SoftBank, through its SoftBank Vision Fund 2, agreed to invest USD130m in the form of convertible bonds in Poland-based online footwear and accessories retailer eobuwie. Read more… Read More
RMBV led a USD40m Series A for MaxAB, an Egypt-based B2B grocery provider, with participation from Flourish Ventures, IFC, Crystal Stream, Rise Capital and Endeavour Catalyst, and follow-on from Beco Capital and 4DX Ventures. Read more… Read More
Navis Capital Partners exited Amazon Papyrus Chemicals Group, a Hong Kong-headquartered chemical solutions provider to the pulp and paper industry, via a sale to The Longreach Group for an undisclosed amount. Navis originally acquired a controlling stake in the business in 2014. Read more… Read More
KKR, through its KKR Asia Pacific Infrastructure Fund, acquired Highway Concessions One and seven highway assets in India from Global Infrastructure Partners for an undisclosed amount. Read more… Read More
IFC invested USD50m in Holmarcom Insurance Activities, the insurance services business unit of Morocco-based conglomerate Holmarcom Group, for an undisclosed minority stake. Read more… Read More
Zinnia Global Fund led a USD140m Series D comprising both debt and equity for Furlenco, a subscription-based furniture rental company based in India, with follow-on from CE-Ventures and Lightbox Ventures. Read more… Read More
Affirma Capital agreed to acquire a 50% stake in SeAH ESAB, a South Korea-based manufacturer of welding materials, and a 70% stake in SeAH FS, a global manufacturer of steel tubes with operations in South Korea, China, Thailand, India, Indonesia and Mexico, for USD76.9m. Read more… Read More
Tiger Global Management led a USD42m Series B for FairMoney, a neobank offering consumer credit for Nigerians, with follow-on from DST Global, Flourish Ventures, Newfund and Speedinvest. Read more… Read More
IFC, Ninety One’s EAIF, the African Development Bank (AfDB) and the Development Bank of South Africa provided EUR178m (~USD211m) in financing to develop the Kinguélé Aval hydroelectric dam in Gabon. Read more… Read More
Swedish gaming giant MTG (Modern Times Group) acquired India-based gaming platform PlaySimple for ~USD360m, providing an exit for investors including Chiratae Ventures and Elevation Capital. Read more… Read More
(default archive template)