KAMCO Invest sold its 60% stake in UAE-based pharmaceutical distributor Planet Pharmacies to Gulf Pharmaceuticals Industry for an undisclosed amount. Read more… Read More
OTB Ventures reached a USD60m final close for OTB Growth Fund I. The vehicle will make follow-on investments to scale up portfolio companies and will continue to back technology businesses in the CEE region. Read more… Read More
GIC, Canada Pension Plan Investment Board, SoftBank Vision Fund 2 and Walmart led a USD3.6b round for India-based e-commerce company Flipkart, with participation from DisruptAD, Qatar Investment Authority, Khazanah Nasional Berhad, Tencent, Willoughby Capital, Antara Capital, Franklin Templeton and Tiger Global Management, at a reported USD37.6b valuation. Read more… Read More
Costanoa Ventures and CRE Ventures led a USD7m Series A for Smile Identity, an Africa-focused identity verification startup, with participation from LocalGlobe, Intercept Ventures, Future Africa and angel investors, and follow-on from Khosla Impact, ValueStream Ventures, Beta Ventures, 500 Startups and Story Ventures. Read more… Read More
Malaysia-based integrated digital media group iMedia acquired 100% of Favful, a Malaysia-based beauty e-commerce platform backed by 500 Startups and Gobi, for an undisclosed amount. Read more… Read More
Temasek Holdings and Multiples Alternate Asset Management led a USD192m Series F for Licious, an India-based grocery platform for meat and seafood, with follow-on from 3one4 Capital, Bertelsmann India Investments, Vertex Growth Fund and Vertex Ventures. Read more… Read More
Vantage Capital has reached a USD207m first close for its Vantage Mezzanine Fund IV. The vehicle, which has a target of USD350m, will provide mid-sized African businesses with flexible capital to enhance job creation and facilitate economic opportunities and growth. Read more… Read More
Nuwa Capital and EQ2 Ventures led a USD1.8m pre-Series A for Saudi Arabia-based automotive parts platform Speero, with participation from Jameel Investment Management Company, Impact46, Mountain Partners and Access Bridge Ventures. Read more… Read More
Middle East Venture Partners (MEVP), Global Ventures and Algebra Ventures led a USD7.5m Series B for Egypt-based healthtech Yodawy, with participation from CVentures, P1 Ventures and Athaal Angel Investors Group. Read more… Read More
The Rohatyn Group exited Neosecure, provider of cybersecurity solutions and services with operations in Chile, Argentina, Peru, Colombia and Brazil, via a sale to Patria Investmentos. Terms of the transaction were not disclosed. Read mor… Read More
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