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LGT Lightstone Leads USD255m Series E for Brazilian Fintech Creditas
LGT Lightstone led a USD255m Series E for Brazil-based fintech Creditas, with participation from Tarsadia Capital, e.ventures, Wellington Management, and Advent International affiliate Sunley House Capital, and follow-on from SoftBank’s Vision Fund and Latin America Fund, KaszeK Ventures, Vostok Emerging Finance, and Amadeus Capital Partners. Read More
Warburg Pincus Exits Remaining Stake in India’s AU Small Finance Bank for USD173m
Warburg Pincus exited its remaining 4.47% stake in India’s AU Small Finance Bank via open market transactions. WestBridge Capital Partners bought 5.95 million shares for INR5.42b (approximately USD73.4m). Read More
CICC Leads Undisclosed Series C for Chinese AI Consulting Business AInnovation at USD1b Valuation
CICC Capital led an undisclosed Series C for AInnovation, the consulting unit of China-based Sinovation Ventures at a USD1b valuation, with participation from Shanghai Guohe Capital and Riverhead Capital, and follow-on from China Renaissance’s Huaxing New Economy Fund. Read More
Partners for Growth Provides USD10m in Venture Debt to UAE’s On-Demand Truck Aggregator TruKKer
Partners for Growth has provided USD10m in venture debt to UAE-based on-demand truck aggregator TruKKer. Read More
Learn Capital Leads USD80m Series D for Polish Edtech Brainly
Learn Capital led a USD80m Series D for Brainly, a Poland-based peer-to-peer learning platform, with follow-on from Prosus Ventures, Runa Capital, MantaRay, and General Catalyst Partners. Read More
Partners Group Invests USD250m in India’s Ecom Express and Facilitates a Partial Exit for Warburg
Partners Group invested USD250m in Indian logistics company Ecom Express, facilitating a partial exit for controlling shareholder Warburg Pincus. Partners Group and Warburg Pincus now both have 35% stakes in the business, with CDC Group and Ecom’s founders holding the remaining stake in the company. Read More
IMM Completes USD1.8b Final Close Targeting South Korea
IMM Private Equity completed a final close for its fourth South Korea-focused vehicle, RoseGold IV. Read More
Fubon Life Commits USD130m to Two Hillhouse Funds
Fubon Life Insurance, the insurance arm of Taiwan-based financial conglomerate Fubon Financial Holdings, has invested a combined USD130m in two Hillhouse Capital funds. Fubon has committed USD65m to Hillhouse Fund V and USD65m to Hillhouse Focused Growth Fund V. Read More
XP Private Equity Acquires Stake in Brazilian Insurance Company Pottencial Seguradora for USD54m
XP Private Equity has acquired a minority stake in Brazil-based insurance company Pottencial Seguradora for BRL275m (approximately USD54m). Read More
Flashpoint Venture Capital Reaches USD50m First Close for CEE & CIS VC Fund
Flashpoint Venture Capital has reached a USD50m first close for its third VC fund. The vehicle, which targets USD75-100m, will invest in international companies founded by management teams from CEE & CIS, Israel, the Baltics, and Finland. Read More
D1 Capital Partners Leads USD182m Round for Estonian Ridesharing and Food Delivery App Bolt
D1 Capital Partners led a EUR150m (approximately USD182m) equity round for Estonia-based ridesharing and food delivery app Bolt, with participation from Darsana Capital Partners. Read More
Gaja Capital Leads USD32m Series B for Indian SaaS Startup LeadSquared
Gaja Capital led a USD32m Series B for Indian marketing automation and customer-relationship platform LeadSquared with participation from existing investors GSK Velu-led Stakeboat Capital and AppDynamics founder Jyoti Bansal. Read More