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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
BBVA Acquires 36.12% Stake in Turkey’s Garanti for USD1.4b
BBVA acquired an additional 36.12% stake in Turkey-based bank Garanti for USD1.43b, bringing its stake to 85.97%. Read More
PIF Acquires 16.87% in Saudi Arabia’s Kingdom Holding for USD1.5b
The Public Investment Fund acquired a 16.87% stake in Kingdom Holding, the Saudi Arabia-based investment company controlled by Prince Alwaleed bin Talal, in a deal valued at USD1.5b. Read More
monashees, SoftBank, Tiger and Foundation Capital Invest USD150m Series C for Mexico’s Nowports
Mexico-based digital freight forwarder Nowports raised a USD150m Series C at a USD1.1b reported valuation from existing investors monashees, SoftBank Latin America Fund, Tiger Global and Foundation Capital. Read More
INCE Capital Leads USD30m Series A for China’s PhiGent Robotics
INCE Capital led a USD30m Series A for China-based autonomous driving solutions provider PhiGent Robotics, with follow-on from Atypical Ventures, 5Y Capital and GSR Ventures. Read More