China-based warehouse robotics maker Hai Robotics raised a USD200m combined Series C and D. 5Y Capital led the Series C with participation from Sequoia China, Source Code Capital, VMS, Walden International and Scheme Capital. Capital Today led the Series D, with follow-on from Sequoia China, 5Y, Source Code Capital, Legend… Read More
Monk’s Hill Ventures led a USD11.5m Series A for Dagangan, a social e-commerce platform for underserved rural communities in Indonesia, with participation from MMS Group, K3 Ventures, Spiral Ventures and Plug and Play Indonesia. Read more… Read More
Re-Pie Asset Management led a USD30m Series A for Colendi, a Turkey-based payment solution and micro-crediting platform. Re-Pie invested USD12m through its Colendi Private Equity Investment Fund. Read more… Read More
Helios Investment Partners sold its 49% stake in GBFoods Africa, a joint venture created by Helios and GBfoods, to GBFoods. Read more… Read More
CDC Group committed USD40m to Convergence Partners Digital Infrastructure Fund, a fund managed by Convergence Partners, contributing to its USD120m first close; CDC also committed USD10.9m to a consortium led by Metier which invested USD36m in Africa Mobile Networks, a developer and operator of mobile network base stations in Sub-Saharan… Read More
Platinum Equity sold PCI, a Singapore-based electronics manufacturing services provider, to Canada-based Celestica for USD306m. Read more… Read More
FloBiz, an India-based mobile billing app for distributors, wholesalers, traders and retailers, raised a USD31m Series B led by Sequoia Capital India, Think Investments and existing investors Elevation Capital and Beenext. Read more… Read More
Lighthouse Ventures led a EUR855k (~USD1m) pre-seed round for Lithuanian fintech Kernolab, with follow-on from Startup Wise Guys. Read more… Read More
India-based auto resale marketplace Cars24 raised USD450m in equity and debt funding from SoftBank, Tencent, DST Global, Falcon Edge’s Alpha Wave Incubation and others. The first tranche, a USD259m round at a reported USD1.75b valuation from DST Asia, Alpha Wave, Tencent, Moore Strategic Partners, Exor Seeds and others, was announced… Read More
Shunwei Capital and Xiaomi led a USD35m Series C for New Core Tech, a China-based ERP provider for the manufacturing industry, with participation from Northern Light Venture Capital and Cowin Capital. Read more… Read More
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