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China’s Shein Reportedly Raises USD1-2b from GA, Sequoia China and Tiger Global
China-based fast fashion company Shein reportedly raised USD1-2b from General Atlantic, Sequoia China and Tiger Global at a ~USD100b valuation. Read More
BluePeak Capital Invests USD20m in ieng
BluePeak Private Capital invested USD20m in ieng, a pan-African provider of end-to-end engineering infrastructure solutions to the telecommunications and power industries. Read More
Bain Capital To Acquire 25% Stake in India’s IIFL Wealth Management for USD487m, General Atlantic and Fairfax Holdings To Exit
Bain Capital agreed to acquire a 25% stake in IIFL Wealth Management, a wealth and asset management company based in India, for USD487m from General Atlantic and Fairfax Holdings. Read More
INVL Asset Management Reaches ~USD29.5m First Close for Global Infrastructure Fund
INVL Asset Management reached a ~USD29.5m first close for INVL Partner Global Infrastructure Fund I. Read More
IFC AMC Invests in Egypt’s Integrated Diagnostics Holdings
IFC and IFC AMC invested an undisclosed amount in Integrated Diagnostics Holdings, an Egypt-based diagnostic service provider backed by Actis. Read More
Turkven Invests in Turkey’s Züber
Turkven invested an undisclosed amount in Turkey-based snack brand Züber. Read More
SPE Capital Acquires Minority Stake in Morocco’s Holged from TPG and Satya Capital
SPE Capital, through its SPE AIF I fund, acquired a minority stake in Morocco-based private education group Holged from TPG Growth and Satya Capital. Read More
DisrupTech Reaches USD25.1m Second Close for Egypt Fintech Fund
DisrupTech reached a USD25.1m second close for its fund focused on the fintech sector in Egypt. Read More
Actis Acquires Turkey’s Uluğ Energy Distribution and Retail Services
Actis acquired 100% of Uluğ Energy Distribution and Retail Services, a Turkey-based provider of electricity distribution and retail services, from Limak Investment for an undisclosed amount. Read More
Verod Capital Acquires Minority Stake in Nigeria’s Medplus
Verod Capital, through its Verod Capital Growth Fund III, acquired a minority stake in Nigeria-based pharmaceutical retail business Medplus for an undisclosed amount. Read More
Monk’s Hill Leads USD8.1m Series A for Indonesia’s CrediBook
Monk’s Hill Ventures led a USD8.1m Series A for Indonesia-based bookkeeping app CrediBook, with follow-on from Insignia Ventures Partners and Wavemaker Partners. Read More
Radical Ventures Leads USD25m Series A for India’s Pixxel
Radical Ventures led a USD25m Series A for Pixxel, an India- and US-based earth imaging platform, with participation from Blume Ventures, Lightspeed and others. Read More