Dragoneer Investment Group and General Atlantic invested USD100m and USD50m, respectively, in Brazil-based edtech Arco, through the purchase of convertible senior notes. Read more… Read More
Tencent led a USD48m Series B for South Africa-based fintech Ozow, with participation from Endeavor Catalyst and Endeavor Harvest Fund. Read more… Read More
Coatue led a USD150m Series C for CloudWalk, a Brazilian POS and blockchain-based payments platform for entrepreneurs and SMEs, with participation from DST Global, A-Star, Plug and Play Ventures and angel Gokul Rajaram (DoorDash), and follow-on from Valor Capital Group and The Hive Brazil at a reported USD2.15b valuation. Read More
MBK Partners reached a USD1.8b final close for its second special situations fund. Read more… Read More
VestedWorld led a USD1.6m seed round for Shuttlers, a Nigeria-based, tech-enabled scheduled bus sharing company, with participation from EchoVC, Interswitch, Rising Tide Africa, Launch Africa, CMC 21 & Alsa, ShEquity, Five35, Consonance Investment, CcHub Syndicate, Sakore and Nikky Taurus. Read more… Read More
MassMutual Ventures led a USD4m pre-Series A for India-based healthtech Clinikk, with participation from Kunal Shah (Cred), Rohit M.A. (Cloudnine Hospitals), Anjali Bansal (Avaana Capital) and Stanford Angels.Existing investors Times Internet Group, EMVC, 500 Global and WEH Ventures followed on. Read more… Read More
Amethis, through its Amethis MENA Fund II, acquired a minority stake in Jordan-based language technology and services provider Tarjama for an undisclosed amount. Read more… Read More
TPG Capital’s Rise Fund, the Qatar Investment Authority (QIA) and Mastercard invested an additional USD125m in Airtel Mobile Commerce, an Airtel Africa subsidiary and the holding company for several of Airtel Africa’s mobile money operations across 14 African countries. TPG and QIA each invested USD50m and Mastercard invested USD25m. Read More
Falcon Edge Capital’s Alpha Wave Ventures led a USD135m Series B for Mensa Brands, an India-based e-commerce brand aggregator, with participation from Prosus Ventures and follow-on from Accel Partners, Norwest Venture Partners and Tiger Global, at a reported USD1b valuation. Read more… Read More
DX Ventures and Delivery Hero led a USD250m Series D for Facily, a Brazil-based social commerce marketplace, with participation from Citius, at a reported USD850m valuation. Read more… Read More
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