Cepheus Growth Invests in Ethiopia’s JP Textile
Cepheus Growth Capital Partners has invested an undisclosed amount for a significant minority stake in Ethiopia-based textile company JP Textile. Read more… Read More
Cepheus Growth Capital Partners has invested an undisclosed amount for a significant minority stake in Ethiopia-based textile company JP Textile. Read more… Read More
KGAL Investment Management has acquired a 27 MW wind farm in Poland. As a result of this transaction, KGAL’s Polish wind energy portfolio has increased to 75 MW. Read more… Read More
Vietnam-based tech firm FPT Corporation has acquired a majority stake in enterprise software company Base.vn for an undisclosed amount, facilitating an exit for all VC investors in the company including 500 Startups, Alpha JWC Ventures, Beenext and Nextrans. Read more… Read More
True North and others have exited their combined 44.14% stake in India-based ridesharing company Meru Travel Solutions via a sale to automotive giant Mahindra & Mahindra for INR760.3m (~USD10.2m). Mahindra will also acquire a 12.66% stake from Neeraj Gupta and Farhat Gupta for INR216.3m (~USD2.9m), increasing its stake… Read More
Atlantico led a BRL110m (~USD20.2m) Series B for Brazil-based D2C cosmetics brand Sallve, with participation from Red Swan and Endeavor Catalyst and follow-on from Astella Investimentos, Canary, Waldencast and KASZEK. Read more… Read More
Motilal Oswal Private Equity, through its India Business Excellence Fund III, has acquired a minority stake in India-based Fincare Small Finance Bank for USD25m through a secondary deal, facilitating a partial exit for True North. Read more… Read More
Brazil-based cashback platform Méliuz has acquired Acesso Bank, a Brazilian fintech backed by InvestTech, in a BRL324m (USD59.5m) all-stock deal. Read more… Read More
Women’s World Banking Capital Partners II and MDI Ventures led a USD28m round for Indonesia-based peer-to-peer fintech Amartha, with follow-on from Mandiri Capital Indonesia and UOB Venture Management. Read more… Read More
Existing investors CPP Investments and Alberta Investment Management Corporation (AIMCo) have agreed to invest an additional BRL1.7b (~USD318m) and BRL500m (~USD93m), respectively, in Igua Saneamento, a Brazil-based water and sewage service holding company backed by IG4 Capital, to fund a new concession. Read more… Read More
MAIF Avenir and Silicon Badia led a USD20m round for Tunisia-based B2B expense management solutions provider Expensya, with follow-on from ISAI and Seventure Partners. Read more… Read More
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