Abris Capital Partners, through its Abris CEE Mid-Market III fund, has acquired 100% of Poland-based health care network operator Scanmed from Life Healthcare Group for an undisclosed amount. The transaction is subject to regulatory approvals and is expected to close in Q1 2021. Read more… Read More
Matrix Partners China and Efung Capital led a CNY890m (approximately USD135m) Series E for Beijing Biostar Technologies, a China-based developer of anti-tumor, small-molecule chemical drugs, with participation from CCB International Capital, Sinopharma-CICC Capital, Tianjin Venture Capital Management, and Chengdu Tianfu International Bio-Town Investment & Development. Read more… Read More
XP Private Equity has acquired a minority stake in Brazil-based digital skincare and make-up brand Beyoung for BRL140m (approximately USD26m). Read more… Read More
Apis Partners led a USD35m Series B for India-based digital payment services provider Cashfree, with participation from Smilegate Investment and Y Combinator. Read more… Read More
Tiger Global Management and Dragoneer Investment Group have reportedly invested an estimated USD75-100m in India-based edtech Unacademy at a reported USD2b valuation. Read more… Read More
BRI Ventures has reached a USD10.6m first close for Sembrani Nusantara, a tech venture fund focused on early-stage investments in MSMEs operating in the education, agro-maritime, retail, transportation, and health care sectors in Indonesia. Read more… Read More
Ventureast and Eight Roads Ventures have sold their majority stake in India-based biotechnology firm Richcore Lifesciences to Eight Roads-backed Laurus Labs for INR2.47b (approximately USD33m). Read more… Read More
Fidelity International, SoftBank Vision Fund, and Sequoia Capital China led a USD1.7b investment in Manbang Group, a logistics firm specializing in truck-hailing solutions. Hillhouse Capital, GGV Capital, YF Capital, Tencent, Baillie Gifford, Lightspeed China Partners, All-Stars Investment, Xiang He Capital, and CMC re-upped. Read more… Read More
Digital Colony-backed Highline do Brasil has agreed to acquire Phoenix Tower do Brasil, a Brazil-based telecommunications infrastructure provider, from Blackstone. Equity financing for the transaction was provided by Digital Colony. Details of the transaction were not disclosed. Read more… Read More
H.I.G. Capital has acquired Brazil-based internet service provider Desktop Sigmanet. Read more… Read More
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