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Oria Capital To Raise USD100m for Fourth Fund
Oria Capital plans to raise USD100m for its fourth fund which will focus on digital transformation and B2B SaaS. Read More
Actis Acquires 50% Stake in UAE’s EMICOOL From Dubai Investments
Actis acquired a 50% stake in UAE-based district cooling services provider Emirates District Cooling Company (EMICOOL) from Dubai Investments at a reported USD1b valuation. Read More
FMO and BIX Capital Invest USD10m in C-Quest for Africa Clean Cooking Operations
BIX Capital and FMO agreed to provide a USD10m facility to C-Quest Capital to support its clean cooking activities in Sub-Saharan Africa. Read More
Hosen Capital Closes USD280m Single-asset Continuation Fund for Kilcoy
Hosen Capital closed a USD280m single-asset continuation fund for Kilcoy Global Foods, an Australia-based beef processing business with operations in China, South Korea and Japan, with commitments from Pantheon and Committed Advisors. Read More
FinTech Collective Leads USD20m Series A for Colombia’s Simetrik
FinTech Collective led a USD20m Series A for Simetrik, a Colombia-based B2B platform for automatic financial reconciliation, with participation from Tiger Global and Moore Strategic Ventures, and follow-on from Cometa and monashees. Read More
Actis Exits Kenya’s AutoXpress via Sale to AfricInvest
Actis sold its stake in AutoXpress, a Kenya-based importer, distributor and retailer of tires, auto parts and accessories serving the East African market, to AfricInvest for an undisclosed amount. Read More
Ribbit Capital, Lachy Groom and Bezos Expeditions Invest USD45m in Brazil’s Stark Bank
Stark Bank, a Brazil-based cash management platform and corporate card issuer, raised a USD45m round from Ribbit Capital, Lachy Groom and Bezos Expeditions. Read More
Alpha Wave Incubation Invests USD100m in India’s Lenskart
Alpha Wave Incubation (formerly Falcon Edge) invested USD100m in India-based eyewear retailer Lenskart. Read More
SIG Venture Capital Leads USD210m Round for Philippines’ Voyager Innovations
SIG Venture Capital led a USD210m round for Philippines-based fintech Voyager Innovations at a reported USD1.4b valuation, with participation from EDBI and First Pacific, and follow-on from PLDT, KKR, Tencent, IFC and IFC AMC. Read More
KKR To Acquire 9.99% Stake in India’s Shriram General Insurance for USD237m
KKR agreed to acquire a 9.99% stake in India-based insurance company Shriram General Insurance for USD237m. Read More
Indonesia’s GoTo Raises USD1.1b in IDX IPO
Indonesia-based superapp GoTo raised USD1.1b in its IPO on the Indonesia Stock Exchange at a market capitalization of USD30b. Read More
Binance Leads USD150m Round for Vietnam’s Sky Mavis
Binance led a USD150m in Sky Mavis, a Vietnam-based crypto video game developer, with participation from Animoca Brands, a16z, Dialectic, Paradigm and Accel. The funds will be used to refund users after Sky Mavis’s Ronin network suffered a USD620m hack. Read More