Westbridge Capital led a USD30m Series B for Bijnis, an India-based e-commerce software provider for the manufacturing industry, with follow-on from InfoEdge, Matrix Partners India, Sequoia Capital India and Waterbridge Ventures. Read more… Read More
Norwest Venture Partners led a INR2.7b (~USD37m) Series E for Ummeed Housing Finance, an India-based affordable housing finance company, with follow-on from Morgan Stanley Private Equity Asia. Read more… Read More
Lightrock India led a USD50m Series D for India-based lending company Capital Float, with participation from angel investors and follow-on from Sequoia Capital India, Ribbit Capital and Creation Investments. Read more… Read More
BluePeak Private Capital reached a USD115m first close for its BluePeak Private Capital Fund, a private credit and mezzanine vehicle with an initial target size of USD200m. The fund will provide financing solutions to SMEs and private equity sponsors operating in Africa. Read more… Read More
Advent International and SoftBank led a USD225m Series B for Merama, a Mexico- and Brazil-based e-commerce brand aggregator, with participation from Globo Ventures and follow-on from monashees, Valor Capital Group, Balderton Capital and MAYA Capital. Read more… Read More
US-based cloud computing and SaaS startup Cloud Klair agreed to acquire Sehteq, a UAE-based insurtech backed by 971 Capital, for an undisclosed amount. Read more… Read More
Revo Capital reached a EUR90m (~USD105m) final close for its second fund targeting investments in tech-driven and growth-stage startups in Turkey and Eastern Europe. IFC, EBRD and DEG are among the investors in the fund. Read more… Read More
Charoen Pokphand Group led a USD150m Series C for Thailand-based fintech Ascend Money at a reported USD1.5b valuation, with participation from Bow Wave Capital and follow-on from Ant Group. Read more… Read More
Singapore-based logistics platform Ninja Van raised a USD578m Series E from Alibaba Group and existing investors GeoPost’s DPDgroup, B Capital Group, Monk’s Hill Ventures and Zamrud. Read more… Read More
Flat6Labs reached a USD10m close for its Anava Seed Fund targeting early-stage investments in Tunisian startups, surpassing its initial target size of USD3m. Read more… Read More
(default archive template)