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Oria Capital Reaches First Close for Fund III
Brazilian private equity manager Oria Capital has reached a first close for Fund III, targeting USD100m. Investors include international institutional investor programs and Brazilian institutional investors. Read More
Wamda, Phoenician Funds, and B&Y Invest in USD6m Series A for Dubai’s Seez
Middle East- and North Africa-focused venture capital fund manager Wamda Capital, Lebanon-focused venture capital firms Phoenician Funds and B&Y have participated in a USD6m Series A funding round for Dubai-based car shopping startup Seez. Read More
TPG’s The Rise Fund Acquires Bangladesh-based Apollo Hospital Dhaka for USD118m
South Asia- and Africa-focused healthcare delivery platform Evercare, a portfolio company of TPG’s The Rise Fund, has acquired Bangladesh-based Apollo Hospitals Dhaka for BDT10b (approximately USD118m). The investment was made by The Evercare Health Fund, a vehicle acquired by TPG from The Abraaj Group. Read More
IFC Leads USD125m Financing Package for UAE Healthcare Company Humania
The International Finance Corporation is the lead arranger for a USD125m Islamic financing package to UAE-based private healthcare company Humania. IFC will provide Humania with a USD35m Islamic facility. The remainder of the financing is from the Finnish Fund for Industrial Cooperation Ltd (Finnfund), OPEC Fund for International Development, European Bank for Reconstruction and Development, and the IFC Managed Co-Lending… Read More
Wamda Leads USD3.5m Series A Follow-on for Jordan’s Tamatem
Middle East and North Africa-focused venture capital fund manager Wamda Capital led a USD3.5m Series A follow-on round for Jordan-based mobile games publisher Tamatem, with participation from Saudi Arabia’s Modern Electronics and the UK’s North Base Media. Read More
Steadview Capital and Tiger Global Lead USD70m Series C for Healthtech Innovaccer
India-focused alternative asset manager Steadview Capital Management and Tiger Global Management led a USD70m Series C in healthcare data analytics startup Innovaccer. Dragoneer, Westbridge Capital, Mubadala, and Microsoft’s venture fund M12 also participated in the round. Based out of San Francisco, Innovaccer has significant operations in India. Read More
GGV Leads USD24m Series C Extension for Edtech Vedantu
Asia- and North America-focused venture capital firm GGV led a USD24m Series C extension round for interactive online tutoring platform Vedantu, with participation from existing investors. The USD24m extension brings the Series C round to a total of USD66m. Read More
FMO Leads USD6m Investment in Jordanian Fintech Liwwa
Dutch development finance institution FMO led a USD6m investment in Jordan-based fintech Liwwa, with participation from Wamda Capital, 500 Startups, Edgo VC, and EFG-EV. Read More
Phatisa Acquires South African Agriculture Company Rolfes Group in Public-to-Private Transaction
Africa-focused private equity fund manager Phatisa has acquired Rolfes Group in a public-to-private transaction via its Food Fund 2, along with Sabvest, Masimong Chemicals, and Rolfes management. Rolfes Group is a supplier of agricultural, food, industrial, and water chemical management solutions and services. Read More
500 Startups, Derayah Venture Fund, and MEVP Lead USD5m Series B for Bahrain’s Eat
500 Startups, Derayah Venture Fund, and MEVP led a USD5m Series B for Bahrain-based restaurant booking application Eat. Read More
Kedaara Leads USD40m Investment in India’s Ami Lifesciences
India-focused private equity fund manager Kedaara Capital led a USD40m investment in India-based pharmaceutical company Ami Lifesciences. Intensive Softshare also participated in the round. Read More
KKR Global Impact Fund Reaches USD1.3b Final Close
KKR has reached a USD1.3b final close for its KKR Global Impact Fund. The vehicle will focus on investment opportunities in companies whose core business models provide commercial solutions to an environmental or social challenge across the Americas, Europe, and Asia. Read More