Amethis exited its 33.77% stake in Mauritius-based logistics company Velogic via the company’s IPO on the Mauritius Stock Exchange. Amethis sold 31.58 million shares for MUR790m (~USD18m). Read more… Read More
Tiger Global led a USD34m Series B+ for ShopUp, a Bangladesh-based B2B commerce platform for MSMEs, with participation from Valar Ventures, VEON Ventures, Omidyar, Prosus Ventures, Flourish Ventures and Lonsdale Capital. The extension takes ShopUp’s Series B to USD109m. Read more… Read More
The New York State Common Retirement Fund committed USD190m to New York Co-Investment Pool Asia Investors IV, a co-investment vehicle managed by Asia Alternatives. Read more… Read More
Benson Oak Ventures led a USD1.5m pre-Series A for Verofax, a UAE-based Asset Digitization and Traceability solutions provider, with participation from 500 Global, Wami Capital, and Vernalis Capital. Read more… Read More
Berkshire Hathaway and Permira agreed to sell part of their stakes in South Africa-based data center operator Teraco Data Environments to Digital Realty. The deal values the company at a reported USD3.5b. Read more… Read More
SoftBank led a USD127m round for Brazil-based healthcare provider Alice, with participation from G Squared, Globo Ventures, StepStone and Allen & Co, and follow-on from KASZEK and ThornTree Capital Partners. Read more… Read More
Mediterrania Capital Partners achieved a partial exit from Morocco-based construction company Travaux Généraux de Construction de Casablanca (TGCC) via the company’s IPO on the Casablanca Stock Exchange. The IPO consisted of a cash-out of MAD300m (~USD32.4m) and a capital increase of MAD300m. Read more… Read More
Tybourne Capital Management led a USD96m Series C for Indonesia-based coffee chain Kopi Kenangan, with participation from Falcon Edge Capital and follow-on from Horizons Ventures, Kunlun and B Capital. Read more… Read More
Chongqing Ant Consumer Finance, Ant Group’s consumer finance unit, raised CNY22b (~USD3.5b) from a group of investors led by Ant Group and including China Cinda Asset Management, Sunny Optics, Boguan Technology, Yufu Capital and Jiangsu Yuyue Medical Equipment & Supply. As part of the round, China Cinda invested CNY6b (~USD942m)… Read More
Northstar Group reached a USD590m final close for its fifth fund targeting investments in mature growth companies and select early-stage companies primarily in Indonesia and in other countries in Southeast Asia. Read more… Read More
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