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Goldman Sachs Invests USD150m in Indian Biopharma Biocon Biologics
Goldman Sachs has agreed to invest INR11.25b (approximately USD150m) in India-based biopharmaceuticals company Biocon Biologics. True North and Tata Capital Growth Fund invested in the company earlier this year. The transaction is subject to approvals. Read More
Nexus VP Leads USD2.15m Seed Round for Singaporean Sales Productivity Platform Nektar
Nexus Venture Partners led a USD2.15m seed round for Singapore-based sales productivity platform Nektar.ai, with participation from Insignia Venture Partners, Arka Venture Labs, Better Capital, and Vietnam Investments Group. Read More
Innova Capital Invests in Polish Cosmetics Company Bielenda Kosmetyki
Innova Capital has invested an undisclosed amount in Poland-based cosmetics company Bielenda Kosmetyki. Innova Capital will also support the company in the acquisition of the Dermika and Soraya brands from Orkla Group. The transaction is pending approval from the Polish Office of Competition and Consumer Protection. Read More
EXEO Capital and SGI Acquire South Africa’s Pearson Institute of Higher Education
EXEO Capital and Stellenbosch Graduate Institute (SGI) have jointly acquired South Africa-based Pearson Institute of Higher Education to expand access to higher education across South Africa and, selectively, in wider Africa. Read More
Armstrong Asset Management to Exit Vietnamese Wind Farm Dam Nai Wind Power to SN Power AS
SN Power AS has signed a binding agreement to acquire Vietnam-based wind farm Dam Nai Wind Power from Armstrong South East Asia Clean Energy Fund, a fund managed by Armstrong Asset Management. The transaction is expected to close in Q1 2021. Read More
Jada Commits to Saudi Alpha Capital Fund
Jada Investments, a fund-of-funds owned by Saudi Arabia’s Public Investment Fund (PIF), has signed an investment agreement with the Saudi Alpha Financial Fund for Private Equity to invest in Saudi SMEs in the food and beverage sector. Read More
SoftBank Vision Fund 2 Leads USD180m Series C for Chinese Edtech VIPThink
SoftBank Vision Fund 2 led a USD180m Series C for Chinese edtech VIPThink, with participation from Sinovation Ventures, Alpha Animation CEO Dongqing Cai’s family foundation, private educational services provider New Oriental, DCM, and Enlight Growth Partners. Read More
GIC Invests USD76m in Brazilian Management Systems Company Sankhya
GIC has invested BRL425m (approximately USD76m) in Sankhya, a Brazil-based supplier of business management systems, for a significant minority stake. Read More
EIT InnoEnergy, FirstFloor, MM Grupp, and Harju Elekter Invest USD48m Series D for Estonian Energy Storage Products Manufacturer Skeleton
Existing investors EIT InnoEnergy, FirstFloor Capital, MM Grupp, and Harju Elekter have invested a EUR41.3m (approximately USD48m) Series D for Skeleton Technologies, an Estonian manufacturer of ultracapacitor-based energy storage products. Read More
Mid Europa to Acquire Majority Stake in Polish Online Metal Prints Marketplace GWD
Mid Europa Partners has agreed to acquire a majority stake in Poland-based online metal prints marketplace GWD Concept from the company’s founders, Credo Ventures, and Miton Capital. The transaction is expected to close in Q4 2020. Read More
Nexxus Makes Undisclosed Mezzanine Investment in Mexican Leasing Company TIP de México
Nexxus Capital made an undisclosed mezzanine investment in TIP de México, a Mexico-based company specialized in leasing transportation equipment. Read More
Saudi Arabia’s PIF to Invest USD1.3b for 2.04% Stake in Reliance Industries’ Retail Unit
Saudi Arabia’s Public Investment Fund has agreed to invest INR95.55b (approximately USD1.3b) in Reliance Retail Ventures, the retail unit of Indian conglomerate Reliance Industries, for a 2.04% stake. Read More