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Venturi Partners and Temasek Lead USD108m Series D for India’s Country Delight
Venturi Partners and Temasek led a USD108m Series D for India-based D2C food essentials brand Country Delight at reported USD615m valuation, with participation from SWC Global and Trifecta Capital, and follow-on from IIFL Asset Management, Elevation Capital, Orios Venture Partners and Matrix Partners. Read More
KKR Reaches USD1.1b Final Close for Debut Asia Credit Fund
KKR reached a USD1.1b final close for KKR Asia Credit Opportunities Fund, its debut pan-Asia credit fund. Read More
AfricInvest Reaches USD411m Final Close for Fund IV
AfricInvest reached a USD411m final close for AfricInvest Fund IV, surpassing its hard cap of USD400m. The fund will invest in mid-cap companies across diverse sectors in Africa. Read More
500 Global, Paragon Investment and SparkLabs Taipei Invest Pre-Series A for Hong Kong’s Spaceship
500 Global, Paragon Investment and SparkLabs Taipei invested an undisclosed pre-Series A for Hong Kong-based cross-border logistics startup Spaceship. Read More
DPI Acquires Stake in Côte d’Ivoire’s Groupe Cofina for USD60m; Mediterrania Exits
DPI acquired a minority stake in Côte d’Ivoire-based mesofinance and financial services institution Groupe Cofina for USD60m, providing an exit for Mediterrania Capital Partners. Read more here and h Read More
SoftBank Leads USD150m Series B for India’s Firework
SoftBank Vision Fund 2 led a USD150m Series B for Firework, an India-based livestreaming commerce and digital transformation platform. Read More
SoftBank and Carlyle Partially Exit India’s Delhivery Via IPO
The Carlyle Group and SoftBank partially exited India-based logistics company Delhivery through the company’s IPO on the BSE and NSE. The company’s reported valuation is USD4.9b. Read More
Pantheon Reaches USD834m Final Close for Second Senior Debt Fund
Pantheon reached a USD834m final close for Pantheon Senior Debt II USD, surpassing its initial target of USD500m. The fund will focus on senior private debt secondary investment opportunities globally. Read More
Phatisa Leads Investment in South Africa’s Lona Group
Phatisa, together with British International Investment (formerly CDC Group), Norfund and Finnfund, acquired a significant minority stake in South Africa-based citrus and fresh produce exporter Lona Group for an undisclosed amount. Read More
Alpha Wave, Info Edge & Kae Capital Lead USD25m Series B for India’s 1K Kirana
Alpha Wave Ventures, Info Edge Ventures and Kae Capital led a USD25m Series B for 1K Kirana, an India-based offline to online neighborhood store network. Read More
Aqua Capital Exits Brazil’s Puravida Via Sale to Nestlé
Aqua Capital agreed to sell 100% of Brazil-based foodtech Puravida to Nestlé Health Science, the health and wellness unit of Nestlé, for an undisclosed amount. Read More
Hamilton Lane, Krungsri Finnovate, UOB, Others Invest USD58m Pre-Series B for Singapore’s ADDX
ADDX, a Singapore-based trading platform for digital securities, raised a USD58m pre-Series B from SET Venture Holding, UOB, Hamilton Lane and Krungsri Finnovate. Read More