads USD50m Series C for Kenya’s Twiga Foods
Creadev led a USD50m Series C for Twiga Foods, a Kenya-based B2B e-commerce food distribution platform, with participation from OP Finnfund Global and Endeavor Catalyst Fund, and follow-on from TLcom Capital, IFC Ventures, DOB Equity and Juven. Read More
B Capital, Falcon Edge, Others Invest USD50m Series B for India’s Fi
B Capital Group, Falcon Edge Capital and others invested a USD50m Series B for India-based neobank Fi at a reported USD315m valuation. Read More
H.I.G. Capital Acquires Majority Stake in Peru’s Grupo Ransa
H.I.G. Capital acquired a majority stake in Grupo Ransa, a third-party logistics company based in Peru, for an undisclosed amount. Read More
Affinity Equity Partners Invests USD150m in Indonesia’s Vidio
Affinity Equity Partners invested USD150m in Vidio, an Indonesia-based over-the-top (OTT) video platform, at a reported USD900m valuation. Read More
CITIC Investments Leads USD1.2b Series A for China’s T3
CITIC Investments led a USD1.2b Series A for China-based ride-hailing platform T3, with participation from Redview Capital and Virtue Capital. Read More
Kedaara Capital Leads USD75m Series E for India’s Purplle
Kedaara Capital led a USD75m Series E for Purplle, an India-based e-commerce platform for beauty products, with follow-on from Sequoia Capital and Blume Ventures. Read More
Primavera and SoftBank China Venture Capital Invest USD326m Round for Taiwan’s ProLogium Technology
Primavera Capital, SoftBank China Venture Capital and others invested a USD326m round for Taiwan-based battery maker ProLogium Technology. Read More
BPEA Reaches USD8.5b Second Close for Fund VIII
BPEA reached a USD8.5b second close for its eighth pan-regional fund focused primarily on mid- and large-cap buyouts across Asia as well as on backing global companies that can benefit from Asian exposure. Read More
General Atlantic Leads Series C for Philippines’ Kumu
General Atlantic led an undisclosed Series C for Kumu, a Philippines-based social entertainment platform, with follow-on from Openspace Ventures and SIG. Read More
NYSCRF Commits USD210m to Asia Alternatives Fund
New York State Common Retirement Fund committed USD210m to New York Balanced Pool Asia Investors IV, a fund managed by Asia Alternatives. Read More
Coatue and Altimeter Lead USD250m Round for Russia’s ClickHouse
Coatue and Altimeter Capital led a USD250m round for ClickHouse, an online analytics startup spun out of Russia-based internet company Yandex, at a reported USD2b valuation, with participation from Index Ventures, Benchmark, Lightspeed Venture Partners and Redpoint. Read More
General Atlantic and Multiples Lead USD255m Round for India’s Acko
General Atlantic and Multiples Alternate Asset Management led a USD255m round for India-based insurtech Acko at a USD1.1b reported valuation, with participation from CPP Investments and Lightspeed Growth, and follow-on from Intact Ventures and Munich Re Ventures. Read More