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 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
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 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 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 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
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
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