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Tarsadia and QED Investors Lead USD110m Series E+ for Mexican Fintech Konfio
Tarsadia Capital and QED Investors led a USD110m Series E+ for Konfio, a Mexican lending platform for SMEs, with follow-on from SoftBank, KASZEK, VEF, IFC and Lightrock. Read More
01 Advisors and The Spruce House Partnership Lead USD20m Series A for UAE’s Nomad Homes
01 Advisors and The Spruce House Partnership led a USD20m Series A for UAE-based proptech Nomad Homes, with participation from investors including Goodwater Capital, HighSage Ventures, Abstract Ventures, Partech, Class 5 Global, Precursor Ventures, Alta Park Capital and angel investors. Read More
Sequoia Capital Leads USD90m Series A for India’s CredAvenue
Sequoia Capital led a USD90m Series A for India-based debt platform CredAvenue, with participation from Lightspeed,TVS Capital Funds, Lightrock and Stride Ventures, at a reported USD410m valuation. Read More
ABC World Asia Leads USD100m Series E for India’s Vedantu
ABC World Asia led a USD100m Series E for India-based edtech Vedantu, with participation from Coatue, Tiger Global, GGV Capital, Westbridge and others, at a reported USD1b valuation. Read More
SoftBank Leads USD200m Series E for HRtech Andela
SoftBank Vision Fund 2 led a USD200m Series E for Andela, a platform for building remote tech teams in Africa and other markets, at a reported USD1.5b valuation, with participation from Whale Rock and follow-on from Generation Investment Management, Chan Zuckerberg Initiative and Spark Capital. Read More
Westbridge Capital Leads USD30m Series B for India’s Bijnis
Westbridge Capital led a USD30m Series B for Bijnis, an India-based e-commerce software provider for the manufacturing industry, with follow-on from InfoEdge, Matrix Partners India, Sequoia Capital India and Waterbridge Ventures. Read More
Norwest Venture Partners Leads ~USD37m Series E for India’s Ummeed Housing Finance
Norwest Venture Partners led a INR2.7b (~USD37m) Series E for Ummeed Housing Finance, an India-based affordable housing finance company, with follow-on from Morgan Stanley Private Equity Asia. Read More
Lightrock India Leads USD50m Series D for India’s Capital Float
Lightrock India led a USD50m Series D for India-based lending company Capital Float, with participation from angel investors and follow-on from Sequoia Capital India, Ribbit Capital and Creation Investments. Read More
BluePeak Private Capital Reaches USD115m First Close for Africa Private Credit Fund
BluePeak Private Capital reached a USD115m first close for its BluePeak Private Capital Fund, a private credit and mezzanine vehicle with an initial target size of USD200m. The fund will provide financing solutions to SMEs and private equity sponsors operating in Africa. Read More
Advent and SoftBank Lead USD225m Series B for Merama
Advent International and SoftBank led a USD225m Series B for Merama, a Mexico- and Brazil-based e-commerce brand aggregator, with participation from Globo Ventures and follow-on from monashees, Valor Capital Group, Balderton Capital and MAYA Capital. Read More
Cloud Klair to Acquire UAE’s Sehteq
US-based cloud computing and SaaS startup Cloud Klair agreed to acquire Sehteq, a UAE-based insurtech backed by 971 Capital, for an undisclosed amount. Read More
Revo Capital Reaches ~USD105m Final Close for Turkey & Eastern Europe VC Fund
Revo Capital reached a EUR90m (~USD105m) final close for its second fund targeting investments in tech-driven and growth-stage startups in Turkey and Eastern Europe. IFC, EBRD and DEG are among the investors in the fund. Read More