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Vertex Growth and Brunei Investment Agency Lead USD80m Round for India’s Kissht
Vertex Growth and Brunei Investment Agency led a USD80m round for India-based small business credit platform Kissht at a reported USD400-500m valuation, with follow-on from Vertex Ventures SEA and India and Endiya Partners. Read More
IFC, March Holding, B&Y Ventures, Others Invest USD18m Series B for Lebanon’s Toters
Toters, a Lebanon-based super app that began as a food delivery service, raised a USD18m Series B from IFC, March Holding and existing investor B&Y Ventures, along with undisclosed investors. Read More
KASZEK, Clocktower, SoftBank and DILA Invest USD100m Series B for Ecuador’s Kushki
Kushki, an Ecuador-based payments infrastructure startup, raised a USD100m Series B at a reported USD1.5b valuation from KASZEK, Clocktower Ventures, SoftBank and DILA Capital. Kushki raised USD86m in the first tranche of the round earlier this month. Read More
Warburg Pincus Invest USD70m in Brazil’s Take Blip
Warburg Pincus invested USD70m in Take Blip, a Brazil-based CRM platform that operates on WhatsApp and Facebook Messenger. Read More
Fasanara Capital, MAJ Invest, Others Invest USD90m Debt and Equity Series B for India’s FlexiLoans
FlexiLoans, an India-based, SME-focused fintech lender, raised a USD90m debt and equity Series B from Fasanara Capital, MAJ Invest, the family offices of Harry Banga and Yogesh Mahansaria and existing investor Sanjay Nayar. Read more here and h Read More
Westbridge and GSV Ventures Invest USD100m Series A for India’s PhysicsWallah
Westbridge and GSV Ventures invested a USD100m Series A for PhysicsWallah, an India-based low-cost edtech startup, at a reported USD1.1b valuation. Read More
IDB Invest Provides USD250m Fixed Rate B-bond for Uruguay’s Central Railroad Line Project
IDB Invest provided a financing package to the Central Railroad Line Project in Uruguay consisting of a USD250m senior facility through a fixed rate B-bond. Read More
BaltCap To Sell Latvia’s Uprent to Renta
BaltCap agreed to sell SIA Uprent Group, a Latvia-based specialized pumping company providing dewatering and bypassing solutions in the Baltics and Poland, to Renta Group Oy for an undisclosed amount. BaltCap first invested in the company in 2016 through its BaltCap Private Equity Fund II. Read More
Target Global Leads USD3m Seed Round for Nigeria’s Indicina
Target Global led a USD3m seed round for Indicina, a Nigeria-based credit infrastructure platform, with participation from Greycroft and RV Ventures. Read More
Warburg, B Capital, Qiming, Others Invest USD60m Series D for Hong Kong’s Insilico
Insilico, a Hong Kong-based drug discovery company, raised a USD60m Series D from Warburg Pincus, B Capital Group, Qiming Venture Partners, Bold Capital Partners and Pavilion Capital. Read More
Intudo Ventures, Lightspeed, Northstar Group and Pantera Capital Invest USD113m Series B for Indonesia’s Pintu
Indonesia-based crypto trading app Pintu raised a USD113m Series B from Northstar Group and existing investors Intudo Ventures, Lightspeed and Pantera Capital. Read More
Genesis Capital Reaches ~USD161m Final Close for GPEF IV
Genesis Capital reached a EUR150m (~USD161m) final close for its Genesis Private Equity Fund IV, meeting its hard cap after a EUR15m (~USD16m) investment from EBRD. The fund will invest in SMEs and mid-cap companies across diverse sectors in Central Europe. Read More