LeapFrog Acquires 16.94% Stake in Fidelity Bank Ghana from Amethis
LeapFrog Investments acquired a 16.94% stake in Fidelity Bank Ghana from Amethis and Edmond de Rothschild Equity Strategies (ERES) for an undisclosed amount. Read more… Read More
Farallon Capital, Leapfrog, TCV and Accel Invest USD292m Series E for Cross-Border Payments Platform Zepz
Farallon Capital and existing investors LeapFrog Investments, TCV and Accel invested a USD292m Series E for Zepz (formerly WorldRemit), a digital cross-border payments platform focused on emerging markets, at a reported USD5b valuation. Read more… Read More
SoftBank Vision Fund 2 Leads USD400m Round for Nigerian Fintech OPay
SoftBank Vision Fund 2 led a USD400m round for OPay, a mobile payments company based in Nigeria, with participation from DragonBall Capital and 3W Capital, and follow-on from Sequoia Capital China, Redpoint China, Source Code Capital and Softbank Ventures Asia, at a reported USD2b valuation. Read more… Read More
ChrysCapital and True North Managers Invest USD150m in QuEST Global
ChrysCapital, True North and unnamed institutional investors invested USD150m for minority stakes in QuEST Global, a global product engineering and lifecycle services company based in Singapore. Read more… Read More
China Three Gorges South Asia Acquires Mubadala- and IFC-Backed Alcazar Energy
A consortium of investors led by China Three Gorges South Asia Investment acquired Alcazar Energy, a UAE-based renewable energy developer that operates across the MENA region and is backed by Mubadala and IFC. Alcazar Energy’s portfolio comprises seven wind and solar projects across Jordan and Egypt with a total generation… Read More
Partners Group to Exit Singapore’s Straive via Sale to BPEA
Partners Group sold Straive, a Singapore-based provider of technology-driven content and data solutions, to Baring Private Equity Asia (BPEA) for an undisclosed amount. Read more… Read More
Temasek, Loyal Valley, Lilly Asia, Others Invest USD700m Series C for Chinese Vaccine Developer Abogen
Suzhou Abogen Biosciences, a Chinese vaccine developer targeting COVID-19, raised a USD700m Series C from Temasek, Loyal Valley Capital, Lilly Asia Ventures, Invesco Developing Markets Fund, GL Ventures, Yunfeng Capital and Boyu Capital. Youshan Capital, Gaorong Capital, Firstred Capital, Octagon Capital, Kaiser, 5Y Capital, MSA Capital, Alwin Capital, Yingke PE,… Read More
Kaya Leads USD3.2m Seed Round for Poland’s Cardiomatics
Kaya led a USD3.2m seed round for Poland-based healthtech Cardiomatics, with participation from Nina Capital, Nova Capital and Innovation Nest. Read more… Read More
Inspiration Capital Reaches USD65m First Close for Debut China Fund
Inspiration Capital Partners reached a USD65m first close for its debut fund targeting mid-market growth and control investments in China’s healthcare, consumer and financial business services sectors. The fund has a target size of USD150m. Read more… Read More
LeapFrog Exits India’s Poonawalla Fincorp for ~USD32m
LeapFrog Investments exited India-based non-banking financial company Poonawalla Fincorp by selling its remaining shares on the NSE for INR2.38b (~USD32m) Read more… Read More
(default archive template)