Verod Capital Acquires 65% stake in Nigeria’s i-Fitness from CardinalStone
Verod Capital acquired a 65% stake in Nigeria-based gym chain i-Fitness from CardinalStone for USD12m. CardinalStone first invested in the company in 2019. Read More
Verod Capital acquired a 65% stake in Nigeria-based gym chain i-Fitness from CardinalStone for USD12m. CardinalStone first invested in the company in 2019. Read More
CVC Capital Partners reached a USD6.8b final close for its sixth Asia fund focused on control, co-control and partnership investments in core consumer and services sectors across the region. Read More
Equator led a USD24m Series A for Roam, a Kenya-based EV manufacturer, with participation from At One Ventures, TES Ventures, Renew Capital and others. The round included USD10m in debt from DFC. Read More
Teyliom Finance, the financial services subsidiary of Côte d’Ivoire-based conglomerate Teyliom Group, received USD25m in financing, with USD20m from BluePeak Private Capital and USD5m from SwedFund. Read More
Blue Earth Capital agreed to partially acquire stakes in three funds from British International Investment, which includes two Africa-based and one India-based fund. … Read More
Seviora Capital and Temasek launched the T3F Strategy fund, focusing on late-stage venture and early-growth agri-food companies across the Asia Pacific. … Read More
Amethis acquired a minority stake in BBI, a UAE-based data management consultancy firm in the MENA region. Read More
Cento Ventures invested in Doxa Holdings, a Singapore-based digital procurement platform for SMEs. Doxa Holdings previously raised a USD2.2m pre-Series A in 2022. Read More
GMR Airports, an India-based aviation facilities operator, raised a INR22.4b (~USD269.7m) investment, which includes INR8.3b from JP Morgan Securities Asia Pacific, INR8b from Tata Capital, INR3b from Navi Finserv and INR2b from HSBC. Read More
Thryve.Earth, a Singapore-based cloud platform that develops and manages climate solution projects, raised a USD2.6m seed round, with USD2m from Openspace Ventures and USD500k from Capital Code. Read More
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