Insight Partners led aUSD225m Series Dfor Postman, an India-based API development platform, at a ~USD5.6b reported valuation, with participation from Coatue, Battery Ventures and BOND, and follow-on from CRV and Nexus Venture Partners. Read more… Read More
Faering Capital and Premji Invest led a USD40m Series C for Smallcase, an India-based wealth management app, with participation from Amazon, Sequoia India, Blume Ventures, Beenext, DSP Group, Arkam Ventures, WEH Ventures and HDFC Bank. Read more… Read More
Walmart, Tencent and Tiger Global invested USD350m in India-based digital payments company PhonePe. The investment is part of a USD700m round announced in December 2020. Walmart contributed USD283.5m, while Tencent and Tiger Global injected USD50m and USD16.5m, respectively. Read more… Read More
Affirma Capital, through Ascenta V, agreed to invest USD100m in Metanet T Platform, a South Korea-based cloud managed service provider. Read more… Read More
Sofina and the wealth management platform of CDH Investments led a USD50m Series D for Petkit, a China-based manufacturer of smart devices for pets, with follow-on from GGV Capital, Qiming Venture Partners, Atlas Capital, Ince Capital and Kunyan Capital. Read more… Read More
Temasek led a USD185m round for India-based edtech upGrad, with participation from IFC and IIFL, at a reported USD1.2b valuation. The first USD120m tranche of the round was completed in April 2021. Read more… Read More
Boyu Capital and Janchor Partners led a USD309m Series C for MediTrust Health, a China-based online healthcare payment and pharmacy platform, with participation from Lilly Asia Ventures, Lake Bleu Capital, Bank of China, AIHC Capital, China Everbright, New Alliance Capital, B Capital Group and CICC Capital, and follow-on from Shanghai… Read More
SoftBank Latin America Fund and Tencent led a USD350m Series D for Argentina-based fintech Ualá at a USD2.45b reported valuation, with participation from monashees, Ribbit Capital, Greyhound Capital, Endeavor Catalyst, D1 Capital Partners, Soros Fund Management, Goldman Sachs Asset Management and others. Read more… Read More
MBK Partners fully exited its 100% stake in Doosan Machine Tools, a South Korea-based manufacturer of turning centers, machining centers and other precision machine tools, to DTR Automotive, South Korea-based manufacturer of batteries, tires and auto parts, for USD2.05b. Read more… Read More
EV Growth and Quona Capital invested a USD17.5m round for Indonesia-based P2P lending platform ALAMI, with follow-on from AC Ventures and Golden Gate Ventures. Read more… Read More
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