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Jaguar Growth Partners Acquires Brazilian Real Estate Securitization Platform RB SEC
Jaguar Growth Partners has acquired Brazil-based real estate securitization platform RB SEC from RB Capital for an undisclosed amount. Read More
Legend, Lightspeed China and Greater Bay Area Homeland Investments Lead USD100m Series B & B+ for Chinese Pharma StoneWise
StoneWise, a China-based pharmaceutical company that uses AI to accelerate drug discovery, has raised an aggregate USD100m in funding through its Series B and B+ rounds. Legend Capital led the Series B, while Lightspeed China and Greater Bay Area Homeland Investments led the Series B+. New investors CDH VGC and Eastern Bell Capital participated in the rounds and existing investors… Read More
Tiger Global Leads USD100m Series D for Indian Social Commerce Platform DealShare
Tiger Global Management led a USD100m Series D for DealShare, an India-based e-commerce platform for middle- and lower-income consumers. Read More
IVP and Accel Lead USD69m Series B for Estonian Identity Verification Platform Veriff
IVP and Accel led a USD69m Series B for Veriff, an Estonia-based identity verification platform. Read More
BPEA to Invest USD100m in Chinese Drug Developer HutchMed
Baring Private Equity Asia has agreed to invest USD100m in US- and London-listed Hutchison China MediTech (HutchMed), a China-based cancer drug developer. Read More
Alteria Capital Reaches ~USD179m First Close for Second Venture Debt Fund
Alteria Capital has reached a INR13.75b (~USD178.7m) first close for its second venture debt fund. The vehicle will make early- and growth-stage investments in startups operating in the consumer, technology and healthcare sectors in India. The fund will also allocate capital for structured debt products aimed at later stage companies with a differentiated risk profile. Read More
EIG-Led Consortium to Acquire 49% Stake in Saudi Aramco’s Oil Pipeline Business for USD12.4b
A consortium of investors led by EIG Global Energy Partners and including Mubadala Investment Co. has agreed to acquire a 49% stake in the newly formed oil pipeline business of Saudi Aramco for USD12.4b. Read More
Tiger Global Leads USD502m Series E for Indian Social Media Startup ShareChat
Tiger Global Management led a USD502m Series E for India-based social media startup ShareChat, with participation from Snap and follow-on from Twitter and Lightspeed Venture Partners, at a reported USD2.1b valuation. Read More
Tiger Global Invests USD100m in Indian Enterprise Messaging Solutions Provider Gupshup
Tiger Global Management has invested USD100m in India-based enterprise messaging solutions provider Gupshup at a reported USD1.4b valuation. Read More
Falcon Edge Leads USD110m Round for Indian SME Lender OfBusiness
Falcon Edge Capital led a USD110m round for India-based SME financing platform OfBusiness, with follow-on from Matrix Partners India, Creation Investments and Norwest Venture Partners. Read More
Global Ventures Leads USD18.5m Series A for Egyptian Fintech Paymob
Global Ventures led a USD18.5m Series A for Egypt-based digital payments platform Paymob, with participation from FMO and A15. The round includes USD15m in fresh capital and USD3.5m from the first tranche of the Series A in July 2020. Read More
DST Global and Coatue Lead USD700m Series D for Chinese Grocery E-Commerce Platform Dingdong Maicai
DST Global and Coatue Management led a USD700m Series D for China-based grocery e-commerce platform Dingdong Maicai, with follow-on from Tiger Global Management, General Atlantic, CMC Capital, Capital Today, Sequoia Capital, Ocean Link and Hony Capital. Read More