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Tower Capital Reaches USD250m First Close for Debut Southeast Asia Fund
Tower Capital has reached a USD250m first close for Tower Capital PE Fund I. The vehicle, which has an initial target of USD300m, will invest in consumer, health care, manufacturing, and business services assets primarily in Singapore and opportunistically in the rest of Southeast Asia. Read More
Blackstone Acquires Majority Stake in Chinese Logistics Park for USD1.1b
Blackstone, through its Blackstone Real Estate’s opportunistic funds, has completed the acquisition of a 70% stake in China-based Guangzhou International Airport R&F Integrated Logistics Park, a logistics platform for industries, from R&F Properties for USD1.1b. Read More
Owl Ventures Leads USD7.5m Series A for Nigerian Edtech uLesson
Owl Ventures led a USD7.5m Series A for Nigeria-based edtech uLesson, with participation from LocalGlobe and follow-on from TLcom Capital and Founder Collective. Read More
Crankstart Investments and Base Partners Lead USD128m Series B in Turkish Delivery Logistics Platform Getir
Crankstart Investments and Base Partners led a USD128m Series B for Turkey-based delivery logistics platform Getir at a reported USD850m valuation, with participation from Tiger Global Management and Goodwater Capital. Crankstart Investments previously invested a USD38m Series A in the company. Read More
Fireside Ventures Reaches USD118m Final Close for India Fund
Fireside Ventures has reached a USD118m final close for its second fund, surpassing its initial target of USD100m. The vehicle will invest in early-stage, consumer-focused opportunities in India. Fireside Ventures recently achieved a partial exit from India-based consumer electronics startup BoAt in a transaction that saw Warburg Pincus invest USD100m in the company. Read More
BaltCap to Acquire Estonian Ticketing Company BTH
BaltCap, through its BaltCap Private Equity Fund III, has agreed to acquire Baltic Ticket Holdings (BTH), an Estonia-based ticketing company with operations in Estonia, Latvia, Lithuania, and Belarus. Co-investor Sven Nuutmann has acquired a minority stake in the company. Read More
Anarock Group Acquires Indian Proptech ApnaComplex; Chiratae, InnoVen, Goldman, Tiger Global, Others Exit
Anarock Group has acquired India-based proptech ApnaComplex from home rental network platform NestAway Technologies, facilitating an exit for Chiratae Ventures, Goldman Sachs, Tiger Global Management, InnoVen Capital, UC-RNT Fund, and IDG India. Details of the transaction were not disclosed. Read More
FMO Commits USD24m to Climate Investor Two
FMO has committed EUR19.7m (approximately USD24m) to Climate Investor Two, a fund managed by Climate Fund Managers targeting investments in sustainable infrastructure in climate change adaptation sectors across emerging markets. Read More
Prosus Ventures Leads USD30m Series C for Indian Agtech DeHaat
Prosus Ventures led a USD30m Series C for India-based agtech DeHaat, with participation from RTP Capital and follow-on from Omnivore, Sequoia Capital India, FMO, and AgFunder. Read More
Navis Capital Partners Invests in Singaporean Fintech Solutions Company Moneythor
Navis Capital Partners has completed an undisclosed investment in Moneythor, a Singapore-based technology company providing financial institutions and fintech firms with solutions to enhance their digital banking services. Read More
Tata Capital Reaches USD170m Final Close for Second India PE Fund
Tata Capital has reached a USD170m final close for Tata Capital Growth Fund II, a vehicle targeting investments across strategic services, urbanization, and discrete manufacturing in India. Read More
Alloy Merchant Finance Completes Debt Investment in Mexican Payments Solutions Software Specialist Moneta Technologies
Alloy Merchant Finance has completed an undisclosed structured debt investment in Moneta Technologies, a Mexico-based company providing technology solutions for digital payments in Latin America. Read More