Mouro Capital led a USD16m Series A for Nowports, a Mexico-based automated freight platform, with participation from Foundation Capital, InvestoVC and angel investors Ricardo Weder (Jüsto), Carlos Salinas (Luuna) and Justin Mateen (Tinder), and follow-on from monashees, Base10 Partners, Broadhaven Ventures and Y Combinator. Read more… Read More
Trifecta Capital invested a INR1b (~USD13.5m) debt round for India-based auto resale marketplace Cars24. Read more… Read More
Movile invested ~USD34m in Zoop, a Brazil-based white label fintech platform for startups and SMEs. Movile led a ~USD12m round in 2020 and a USD18.3m round in 2019. Read more… Read More
Index Ventures and Makers Fund led a USD155m Series B for Turkey-based mobile gaming startup Dream Games, with participation from Balderton Capital, IVP and Kora. Dream Games raised a USD50m Series A in March 2021. Read more… Read More
China-based ride-hailing company Didi Chuxing raised USD4.4b in its US IPO. SoftBank, Uber and Tencent are Didi’s primary shareholders. Read more… Read More
Tiger Global Management and Indian food delivery giant Zomato agreed to invest USD120m in India-based online grocery delivery platform Grofers at a reported valuation of USD1b+. Read more… Read More
Investisseurs & Partenaires (I&P) led a USD7.9m Series A for Ghana-based fintech Zeepay, with participation from ARK Holdings and follow-on from GOODsoil VC. Read more… Read More
Insitor Partners led an undisclosed seed round for Pakistan-based fintech CreditFix. This is Insitor Partners’ first investment in Pakistan. Read more… Read More
Actis signed a joint venture agreement with Vietnam-based environmentally friendly plastic producer An Phat Holdings. As part of the agreement, Actis will invest USD20m in An Phat Complex, a subsidiary of An Phat Holdings, to support the development of An Phat 1 Industrial Park. Read more… Read More
Tencent made a ~USD40m debt investment in Gaana, an India-based music streaming platform. Tencent first invested in 2018. Read more… Read More
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