Anghami, a Lebanon-based music streaming platform backed by Samena Capital, MEVP, and Endeavor Catalyst, is going to list on the Nasdaq via a merger with Vistas Media Acquisition Company, a SPAC backed by SHUAA Capital and Vistas Media Capital Singapore which raised USD100m in its IPO on the… Read More
Asia Partners has reached a USD384m final close for Asia Partners I, its debut technology fund focused on Southeast Asia. Read more… Read More
OrbiMed has reached a USD800m final close for its latest Asia life sciences fund. The vehicle will target venture through growth-stage investments in biotechnology, pharmaceuticals, medical devices, diagnostics and healthcare services in China and India. Read more… Read More
True North, alongside other angel and individual investors, has partially exited its stake in PolicyBazaar, an India-based online insurance aggregator, via a secondary sale of shares worth USD45m. Read more… Read More
Accel Partners led a USD64.6m Series B for Xendit, an Indonesia-based digital payments infrastructure startup focused on Southeast Asia, with participation from Y Combinator. Read more… Read More
Partech led a USD230m round for Czech Republic-based food delivery startup Rohlik, with participation from Index Ventures, Quadrille Capital, RBRD, J&T Bank and R2G, with follow-on from Enern. Read more… Read More
Caisse de dépôt et placement du Québec (CDPQ) and Telefónica Group have entered into an agreement for the construction, development and operation of FiBrasil Infraestrutura e Fibra Ótica (FiBrasil), an independent optical fiber network in Brazil. As part of the agreement, CDPQ has agreed to invest up to… Read More
Singapore-based e-commerce giant Sea Group is allocating USD1b to Sea Capital, a new subsidiary that will invest in other tech firms. This follows Sea’s acquisition of Hong Kong-based Composite Capital Management. Composite founder David Ma, previously at Hillhouse Capital, will lead the unit. Read more… Read More
India Quotient, Omnivore, Accion Venture Lab, BlackBuck co-founder Rajesh Yabaji and Swiggy co-founder Rahul Jaimini have invested over USD2m in India-based BRB agricultural inputs marketplace AGRIM. Read more… Read More
Indus Valley Capital has reached a USD17.5m final close for its debut fund targeting early-stage tech opportunities in Pakistan. Read more… Read More
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