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DGF Investimentos Leads ~USD3m Round for Brazil’s Looqbox
DGF Investimentos led a ~USD3m round for Looqbox, a Brazil-based developer of corporate search engines, with participation from HiPartners and Locaweb. Read More
InnoVen and Trifecta Provide ~USD12 in Debt to India’s Rebel Foods
InnoVen and Trifecta invested INR1b (~USD12m) in a debt round for India-based dark kitchen operator Rebel Foods. In 2021, Rebel Foods raised USD175m led by QIA. Read More
India’s boAt Raises USD60m from Warburg Pincus and Malabar Investments
boAt, an India-based wearable electronics manufacturer, raised USD60m from Warburg Pincus and Malabar Investments. Read More
General Atlantic Leads USD110m Round for India’s Amagi
General Atlantic led a USD110m round for Amagi, an India-based media technology company providing cloud-based broadcast and advertising services, including INR2.2b (~USD27m) in secondary shares. General Atlantic will hold an 8% stake in the company following the transaction, which values Amagi at a reported ~USD1.45b. Read More
MEVP Leads USD10m Series A for UAE’s Invygo
Middle East Venture Partners led a USD10m Series A for Invygo, a UAE-based car subscription app, with participation from Al Rajhi Partners, Arab Bank, Amaana Capital and Palm Drive Capital, and follow-on from Signal Peak Ventures and Knollwood Investment Advisory. Read More
Egypt’s Money Fellows Raises USD31m Series B Led by CommerzVentures, MEVP and Arzan VC
Money Fellows, an Egypt-based fintech enabling community lending, raised a USD31m Series B led by CommerzVentures, Middle East Venture Partners and Arzan VC, with participation from Invenfin, National Investment Company, 4DX Ventures and P1Ventures, as well as follow-on from Partech and Sawari Ventures. Read More
L Catterton Reaches ~USD138m First Close for First Yuan-Denominated Fund in China
L Catterton reached a ~CNY1b (~USD138m) first close for its first yuan-denominated fund, which is focused on early-stage consumer companies in China. The fund is targeting CNY2b (~USD276m). Read More
BPEA Credit Spins Out of BPEA, Reaches USD475m Final Close for Third Fund
The credit unit of Baring Private Equity Asia (BPEA) spun out of BPEA and reached a USD475m final close for its third fund. BPEA was recently acquired by EQT for EUR6.8b (~USD6.8b). Investors in BPEA Credit Fund III include CPP Investments and IFC. Read More
BII Leads USD25m Equity Round for India’s Kinara Capital
British International Investment led a USD25m equity round for Kinara Capital, an India-based SME lender, with participation from Nuveen and Triple Jump’s AMP Fund. Read More
FinTech Collective Leads USD10m Seed Round for Mexico’s mattilda
FinTech Collective led a USD10m seed round for mattilda, a Mexico-based finance management and tuition collection platform for private schools, with participation from Wollef, DILA Capital, QED Investors, Picus Capital, Emerge Education, SMP and Xochi Ventures. Read More
Firstred Capital Leads ~USD27m Series C for China’s BIZSEER
Firstred Capital led a CNY200m (~USD27m) Series C for BIZSEER, a China-based enterprise IT systems maintenance platform, with participation from The Cathay Funds and Sanyi Capital, and follow-on from Shunwei Capital and Sequoia China. Read More
Hong Kong’s Reap Raises USD40m Series A Led by Acorn Pacific Ventures, Arcadia Funds and HashKey Capital
Reap, a Hong Kong-based payments platform for SMEs raised a USD40m Series A led by Acorn Pacific Ventures, Arcadia Funds and HashKey Capital, with participation from Hustle Fund, Fresco Capital, Abacus Ventures and Payment Asia. Read More