SoftBank Ventures Asia led a USD28m Series B for Indonesia-based hyperlocal social commerce startup Super, with participation from DST Global and TNB Aura and follow-on from Amasia, Insignia Ventures Partners, Y Combinator Continuity Fund and Stephen Pagliuca (Bain Capital). Read more… Read More
GIC led a BRL300m (~USD55m) Series C for Brazil-based fintech Warren, with follow-on from Ribbit Capital, KASZEK, Chromo Invest, QED Investors, Meli Fund and Quartz. Read more… Read More
CarVal Investors has provided USD150m in financing to Mexico-based ultra low-cost airline Viva Aerobus. Read more… Read More
Temasek has invested USD120m in UpGrad, an India-based edtech offering online courses in the higher education space. Read more… Read More
CITIC Capital has made an undisclosed investment in Yifei Group, a China-based online business service provider in the beauty and personal care sector, via its third CNY-denominated fund. Read more… Read More
GLP has reached a CNY5.8b (USD900m) final close for its China Income Fund II, a China-focused logistics vehicle. Read more… Read More
SoftBank, through its SoftBank Latin America Fund, has agreed to invest BRL822m (USD150m) in Brazil-based medical education group Afya through the purchase of convertible preferred shares. Existing backers Crescera Capital and the Esteves Family have also agreed to sell ~2.2 million common shares to SoftBank. Read more… Read More
Prosus Ventures led a USD190m investment for India-based home and beauty services platform Urban Company, with participation from DF International and Wellington Management, at a reported ~USD2b valuation. Read more… Read More
CDC Group and AddVentures led a USD51m Series C comprising a mix of debt and equity for Bizongo, an India-based B2B marketplace for packaging materials, with participation from Schroder Adveq and Bruno Raschle and follow-on from Accel, Chiratae Ventures and IFC. Stride Ventures, Trifecta Capital, TradeCred and IDFC… Read More
Modus Capital led an undisclosed Series A for UAE-based fintech Trade Capital Partners, with participation from the Eldaba Family Office and local angel investors. Read more… Read More
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