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
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
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