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Mithril Capital and BlackRock Invest USD110m in GreyOrange
Mithril Capital and BlackRock invested USD110m in GreyOrange, an India-founded robotics company with headquarters in Singapore and the US. Read More
Lightrock Reaches USD300m Final Close for LatAm Growth Fund
Lightrock reached a USD300m final close for its Latin America-focused growth equity fund. Read More
IDB Invest and Blue Like an Orange Invest USD22m in Colombia’s Merqueo
IDB Invest and Blue Like an Orange invested USD22m in Colombian grocery delivery platform Merqueo. Read More
Grupo Procaps To Acquire Mexico’s Grupo Somar From Advent
Grupo Procaps agreed to acquire Mexico-based integrated pharma company Grupo Somar from Advent International for an undisclosed amount. Read More
Insight Partners leads USD46m Series B for Egypt’s Instabug
Insight Partners led a USD46m Series B for Instabug, an Egypt-founded bug reporting platform for mobile developers, with participation from Forgepoint Capital and Endeavor, and follow-on from Accel. Read More
Multiples-led Consortium Invests USD88m in India’s BDR Pharma
A consortium of investors led by Multiples Alternate Asset Management and including Times Group and QRG Invest acquired a 9.3% stake in India-based active pharmaceuticals ingredients company BDR Pharmaceuticals International for ~USD88m. Read More
Prosus Ventures and WestBridge Invest USD100m in India’s Fashinza
Fashinza, an India-based supply chain marketplace for fashion brands and retailers, raised USD100m in equity and debt from Prosus Ventures and Westbridge Capital, with follow-on from Accel, Elevation Capital, ADQ and angels. Read More
Jungle Ventures Reaches USD600m Final Close for Fourth Fund
Jungle Ventures reached a USD600m final close for its fourth fund targeting investments in Southeast Asia and India. Read More
Jadwa III Sells Saudi Arabia’s Al Meswak to Gulf Islamic Investments and Jadwa Fund V
Jadwa Investment’s Jadwa Healthcare Opportunities Fund 3 sold its majority stake in Saudi Arabia-based dental and dermatology services provider Al Meswak Dental Clinic to Gulf Islamic Investments and Jadwa Healthcare Opportunities Fund 5, a newly formed fund managed by Jadwa. Read More
BPEA Acquires India’s IGT Solutions for USD810m
Baring Private Equity Asia acquired a 85% stake in India-based specialist backend services firm IGT Solutions from AION Capital Partners, an affiliate of Apollo Global Management, for USD810m. Read More
Stripes Leads USD32m Series A+ for Brazil’s Nomad
US-based growth equity firm Stripes led a USD32m Series A+ for Nomad, a Brazil-based fintech offering US checking accounts for Brazilian residents, with participation from monashees, Spark Capital, Proporel Ventures, Globo Ventures and Abstract, at a reported USD200m valuation. Read More
Phatisa Exits Côte d’Ivoire’s Continental Beverage Company Via Sale to Teyliom
Phatisa sold its minority stake in Côte d’Ivoire-based bottled water producer Continental Beverage Company to majority shareholder Teyliom International Group for an undisclosed amount. Read More