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TPG Capital Leads USD220m Round for Chinese Pharma Platform Dingdang Health
TPG Capital Asia led a USD220m round for China-based offline-to-online pharmaceutical platform Dingdang Health, with participation from OrbiMed, Redview Capital, Summer Capital, Valliance Asset Management, Yingke PE and Orchid Asia. Read More
Oasis Capital Ghana Invests USD1m in Ghanaian Fintech appsNmobile
Oasis Capital, through its Oasis Africa VC Fund, has invested USD1m in Ghana-based fintech appsNmobile Solutions. Read More
Olive Rock Partners and Cerberus Invest in UAE’s UEMedical
Olive Rock Partners and Cerberus Capital Management have made an undisclosed investment in UAE-based healthcare company UEMedical. Read More
Pelham Capital Leads USD10m Round for Argentine Car Marketplace Karvi
Pelham Capital led a USD10m round for Argentina-based car marketplace Karvi, with participation from Launchpad, Inti Ventures and Luxor Capital. Read More
CMC and Softbank Invest USD400m Series C for Chinese Home Furnishing Platform Chubby Bear
Chubby Bear, a China-based B2B trading platform for home furnishing materials has raised USD400m from CMC Capital Group and SoftBank. CMC Capital Group led the company’s Series C while SoftBank Vision Fund 2 led the Series C+. Other investors include Matrix Partners China, Genesis Capital, Tencent Holdings, Hundreds Capital, Immensus Capital, Yunqi Partners, Ab Initio Capital and Cygnus Equity. Read… Read More
Berkshire Hathaway Leads USD750m Series G+ for Brazilian Neobank Nubank
Brazilian neobank giant Nubank raised a USD750m Series G+, including USD500m from Berkshire Hathaway and USD250m led by Sands Capital, with participation from Verde Asset, Absoluto Partners and others. Read More
Crescera Exits Brazil’s Afya via Sale to Bertelsmann
Crescera Capital has sold its remaining 25% stake in Brazil-based medical education group Afya to German-based media conglomerate Bertelsmann, achieving a full exit. Read More
Kinea Exits Brazil’s Centro Clínico Gaúcho via ~USD210m Sale to Notre Dame Intermédica
Kinea Investimentos has exited Brazil-based health services provider Centro Clínico Gaúcho via a BRL1.06b (~USD210m) sale to Notre Dame Intermédica. Read More
Wa’ed, Global Ventures, Others Invest USD10m in Saudi Agtech Red Sea Farms
Wa’ed, Global Ventures, KAUST and Future Investment Initiative Institute have invested USD10m in Saudi Arabia-based agtech Red Sea Farms. Read More
Naspers Foundry, Cathay AfricInvest and SBI Investment Lead USD14.5m Series A+ for WhereIsMyTransport
Naspers Foundry, Cathay AfricInvest Innovation Fund and SBI Investment led a USD14.5m Series A extension for South Africa-based mobility startup WhereIsMyTransport, with participation from Wuri Ventures and Capria Ventures. Read More
RCIF and Sberinvest Invest ~USD22m Russian Professional Services Marketplace Eruditor
The Russian-Chinese Investment Fund (RCIF) and Sberinvest have invested RUB1.6b (~USD22m) in Russia-based professional services marketplace Eruditor via a syndicated venture loan. Read More
Tiger Global Leads USD35m Round for Indian Car Services Platform GoMechanic
Tiger Global led a USD35m round for GoMechanic, an India-based platform for car services and car parts, with follow-on from Sequoia Capital, Orios Venture Partners and Chiratae Ventures. Read More