Hedgestone Capital led a USD45m Series C+ for Ponhu, a China-based trading platform for second-hand luxury goods, with participation from Jinhuifeng Investment and follow-on from INCE Capital. Read more… Read More
Affirma Capital acquired Singapore-based preschool chain Little Paddington for an undisclosed amount. Read more… Read More
Taichi Graphics, a China-based 3D content collaboration platform, raised a USD50m Series A from Source Code Capital, GGV Capital, BAI Capital and Sequoia Capital China. Read more… Read More
MRK led a USD1.1m investment for Saudi Arabia-based fintech Tamawal, with participation from 500 Falcons and angels. Read more… Read More
Spark Capital and Earlybird Digital East Fund led a USD11m seed round for Midas, a Turkey-based retail investing platform, with participation from Nigel Morris (QED Investors) and Revo Capital. Read more… Read More
Trifecta Capital raised INR15b (~USD200m) for Trifecta Leaders Fund, its first equity fund targeting investments in late-stage Indian tech startups. Trifecta is looking to raise an additional INR3.75b (~USD50m) under a green shoe option. Read more… Read More
Ninety One’s EAIF provided a USD35m loan to Alten Kenya Solarfarms to develop the 40MW Kesses solar generation facility in Kenya. Read more… Read More
Sequoia Capital India, Tiger Global and SoftBank invested USD450m in India-based Polygon, an Ethereum-based blockchain scaling service provider, with participation from investors including Galaxy Digital, Galaxy Interactive and Republic Capital. Read more… Read More
General Atlantic led a USD40m Series B for Nigeria- and US-based healthtech Reliance Health, with participation from Partech, Picus Capital, Tencent Exploration, Asia Africa Investment and Consulting, P1 Ventures, Laerdal Million Lives Fund, M3 Inc. and Arvantis Social Foundation. Read more… Read More
Moody’s agreed to acquire a majority stake in Global Credit Ratings, a South Africa-based credit rating company backed by The Carlyle Group, in an all-cash deal. Read more… Read More
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