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Actis Acquires Indian Highway Toll Road Projects From Welspun Enterprises for USD775m
Actis acquired six India-based operating highway toll road projects from Welspun Enterprises Limited for USD775m. Read More
IndInfravit To Acquire Indian Road Projects From Brookfield Asset Management for USD1.2b
IndInfravit Trust, whose unit holders include CPP Investments, Allianz Capital Partners and OMERS Infrastructure, agreed to acquire five India-based operational road projects from Brookfield Asset Management in a deal valued at USD1.2b. Read More
AfricInvest and Proparco Lead USD8m Series A for Tunisia’s GoMyCode
AfricInvest, through its Cathay AfricInvest Innovation Fund, and Proparco led a USD8m Series A for Tunisia-based edtech GoMyCode, with participation from Wamda Capital. Read More
GIC Leads USD140m Series F for India’s CRED
GIC led a USD140m Series F for India-based fintech CRED at a reported USD6.4b valuation, with follow-on from Tiger Global, Sofina Ventures, Alpha Wave Ventures and Dragoneer. Read More
Paramark Ventures Leads USD33m Round for India’s Purplle
Paramark Ventures led a USD33m round for Purplle, an India-based e-commerce platform for beauty products, at a reported USD1.1b valuation, with follow-on from Premji Invest, Blume Ventures and Kedaara Capital. Read More
General Atlantic Leads USD70m Round for Mexico’s Klar
General Atlantic led a USD70m round for Klar, a Mexico-based personal finance management and lending platform, with participation from Endeavor Catalyst and Acrew Capital, and follow-on from Quona Capital Mouro Capital, Prosus Ventures and IFC. Read More
Polaris Partners Leads USD126m Series A for Singapore’s Tessa Therapeutics
Polaris Partners led a USD126m Series A for Tessa Therapeutics, a Singapore-based biotech developer for cancer treatments, with follow-on from Temasek, EDBI, Heliconia Capital and Heritas Capital. Read More
Sequoia Capital China Leads USD210m Series A for Singapore’s Envision Digital
Sequoia Capital China led a USD210m Series A for Envision Digital, a Singapore-based provider of AI and IoT software that helps drive the transition to net-zero, with participation from GIC. Read More
AIIM, Royal Bafokeng and SUEZ To Acquire South Africa’s EnviroServ From Rockwood
A consortium of investors comprising African Infrastructure Investment Managers, Royal Bafokeng Holdings and SUEZ agreed to acquire South Africa-based waste management company EnviroServ from Rockwood Private Equity for an undisclosed amount. Read more here, here and h Read More
Proparco Commits USD12m to Africa-focused Maris
Proparco, through AFD Group’s FISEA+ initiative, committed USD12m to Maris Limited, an impact investor targeting investments in startups and SMEs in the renewable energy, agriculture and business services sectors in East and Southern Africa. Read More
Tiger Global Leads USD16m Series A for Brazil’s Zippi
Tiger Global led a USD16m Series A for Zippi, a Brazil-based payroll and credit platform for independent contractors, with participation from Volpe Capital, YC, Rainfall Ventures, Globo Ventures, Hummingbird, Mantis, MSA Capital and Soma Capital. Read More
DisruptAD, Reciprocal Ventures and Shorooq Partners Lead USD22.5m Round for UAE’s NymCard
DisruptAD, Reciprocal Ventures and Shorooq Partners led a USD22.5m round for UAE-based Banking as-a-Service provider NymCard, with participation from Chimera, DFDF, Knollwood, Endeavor Catalyst, OTF Jasoor Ventures and additional new and existing investors. Read More