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NEA Leads USD70m Series C for Indonesia’s Super
NEA led a USD70m Series C for Indonesia-based social commerce platform Super, with participation from Insignia Ventures Partners, SoftBank Ventures Asia, DST Global Partners, Amasia, B Capital, TNB Aura, Stephen Pagliuca (Bain Capital), Goldhouse and Moses Lo (Xendit). Read More
Bertelsmann India and General Catalyst Lead USD25m Series B for India’s Orange Health
Bertelsmann India and General Catalyst led a USD25m Series B for Orange Health, an India-based diagnostics lab services platform, with follow-on from Accel, YC, Good Capital and Uncorrelated Capital. Read More
GII Acquires UAE’s Anglo-Gulf Trade Bank From Mubadala
Gulf Islamic Investments acquired 100% of UAE-based digital bank Anglo-Gulf Trade Bank from Mubadala Investment Company for an undisclosed amount. Read More
Tiger Global Leads USD50m Series C for India’s Slice
Tiger Global led a USD50m Series C tranche for India-based digital credit card provider Slice, with participation from GMO Venture Partners and follow-on from Insight Partners and Moore Strategic Ventures. Read More
Alpha Wave Leads USD57m Round for India’s Cuemath
Alpha Wave led a USD57m round for India-based online math tutoring platform Cuemath at a reported USD407m valuation, with follow-on from Lightrock India, Sequoia Capital India, CapitalG, Manta Ray and Unitus. Read More
Goldman Sachs Asset Management and B Capital Lead USD77m Series E for India’s MoEngage
Goldman Sachs Asset Management and B Capital led a USD77m Series E for MoEngage, a US- and India-based customer engagement platform, with follow-on from Steadview Capital, Multiples Alternate Asset Management, Eight Roads Ventures and Matrix Partners India. Read More
UAE’s Aramex To Acquire MyUS for USD265m
Dubai-headquartered logistics company Aramex agreed to acquire MyUS, a cross-border e-commerce platform based in the US, for USD265m. Read More
Softbank Vision Fund 2 and Goldman Sachs Lead ~USD536m Series D for Croatia’s Rimac
Softbank Vision Fund 2 and Goldman Sachs led a EUR500m (~USD536m) Series D for Rimac, a Croatia-based hypercar maker and EV components supplier, at a reported EUR2b valuation, with participation from Porsche. Read More
Sanlam To Acquire South Africa’s Q-Link From Apis Partners
Sanlam Private Equity agreed to acquire South Africa-based payment solutions provider Q Link Holdings from Apis Growth Fund I, a PE fund managed by Apis Partners. Read More
Ninety One EAIF Provides USD10.6m Loan to Uganda’s Serengeti Energy
Ninety One’s EAIF provided a USD10.6m loan to Serengeti Energy, the developer of the Nyamwamba ll 7.8MW run-of-the-river hydroelectricity plant in the Kasese District of Western Uganda. Read More
L Catterton Leads USD50m Series D for India’s SUGAR
L Catterton led a USD50m Series D for India-based omnichannel beauty company SUGAR Cosmetics, with follow-on from A91 Partners, Elevation Capital and India Quotient. Read More
Macquarie Reaches USD4.2b Final Close for Third Asia Infrastructure Fund
Macquarie Asset Management reached a USD4.2b final close for its Macquarie Asia-Pacific Infrastructure Fund 3, surpassing its original target of USD3b. Read More