The Russian-Chinese Investment Fund (RCIF) and Sberinvest have invested RUB1.6b (~USD22m) in Russia-based professional services marketplace Eruditor via a syndicated venture loan. Read more… Read More
Tiger Global led a USD35m round for GoMechanic, an India-based platform for car services and car parts, with follow-on from Sequoia Capital, Orios Venture Partners and Chiratae Ventures. Read more… Read More
Prosus Ventures and KASZEK invested USD40m in 99 minutos, a Mexican last-mile delivery company for e-commerce platforms. Read more… Read More
Orchid Asia has reached a USD1.1b first close for Fund VIII. The vehicle, which has an initial target of USD1.6b, will provide growth capital to companies looking to build franchises in the consumer, technology, education and healthcare sectors in China. Read more… Read More
Primavera Capital Group has agreed to acquire the China infant formula and child nutrition business of UK-based consumer goods maker Reckitt Benckiser Group for an enterprise value of USD2.2b. Read more… Read More
Gemcorp Capital led a USD105m debt financing deal for pan-African mobile network operator Africell, with participation from Helios Investment Partners, Gramercy Funds Management and TC Credit Partners. Read more… Read More
L Catterton Latin American Acquisition, a blank check company formed by L Catterton, has filed with the SEC to raise up to USD200m in an initial public offering. Read more… Read More
SPE Capital has exited its investment in H&S Invest Holding, which operates Morocco-based logistics company Dislog Group, via a sale back to the Belkhayat family. SPE Capital originally invested USD25m in the company in 2019 through SPE AIF I. Read more… Read More
Tiger Global Management, Mubadala Investment Company, Sequoia Capital, Silver Lake and DisruptAD have invested a USD550m Series D for Turkish grocery delivery startup Getir at a reported USD7.5b valuation. Tiger Global and Sequoia led the company’s USD300m Series C in March 2021. Read more… Read More
KV Asia Capital has reached a USD100m first close for its second Southeast Asia PE fund. The vehicle has an initial target of USD300m and will primarily focus on buyouts in Southeast Asia, with an emphasis on Malaysia, Indonesia and Vietnam. Read more… Read More
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