The Takatso consortium, which includes Harith General Partners and Global Airways, has agreed to acquire a 51% stake in South African Airways from the South African government for up to ZAR3b (~USD221m). Read more… Read More
Lightrock led a BRL700m (~USD138.6m) Series C for Buser, a Brazil-based bus ticketing platform, with participation from Iporanga Ventures and follow-on from SoftBank, monashees, Valor Capital Group, Globo Ventures and Canary. Read more… Read More
SIG and Openspace Ventures led an undisclosed Series B for Kumu, a live streaming app based in the Philippines, with participation from Gentree Fund and Endeavor Catalyst Fund, and follow-on from Summit Media, Kickstart Ventures, Foxmont Capital Partners and Gobi-Core Philippine Fund. Read more… Read More
DFC has committed up to USD30m to Openspace Ventures Plus, a vehicle managed by Openspace Ventures. The fund has an initial target of USD200m and will focus on mid- and later-stage venture investments in the technology sector across Southeast Asia. Read more… Read More
A consortium of investors led by the Carlyle Group and TPG led a KRW140b (~USD126m) investment in South Korea-based transportation firm Kakao Mobility. Read more… Read More
H Capital led a USD300m round for China-based car trading platform Chehaoduo, with follow-on from Sequoia Capital China and IDG Capital. Read more… Read More
China Youran Dairy Group, a China-based upstream dairy company backed by PAG, has raised USD643m in its HKEX IPO. Read more… Read More
Saudi Arabia’s PIF has made an anchor investment in Aberdeen Standard Investcorp Infrastructure Partners. The vehicle was set up by Investcorp and Aberdeen Standard Investments and plans to invest in core infrastructure projects in the GCC and the wider MENA region. PIF has committed up to 20% of the total… Read More
Valar Ventures and Goodwater Capital led a USD60m Series A for BukuWarung, an Indonesia-based fintech for MSMEs. Read more… Read More
TPG led a USD80m Series D+ for Zenoti, an India-based software provider for the spa and wellness industry, at a reported USD1.5b valuation. Advent International led the company’s USD160m Series D in December 2020. Read more… Read More
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