XP and Atmos Capital Invest ~USD50m in Brazil’s Will Bank
XP Private Equity and Atmos Capital invested BRL250m (~USD50m) for a minority stake in Brazil-based digital bank Will Bank. Read more… Read More
XP Private Equity and Atmos Capital invested BRL250m (~USD50m) for a minority stake in Brazil-based digital bank Will Bank. Read more… Read More
Tiger Global Management led a INR7.7b (~USD103m) Series D for India-based auto resale marketplace Spinny, with participation from Avenir Growth, Kaiser Foundation, Kaiser Permanente, General Catalyst and FJ Labs. Read more… Read More
Aspex Management, DST Global, Sequoia Capital China and Hillhouse Capital led a USD200m Series F for South Korea-based online grocery delivery startup Kurly, with participation from Millennium Management and CJ Logistics Corporation, at a reported USD2.2b valuation. Read more… Read More
Baring Private Equity Asia exited South Korea-based parcel delivery firm Logen via a sale to South Korea-based fashion mall operator Dae Myung Chemical for KRW340b (~USD300m). Read more… Read More
Temasek and Warburg Pincus invested a USD500m pre-IPO round for Indian ride-hailing company Ola. Read more… Read More
Acon Investments, through its Latin America Opportunities Fund IV, completed the sale of Brazil-based high speed internet service providers Conexão Group to Grain Management. Terms of the transaction were not disclosed. Read more… Read More
BlackRock reached a USD250m first close for its Climate Finance Partnership, a blended finance vehicle targeting climate infrastructure investments across emerging markets. Read more… Read More
Lightrock reached a USD900m final close for its Lightrock Growth Fund I. The vehicle will invest growth capital (predominantly at Series B or C) in Europe, Latin America and India. Read more… Read More
EQT Ventures led a USD7.9m seed round for Single.Earth, an Estonia-based tokenization platform for forests, wetlands and other planetary resources to generate profit for landowners by selling them as carbon and biodiversity credits, with follow-on from Icebreaker.vc. Read more… Read More
India-based online pharmacy PharmEasy raised a USD500m Series F from Think Investments, TPG Growth, Temasek, B Capital, Prosus Ventures, Orios Venture Partners and Kotak Private Equity Fund at a reported USD4b valuation. TPG Growth and Prosus Ventures led the company’s USD350m Series E in April 2021. Read more… Read More
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