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CDH Investments Exits Singaporean Equipment Leasing Company Aver Asia via Sale to Sumitomo
CDH Investments has fully exited its investment in Singapore-based equipment leasing company Aver Asia via a sale to Japan-based conglomerate Sumitomo Corporation. CDH originally invested in the company in 2015. Read More
Quona Capital and Kinea Ventures Lead USD6m Series A for Brazilian Financial Marketplace Monkey
Quona Capital and Kinea Ventures led a USD6m Series A for Monkey, a Brazil-based digital marketplace for supply chain finance. Read More
Carlyle and Brighton Park Capital to Invest USD200m in Indian Healthtech Indegene
The Carlyle Group and Brighton Park Capital have agreed to invest USD200m in Indegene, an India-based technology provider for the health care and life sciences industries. Both investors will acquire undisclosed minority stakes in the company. Read More
Phatisa Reaches USD143m Final Close for Africa Food Fund 2
Phatisa has reached a USD143m final close for Phatisa Food Fund 2 following a USD82m joint commitment from CDC Group, Norfund, Finnfund, FinDev Canada, and BIO. The vehicle will invest in the food value chain across Sub-Saharan Africa. Read More
Composite Capital and Moore Strategic Ventures Lead USD95m Series D for Indian Gaming Platform MPL
Composite Capital and Moore Strategic Ventures led a USD95m Series D for India-based gaming platform Mobile Premier League (MPL), with participation from Base Partners, TRP Global, SIG, Go-Ventures, Telstra Ventures, Founders Circle, and Play Ventures. The latest round brings the company’s valuation to USD945m. Read More
CDC and Alfa Platform Capital Invest USD100m in Egyptian Diagnostics and Medical Care Company Alfa Medical Group
CDC Group, alongside Africa Platform Capital and the family office of (Cinven co-founder) Simon Rowlands, has invested USD100m in Egypt-based diagnostics and medical care company Alfa Medical Group. Read More
Greenoaks Capital and Lightspeed VP Invest USD120m Series D in Indian B2B Manufacturing Services Marketplace Zetwerk
Greenoaks Capital and Lightspeed Venture Partners led a USD120m Series D for India-based B2B manufacturing services marketplace Zetwerk, with participation from Sequoia Capital India and Kae Capital. Read More
Valor Capital Leads USD19m Series A for Brazilian Enterprise Communication and Collaboration Platform Rocket.Chat
Valor Capital Group led a USD19m Series A for Rocket.Chat, a Brazil-based enterprise communication and collaboration platform, with participation from e.ventures, Greycroft, Graphene Ventures, monashees, NEA, ONEVC, and DFG. Read More
Monk’s Hill Leads USD5m Series A for Singaporean Healthtech Bot MD
Monk’s Hill Ventures led a USD5m Series A for Bot MD, a Singapore-based AI clinical assistant for doctors, with participation from SeaX, XA Network, and SGInnovate. Read More
Stillfront to Acquire 100% of Moonfrog Labs, Tiger Global and Sequoia India to Exit
Sweden-based gaming studio Stillfront has agreed to acquire India-based mobile games developer Moonfrog Labs, facilitating an exit for Tiger Global Management and Sequoia Capital India. The acquisition will be a staged process, with the first tranche seeing Stillfront acquire 91% of the company for USD90m. Read More
Ruya Partners Provides USD25m in Debt Financing to UAE’s Streaming Service Company Starzplay
Ruya Partners has agreed to provide USD25m in debt financing to Starzplay, a UAE-based, on-demand video streaming service platform. Read More
Brown Advisory Invests in CrossBoundary Group
Brown Advisory has made a minority investment in CrossBoundary Group as part of a newly announced strategic partnership between the two firms. Read More