Tiger Global Invests USD50m Series B for India’s Cogoport
Tiger Global invested a USD50m Series B for Cogoport, an India-based logistics platform aggregating ocean and airline freight carriers. Read more… Read More
Tiger Global invested a USD50m Series B for Cogoport, an India-based logistics platform aggregating ocean and airline freight carriers. Read more… Read More
China-based metaverse infrastructure company Xmov raised a combined USD130m Series B and Series C. Fresh Capital and Jinsha Capital led the USD20m Series B, while SoftBank and an unnamed strategic investor led the USD110m Series C with participation from Northern Light Venture Capital and Index Ventures. Read more… Read More
Aavishkaar Capital reached a USD130m first close for its latest India-focused impact fund targeting investments in tech-enabled MSMEs across sustainable agriculture, financial inclusion and essential services, with a focus on climatetech. Read more… Read More
Endeavor South Africa reached a ZAR190m (~USD13m) final close for its Harvest Fund II. Read more… Read More
ACON Investments acquired an undisclosed stake in Brazil-based corporate food service company Sapore. Read more… Read More
Equinix completed the acquisition of Nigeria-based data center MainOne for USD320m, facilitating an exit for Harith General Partners. Read more… Read More
Warburg Pincus and Gávea Investimentos partially exited Grupo GPS, a Brazil-based outsourced cleaning, maintenance and security services company, via a BRL530m (~USD114m) block trade. Warburg and Gávea retain 10% and 6% stakes, respectively. Read more… Read More
AIIM, through its IDEAS Fund and AIIF4 Fund, and the Mokobela-Shataki consortium acquired South Africa-based integrated logistics company The Logistics Group for ZAR1.6b (~USD110m). The transaction was financed by a mix of equity and debt financing. Read more… Read More
Velocity Capital Fintech Ventures led a USD15.5m Series A for Singapore-based Gotrade, a Singapore-based app for international users to buy fractional shares of U.S. securities, with participation from Mitsubishi UFJ Financial Group, BeeNext, Kibo Ventures, Picus Capital, LocalGlobe, Social Leverage and Raptor. Read More
CPP Investments led a USD805m round for India-based VerSe Innovation, which operates news aggregator app Dailyhunt and short video app Josh, at a reported USD5b valuation, with participation from Ontario Teachers’ Pension Plan Board, Luxor Capital and Sumeru Ventures, and follow-on from Sofina Group and Baillie Gifford. Read more… Read More
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