Ribbit Capital led a USD65m Series A extension for Indonesia-based investment app Ajaib, with participation from Y Combinator Continuity, ICONIQ Capital and Bangkok Bank PLC and follow-on from Horizons Ventures, SoftBank Ventures Asia, Alpha JWC and Insignia Ventures. David Velez (Nubank) and SG Lee (Toss) also participated in… Read More
Sequoia Capital and existing investor Tiger Global Management led a USD300m Series C for Turkey-based grocery delivery platform Getir at a reported USD2.6b valuation. Crankstart Investments and Base Partners led the company’s USD128m Series B in January 2021. Read more… Read More
Existing investors Matrix China, BA Capital, CITIC Agricultural Fund and Maison Capital have invested a CNY800m (~USD122m) Series B for China-based yogurt brand Simple Love (also known as Jian’Ai), with participation from Sequoia Capital China, Yunfeng Capital, Proterra Investment Partners and DCP Investments. Read more… Read More
Technology Crossover Ventures (TCV), D1 Capital Partners and Falcon Edge Capital led a USD400m investment in Dream Sports, the India-based owner of online fantasy sports app Dream11, at a reported USD5b valuation. The round facilitated an exit for Kalaari Capital and Multiples Alternate Asset Management and saw participation… Read More
Wise Road Capital has agreed to acquire South Korea-based chip maker Magnachip Semiconductor Corporation through a take-private deal valued at USD1.4b. Read more… Read More
Horizon Capital has sold its minority stake in Ukraine-based private healthcare provider Dobrobrut to existing shareholders Concorde Capital and the company’s CEO for an undisclosed amount. Horizon invested in Dobrobrut through its Emerging Europe Growth Fund III in April 2019. Read more… Read More
Sequoia Capital India has reached a USD195m final close for its second seed fund targeting investments in startups in India and Southeast Asia. Read more… Read More
China Merchants Bank International and Mirae Asset Financial Group led a USD120m Series C for EpimAb Biotherapeutics, a China-based developer of bispecific antibodies, with participation from Hony Capital, Cormorant Asset Management, Yanchuang Capital, Octagon Capital, ShangBay Capital and Adrian Cheng (New World Development) and follow-on from Decheng Capital,… Read More
Monk’s Hill Ventures led a USD1.5m pre-Series A for UI-licious, a Singapore-based startup that simplifies automated user interface testing for web applications. Read more… Read More
Mercado Libre, Globant, Riverwood Capital and existing investor KaszeK Ventures have invested a USD50m round for Argentina-based edtech Digital House. Read more… Read More
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