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Carlyle Partially Exits Liderman Via Secondary Offering on Peruvian Stock Exchange
The Carlyle Group partially exited Peru-based security company Liderman via a secondary offering on the Peruvian stock exchange, picked up by Liderman management. Read More
GEF Capital Acquires 60% Stake in Brazilian Fertilizer Manufacturer Café Brasil for USD11m
GEF Capital Partners has acquired a 60% stake in Brazil-based specialty fertilizer manufacturer and distributor Café Brasil for BRL90m (approximately USD11m). Read More
Actis to Acquire 75% Stake in JV with GS E&C to Build USD315m Data Center in South Korea
Actis has agreed to acquire a 75% stake in a new joint venture with GS E&C, the construction arm of South Korean conglomerate GS Group. The JV will be focused on developing and operating a USD315m internet data center in Seoul, South Korea. Read More
Iron Pillar Leads USD23m Series C for Indian Device Management Platform Servify
Iron Pillar led a USD23m Series C for India-based device lifecycle management platform Servify, with participation from new investors Sparkle Fund, 57 Stars, SF Roofdesk Capital, Go Ventures, and MadhuKela Family Office, and follow-on from existing investors Tetrao SPF, Trifecta Capital, Blume Ventures, and Beenext. Read More
Valor Capital Leads USD4.6m Series A for Brazilian Fintech Quasar Flash
Valor Capital Group led a BRL25m (approximately USD4.6m) Series A for Brazilian SME-focused fintech Quasar Flash. Read More
KKR to Invest USD755m for 1.28% Stake in Reliance Industries’ Retail Unit
KKR has agreed to invest INR55.5b (approximately USD755m) in Reliance Retail Ventures, the retail unit of Indian conglomerate Reliance Industries, for a 1.28% stake. The investment reportedly brings Reliance Retail Ventures’ pre-money valuation to INR4.21t (approximately USD57b). In May 2020, KKR also invested USD1.5b in Reliance Industries’ Jio Platforms for a 2.3% stake. Read More
CDC, ARCH EM, ResponsAbility, FMO, Others Invest USD90m in Solar-Powered Home Energy Products Provider Greenlight Planet
A consortium of investors including ARCH Emerging Markets Partners, CDC Group, FMO, Norfund, ResponsAbility, SIMA Funds, Symbiotics, and Global Partnerships have invested USD90m debt and equity in Greenlight Planet, a solar-powered home energy products provider active in sub-Saharan Africa and South Asia. Read More
Valar Ventures Leads USD18.6m Series A for Singaporean Wealth Management Startup Syfe
Valar Ventures led a USD18.6m Series A for Singapore-based wealth management startup Syfe, with participation from Presight Capital and existing investor Unbound. Read More
Movile Leads ~USD11m Investment in Brazilian Fintech Zoop
Movile led a BRL60m (approximately USD11m) investment for Brazil-based B2B fintech Zoop. This is Movile’s third investment in the company since 2018. Read More
Wamda, Class 5 Global, and Others Make USD1.35m Seed Investment for Saudi SaaS Startup Penny Software
Wamda, Class 5 Global, Outliers VC, Plug and Play, and angel investors have made a USD1.35m seed investment in Penny Software, a Saudi Arabia-based software company for procurement management and B2B marketplace. Read More
Quona Capital, Elevator Ventures, Syngenta, and the Collective Spark Fund Lead USD5m Series A for Turkish Fintech Tarfin
Quona Capital, Elevator Ventures, Syngenta Ventures, and the Collective Spark Fund led a USD5m Series A for Turkey-based fintech Tarfin, with participation from Wamda. Read More
GSV Ventures Invests USD7m in South African Edtech Valenture Institute
GSV Ventures has invested USD7m in South Africa-based edtech Valenture Institute. Read More