Insight Partners led a USD56m round for M2P Fintech, an India-based payments infrastructure startup, with participation from MUFG Innovation Partners and follow-on from Tiger Global and Better Capital. Read more… Read More
OMAI, through its Education Investment Impact Fund of South Africa, invested ZAR68m (~USD4.5m) for the development of two new schools in South Africa in partnership with education operator Edinvest. OMAI provided ZAR54m (~USD3.5m) in debt and ZAR14m (~USD900k) in equity, while Edinvest invested ZAR15m (~USD1m) in equity. Read More
Ethos Mezzanine Partners and BluePeak Private Capital invested USD31.5m in Grit Real Estate Income Group, a pan–African real estate company headquartered in Mauritius. Read more… Read More
SoftBank led a USD300m round for India-based e-commerce enablement platform ElasticRun at a reported USD1.5b valuation, with participation from Goldman Sachs and follow-on from Prosus Ventures. Read more… Read More
Goodwell Investments led a USD50m Series C for Copia Global, a Kenya-based e-commerce logistics platform, with participation from Zebu Investment Partners, DFC and Koa Labs, and follow-on from Lightrock, DEG and Perivoli Innovations. Read more… Read More
Tiger Global and Sequoia Capital India led a USD80m Series C for Lummo (formerly BukuKas), an Indonesia-based startup focused on digitizing SMEs, with participation from CapitalG and angels including Max Bittner (Lazada) and Santiago Sosa (Nuvemshop). Read more… Read More
Sequoia Capital India led a USD42m Series B for SaaS Labs, an India-based SME automation platform, with follow-on from Base 10 Partners and Eight Roads Ventures. Read more… Read More
Xepelin, a Chilean accounts receivable-based lending platform for SMEs, secured USD80m in debt from Community Investment Management. Xepelin previously secured USD200m in credit facilities in 2021. Read more… Read More
Africa50 led a USD28m Series C for Kenya-based ISP Poa Internet, with follow-on from Novastar. Read more… Read More
Tiger Global, Steadview Capital and Dragoneer Investment Group led a USD75m Series D for India-based wealth management platform INDmoney at a reported USD640m valuation. Read more… Read More
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