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SoftBank Vision Fund 2 Leads USD250m Series C for Indian Fintech Infrastructure Provider Zeta
SoftBank Vision Fund 2 led a USD250m Series C for Zeta, an India-based B2B provider of fintech infrastructure, with follow-on from Sodexo. Read More
Navis Acquires Majority Stake in Malaysian Healthcare Services Provider Aurelius
Navis Capital Partners has made a majority investment in Aurelius Healthcare, a healthcare services platform that will invest into brownfield and late-stage greenfield hospital opportunities primarily in Malaysia. Read More
Gulf Capital and NBK Capital Partners Exit Jordan’s Classic Fashion
Gulf Capital and NBK Capital Partners have fully exited their investment in Jordan-based apparel manufacturer Classic Fashion Apparel Industries. The exit was financed with support from a global bank, which provided new facilities to the company for debt refinancing. Gulf Capital and NBK Capital Partners originally invested in the company in 2018. Read More
ONEVC Reaches USD18m First Close for Latin America VC Fund
ONEVC has reached a USD18m first close for its second Latin America VC fund. The vehicle, which has an initial target of USD40m, will invest in Brazil and in Spanish-speaking Latin America. Read More
MDI Ventures, Openspace Ventures and Others Invest USD65.5m Series B for Indonesian Agtech Tanihub Group
TaniHub Group, an Indonesia-based agtech connecting farmers and buyers, has raised a USD65.5m Series B from MDI Ventures, Add Ventures, BRI Ventures, Flourish Ventures, Intudo Ventures, Openspace Ventures, Tenaya Capital, UOB Venture Management and Vertex Ventures. Read More
BaltCap to Exit Lithuania’s Ecoservice via Sale to Eco Baltia
BaltCap Private Equity Fund II has agreed to sell Lithuania-based waste management company Ecoservice to EBRD-backed Eco Baltia Group for an undisclosed amount. BaltCap acquired Ecoservice in 2014. Read More
H.I.G. Capital to Exit Brazil’s Bigsal Nutrição Animal via Sale to Nutreco
H.I.G. Capital has agreed to exit Brazil-based animal nutrition company Bigsal Nutrição Animal through a sale to Nutreco for an undisclosed amount. The transaction is subject to customary closing conditions. Read More
G2VP, IFC and IDB Invest Lead USD43m Series C for Latin America-Focused Agtech ProducePay
G2VP, IFC and IDB Invest led a USD43m Series C for ProducePay, a US-based agtech venture that offers financing solutions to growers in Latin America, with participation from Astanor Ventures, IGNIA and Finistere, and follow-on from Anterra Capital and Coventure. Read More
CPP Investments Commits USD250m to Baring PE Asia’s India Credit Fund
CPP Investments has committed up to USD250m to Baring Private Equity Asia’s third India credit fund, with USD125m going to the main fund and an additional USD125m to the fund’s co-investment vehicle. Read More
Amber Capital Acquires Armenian Solar Plant Operator Solis
Amber Capital, through its EBRD- and EU-backed EU-Armenia SME Fund, has acquired Armenia-based solar plant operator Solis for an undisclosed amount. Read More
DCL Reaches First Close for China Distressed Assets Fund
DLC Investments has reached an undisclosed first close for DLC Special Situation RMB Fund IV. The vehicle has an initial target of CNY3b (USD466m). Read More
Minerva and Quartz Lead ~USD23m Series B for Brazilian Subscription Delivery Platform Shopper
Minerva’s corporate venture capital fund and Quartz led a BRL120m (~USD23m) Series B for Shopper, a Brazil-based subscription delivery platform for consumer products, with participation from FJ Labs and Floating Point, and follow-on from FEGIK, Oikos, Ariel Lambrecht (99/Yellow) and Márcio Schettini (Itaú Unibanco). Read More