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Inflexor Ventures Reaches ~USD80m Final Close for Inflexor Technology Fund
India-based Inflexor Ventures reached a INR6b (~USD80m) final close for its Inflexor Technology Fund, surpassing its initial target of INR5b (~USD67m). The fund is sector agnostic with a primary focus on B2B enterprise startups leveraging deep technology. Read More
Carlyle, King Street Capital and Davidson Kempner to Take Majority Stake in Trans Maldivian Airways
The Carlyle Group, King Street Capital Management and Davidson Kempner agreed to take a majority stake in Maldives-based seaplane operator Trans Maldivian Airways (TMA). Carlyle, through its Global Credit platform, led the restructuring of TMA’s debt. Read More
Dasa Acquires H.I.G. Capital-Backed Clínica AMO for ~USD148.5m
Ímpar Serviços Hospitalares (DASA) acquired H.I.G. Capital-backed Clínica AMO, an independent cancer center oncology clinic in Brazil, for BRL750m (~USD148.5m). The transaction remains subject to customary closing conditions. H.I.G. Capital previously invested in AMO in 2018. Read more Read More
SoftBank Leads USD415m Series C for UAE Cloud Kitchen Kitopi
SoftBank Vision Fund 2 led a USD415m Series C for UAE-based cloud kitchen startup Kitopi, with participation from Chimera, DisruptAD, B. Riley, Dogus Group, Next Play Capital and Nordstar. Read More
Mouro Capital Leads USD16m Series A for Mexican Freight Platform Nowports
Mouro Capital led a USD16m Series A for Nowports, a Mexico-based automated freight platform, with participation from Foundation Capital, InvestoVC and angel investors Ricardo Weder (Jüsto), Carlos Salinas (Luuna) and Justin Mateen (Tinder), and follow-on from monashees, Base10 Partners, Broadhaven Ventures and Y Combinator. Read More
Trifecta Capital Invests ~USD13.5m Debt Round for Indian Auto Resale Marketplace Cars24
Trifecta Capital invested a INR1b (~USD13.5m) debt round for India-based auto resale marketplace Cars24. Read More
Movile Invests ~USD34m in Brazilian White Label Fintech Platform Zoop
Movile invested ~USD34m in Zoop, a Brazil-based white label fintech platform for startups and SMEs. Movile led a ~USD12m round in 2020 and a USD18.3m round in 2019. Read More
Index Ventures and Makers Fund Lead USD155m Series B for Turkish Mobile Gaming Startup Dream Games
Index Ventures and Makers Fund led a USD155m Series B for Turkey-based mobile gaming startup Dream Games, with participation from Balderton Capital, IVP and Kora. Dream Games raised a USD50m Series A in March 2021. Read More
China’s Didi Raises USD4.4b in US IPO
China-based ride-hailing company Didi Chuxing raised USD4.4b in its US IPO. SoftBank, Uber and Tencent are Didi’s primary shareholders. Read More
Tiger Global and Zomato to Invest USD120m in Indian E-Grocer Grofers
Tiger Global Management and Indian food delivery giant Zomato agreed to invest USD120m in India-based online grocery delivery platform Grofers at a reported valuation of USD1b+. Read More
I&P Leads USD7.9m Series A for Ghanaian Fintech Zeepay
Investisseurs & Partenaires (I&P) led a USD7.9m Series A for Ghana-based fintech Zeepay, with participation from ARK Holdings and follow-on from GOODsoil VC. Read More
Insitor Partners Leads Seed Round for Pakistani Fintech CreditFix
Insitor Partners led an undisclosed seed round for Pakistan-based fintech CreditFix. This is Insitor Partners’ first investment in Pakistan. Read More