TPG Growth led a USD125m Series C for Stelis Biopharma, the biopharmaceutical unit of Mumbai-listed Strides Pharma Science, with participation from Route One, Think Investments and Mankekar Family. Strides also announced that Stelis closed a USD70m Series B, bringing total capital raised across the latest funding rounds to… Read More
Affirma Capital and IFC have partially exited their stakes in India-based automotive component and precision engineering company Craftsman Automation via the company’s INR8.2b (~USD113m) IPO on the NSE and BSE. Affirma and IFC sold 1.55m and 1.4m shares for INR2.32b (~USD32m) and INR2.1b (~USD29m), respectively. Read more… Read More
Patria Acquisition, a SPAC formed by Patria Investimentos targeting Latin American companies, has filed to raise up to USD250m in an IPO on the Nasdaq. Read more… Read More
DILA Capital Acquisition, a SPAC formed by DILA Capital targeting tech-enabled sectors in Latin America, has filed to raise up to USD50m in an IPO on the Nasdaq under the symbol DILAU. Read more… Read More
Homebrew led a USD3.3m round for Higo, a Mexico-based B2B payments company focused on SMEs, with participation from Susa Ventures, Haystack and J Ventures. Read more… Read More
Better Tomorrow, PT Prasetia Dwidharma, 1982 Ventures, Antler and Rally Cap Ventures have invested an undisclosed seed round for Indonesia-based financial API provider Brick. The round also saw participation from angel investors including Shefali Roy (TrueLayer), Kunal Shah (Cred), Reynold Wijaya (Modalku), Quek Siu Rui (Carousell) and the… Read More
CMB International and Tiantu Capital led a USD300m Series C for China-based hot pot ingredients supplier Guoquan Shihui. Read more… Read More
Eximius Ventures has reached a USD10m final close for its maiden fund, a micro VC vehicle targeting early-stage investments in the edtech, healthtech, fintech, gaming, B2B, SaaS and online media sectors in India. Read more… Read More
ADB Ventures, the impact venture arm of the Asian Development Bank, has participated in a USD9.4m Series A for India-based EV manufacturer and fleet operator Euler Motors along with Blume Ventures and Inventus Venture Partners; it also joined a USD4.1m Series A for India-based energy efficiency-as-a-service company Smart… Read More
Valar Ventures led a USD25m Series A for Nigeria-based fintech Kuda, with follow-on from Target Global. Kuda raised a USD10m seed round led by Target Global in November 2020. Read more… Read More
(default archive template)