Asia Partners and Falcon Edge Capital led a USD100m+ Series B for Indonesia-based B2B marketplace GudangAda, with participation from Sequoia Capital India, Alpha JWC and Wavemaker Partners. Read more… Read More
Aflac Global Investments agreed to invest USD2b in Denham Capital to launch a new debt platform within Denham Sustainable Infrastructure for a 24.9% stake. Aflac also committed USD100m toward Denham’s second dedicated equity fund. Read more… Read More
Brazil-based quick delivery app Daki merged with US-based quick delivery platform Jokr and raised a USD170m Series A from Tiger Global, GGV Capital and Balderton Capital, with participation from monashees, KASZEK, HV Capital, Activant Capital, Greycroft and FJ Labs. Read more… Read More
China-founded D2C children’s wear brand PatPat raised USD510m in Series C and D funding. General Atlantic, Capital Today China Group and the wealth management unit of CDH Investments led the Series C, with participation from SIG, Ocean Link and INCE Capital. DST Global led the Series D, with participation from… Read More
A consortium led by Metier and including CDC Group, DEG and Proparco invested USD36m in Africa Mobile Networks, a developer and operator of mobile network base stations in Sub-Saharan Africa. Read more… Read More
LeapFrog Investments led a USD75m Series C for India-based digital health platform HealthifyMe, with participation from Khosla Ventures and follow-on from existing investors. LeapFrog invested USD30m in the round. Read more… Read More
Hillhouse Capital led a CNY500m (~USD77m) Series A for Xiaoice, a China-based AI chatbox developer spun off from Microsoft, with participation from GGV Capital, IDG Capital, 5Y Capital, NetEase and Northern Light Venture Capital. Read more… Read More
Temasek and Falcon Edge Capital led a USD220m investment in India-based eyewear retailer Lenskart at a reported USD2.5b valuation. The investment is part of a new round that saw KKR invest USD95m in the company in May 2021. Read more… Read More
T. Rowe Price led a USD500m Series F for Colombia-based on-demand delivery startup Rappi, with participation from SoftBank, GIC, Baillie Gifford, Third Point and Octahedron, at a reported USD5.25b valuation. Read more… Read More
GIC acquired a significant minority stake in Biotrop Soluções Biológicas, a Brazil-based high-tech biological agricultural inputs company, providing a partial exit for Aqua Capital. The transaction is subject to approval. Read more… Read More
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