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Women’s World Banking and IDC Ventures Lead USD12m Series B for Peru’s and Mexico’s Tienda Pago
Women’s World Banking Asset Management and IDC Ventures led a USD12m Series B for Tienda Pago, a Peru- and Mexico-based provider of working capital to small retailers, withparticipation from Alumni Fund and follow-on from KASZEK, QED Investors, Agrega Partners, Accion Venture Lab and Oiko Credit. Read More
DILA Capital Leads USD20m Series B for Colombia’s Elenas
DILA Capital led a USD20m Series B for Elenas, a Colombia-based social commerce platform, with participation from FJ Labs, Endeavour Catalyst, IDB Lab, Broadhaven Ventures, Mercado Libre, Grupo Bolívar and Leo Capital. Read More
Inflexor Ventures Leads ~USD1m Pre-Series A for BioPrime
Inflexor Ventures led a INR90m (~USD1m) pre-Series A for India-based agricultural biologicals developer BioPrime AgriSolutions, with follow-on from Omnivore. Read More
BroadStream Capital Leads USD10m+ Series C1 for China’s PhotonIC
Broadstream Capital led a USD10m+ Series C1 for PhotonIC Technologies, a China-based designer of semiconductors for cloud, 5G and photonic-sensing interfaces, with participation from ICY Capital and Walden International. Read More
GL Ventures Leads USD1.4m+ Pre-Series A+ for China’s Huiye Technology
GL Ventures led a CNY10m+ (USD1.4m+)pre-Series A+ for Huiye Technology, a China-based AI virtual character developer and service provider, with participation from Shunwei Capital. Read More
Motilal Oswal Invests ~USD27m in India’s Asian Footwears
Motilal Oswal Alternate Investment Advisors acquired a minority stake in India-based shoe retailer Asian Footwears for INR2.25b (~USD27m). Read More
Broadstream Capital Leads USD10m Series C1 for China’s PhotonIC Technologies
Broadstream Capital led a ~USD10m Series C1 for PhotonIC Technologies, a China-based optoelectronic integrated circuit chips provider, with participation from ICY Capital and Walden International. Read More
Warburg Pincus To Acquire India’s Vistaar Finance for USD300m; WestBridge, Elevar, Omidyar and Saama Capital to Exit
Warburg Pincus agreed to acquire a majority stake in Vistaar Finance, an India-based non-banking financial company (NBFC) that lends to SMEs, for a reported USD300m. The deal will facilitate exits for WestBridge Capital, Elevar Equity, Omidyar Network and Saama Capital. Read more here and h Read More
Softbank Vision Fund II Leads USD100m+ Series D for China’s SprintRay
Softbank Vision Fund II led a USD100m+ Series D for SprintRay, a China-based 3D printer manufacturer focused on digital dentistry, with participation from Yiheng Capital and ZWC Partners, and follow-on from CDBI Partners and Marathon Venture Partners. Read More
DOMO Invest Invests ~USD1.3m in Brazil’s Nobli
DOMO Invest invested BRL7m (~USD1.3m) in Nobli, a Brazil-based securities-based lending fintech, with participation from Redpoint eventures. Read More
Insitor Partners Leads USD4m Series A for India’s HROne
Insitor Partners led a USD4m Series A for India-based HRtech HROne, with participation from Prudent Investment Managers. Read more here and h Read More
Kinea Invests ~USD77m in Brazil’s Alvorada
Kinea invested BRL400m (~USD77m) in Alvorada, a Brazil-based agricultural products retailer. Read More