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… Read More
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… Read More
Jungle Ventures reached a USD600m final close for its fourth fund targeting investments in Southeast Asia and India. Read more… Read More
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… Read More
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… Read More
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… Read More
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… Read More
Global Infrastructure Partners agreed to acquire Atlas Renewable Energy, a clean energy platform focused on developing, building and operating solar and wind projects in Latin America, from Actis in a deal reportedly valued at USD2b. Read more… Read More
PeakSpan Capital led a USD25m Series B for Tidio, a Poland-based live chat and customer solutions platform for MSMEs, with participation from Rafał Brzoska (InPost) and follow-on from Inovo Venture Partners. Read more… Read More
UAE-based cloud kitchen startup Kitopi raised a USD300m Series C extension, bringing total capital raised in the round to USD715m. SoftBank Vision Fund 2 led the company’s USD415m Series C in July 2021, with participation from Chimera, DisruptAD, B Riley, Dogus Group, Next Play Capital and Nordstar. Read More
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