Phatisa has reached a USD143m final close for Phatisa Food Fund 2 following a USD82m joint commitment from CDC Group, Norfund, Finnfund, FinDev Canada, and BIO. The vehicle will invest in the food value chain across Sub-Saharan Africa. Read more… Read More
Composite Capital and Moore Strategic Ventures led a USD95m Series D for India-based gaming platform Mobile Premier League (MPL), with participation from Base Partners, TRP Global, SIG, Go-Ventures, Telstra Ventures, Founders Circle, and Play Ventures. The latest round brings the company’s valuation to USD945m. Read more… Read More
CDC Group, alongside Africa Platform Capital and the family office of (Cinven co-founder) Simon Rowlands, has invested USD100m in Egypt-based diagnostics and medical care company Alfa Medical Group. Read more… Read More
Greenoaks Capital and Lightspeed Venture Partners led a USD120m Series D for India-based B2B manufacturing services marketplace Zetwerk, with participation from Sequoia Capital India and Kae Capital. Read more… Read More
Valor Capital Group led a USD19m Series A for Rocket.Chat, a Brazil-based enterprise communication and collaboration platform, with participation from e.ventures, Greycroft, Graphene Ventures, monashees, NEA, ONEVC, and DFG. Read more… Read More
Monk’s Hill Ventures led a USD5m Series A for Bot MD, a Singapore-based AI clinical assistant for doctors, with participation from SeaX, XA Network, and SGInnovate. Read more… Read More
Sweden-based gaming studio Stillfront has agreed to acquire India-based mobile games developer Moonfrog Labs, facilitating an exit for Tiger Global Management and Sequoia Capital India. The acquisition will be a staged process, with the first tranche seeing Stillfront acquire 91% of the company for USD90m. Read more… Read More
Ruya Partners has agreed to provide USD25m in debt financing to Starzplay, a UAE-based, on-demand video streaming service platform. Read more… Read More
Brown Advisory has made a minority investment in CrossBoundary Group as part of a newly announced strategic partnership between the two firms. Read more… Read More
Lilly Asia Ventures has reached a USD1.35b final close for its latest health care fund, with USD900m raised for the main pool and an additional USD450m raised for an opportunity vehicle that sits alongside the main fund. Read more… Read More
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