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India Quotient, Omnivore and Accion Venture Lab Invest USD2m+ in Indian Agricultural Inputs Marketplace AGRIM
India Quotient, Omnivore, Accion Venture Lab, BlackBuck co-founder Rajesh Yabaji and Swiggy co-founder Rahul Jaimini have invested over USD2m in India-based BRB agricultural inputs marketplace AGRIM. Read More
Indus Valley Reaches USD17.5m Final Close for Debut Pakistan VC Fund
Indus Valley Capital has reached a USD17.5m final close for its debut fund targeting early-stage tech opportunities in Pakistan. Read More
Index Ventures Leads USD50m Series A for Turkish Mobile Gaming Startup Dream Games
Index Ventures led a USD50m Series A for Turkey-based mobile gaming startup Dream Games, with follow-on from Balderton Capital and Makers Fund. Read More
TVM Capital Healthcare Exits UAE’s CMRC via Sale to Amanat Holdings for USD232m
TVM Capital Healthcare has exited its investment in Cambridge Medical and Rehabilitation Center (CMRC), a post-acute care and rehabilitation services provider in the MENA region, via a sale to Amanat Holdings PJSC for USD232m. Read More
Gulf Capital Exits Egyptian Oil and Gas Company ECDC
Gulf Capital has exited its investment in ECDC Holding Corp (ECDC), an oil and gas drilling and production services provider in the Middle East and Africa. Read More
Tata Capital Acquires Minority Stake in Indian Pharmaceutical Company Linux Laboratories
Tata Capital Healthcare Fund has acquired a minority stake in Linux Laboratories, an India-based pharmaceutical company that manufactures medicines and products for segments such as central nervous system (CNS), dermatology and nutraceutical, for INR800m-INR1b (approximately USD10.8-13.5m). Read More
True North Acquires Minority Stake in Indian Pharmaceutical Company Anthem Biosciences
True North has acquired a minority stake in Anthem Biosciences, an integrated drug discovery, development and manufacturing services provider based in India. Read More
ARX Equity Partners Acquires Slovenia’s Instrumentation Technologies
ARX Equity Partners has acquired Instrumentation Technologies, a Slovenia-based developer of instrumentation for the particle accelerator and proton therapy markets, from the company’s founders. Read More
CapSur Capital Leads USD205m Investment in Brazilian Delivery Logistics Startup Loggi
CapSur Capital led a BRL1.15b (approximately USD205m) funding round for Brazil-based delivery logistics startup Loggi, with participation from Verde Asset Management, at a reported ~USD2b valuation. According to Bloomberg, about 75% of current investors in the company participated in the round. Read More
Old Mutual Acquires Solar PV Plant in Namibia
Old Mutual Investment Group has acquired a majority stake in a 5MW solar photovoltaic plant at Rosh Pinah in Namibia from AEE Power Ventures for an undisclosed amount. Read More
PS Alliance Leads USD276m Round for South Korean E-Commerce Platform Tmon
PS Alliance, an investment unit of South Korean automotive and electronic components manufacturer Poongsung Group, led a KRW305b (approximately USD276m) investment in South Korea-based e-commerce platform Tmon. As part of the round, existing shareholders KKR and Anchor Equity Partners have invested an additional KRW50b (approximately USD45m). Read More
Lightspeed VP Leads USD32.5m Series B for Mexican Fintech Stori
Lightspeed Venture Partners led a USD32.5m Series B for Stori, a Mexico-based credit card startup, with follow-on from Vision Plus Capital, BAI Capital and Source Code Capital. Read More