Tiger Global led a USD110m round for Bizongo, an India-based B2B marketplace for packaging materials, with follow-on from B Capital, IFC and CDC. Schroder, Chiratae Ventures, Adveq, Bruno E. Raschle, Add Ventures Capital, Castle Investment and Satyadharma Investments also participated in the round. Read more… Read More
South Korea-based game developer KRAFTON led a USD11m Series B for Jordan-based mobile game publisher TamatemGames, with participation from Venture Souq and Endeavor Catalyst and follow-on from existing investors. Read more… Read More
IFC led a USD110m Series B comprising a mix of equity and debt for Nigeria-based B2B e-commerce startup TradeDepot, with participation from Novastar, Sahel Capital, CDC Group and Endeavor Catalyst, and follow-on from Partech and MSA Capital. Arcadia Funds provided debt. Read more… Read More
AfDB, Proparco and Ninety One‘s EAIF agreed to provide EUR36m (~USD40.7m) in financing for InfraCo Africa’s Djermaya solar project in Chad. Read more… Read More
Dolidol, a Morocco-based bedding and mattress manufacturer and distributor backed by DPI, acquired Mouka, a Nigeria-based mattress maker, from Actis for USD60m. Read more… Read More
Investisseurs & Partenaires exited its investment in Kenya-based food flavors company Afribon via a sale to the Kerry Group for an undisclosed amount. Read more… Read More
DAI acquired emerging markets-focused microfinance lender MicroVest Capital Management for an undisclosed amount. Read more… Read More
3TS Capital exited SALESmanago, a Poland-based SaaS marketing automation platform, via a sale to SilverTree Equity and Perwyn for an undisclosed amount. Read more… Read More
Sequoia Capital India led a USD105m Series C for Singapore-based edtech LingoAce, with participation from Owl Ventures, Shunwei Capital and SWC Global. Read more… Read More
StepStone Group led a USD102m Series C for Kueski, a Mexican consumer lending platform, with participation from One Prime Capital and Glisco, and follow-on from Cometa, Angel Ventures, Altos Ventures, Cathay Innovation, Richmond Global Ventures, Rise Capital and Tuesday Capital. Read more… Read More
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