Brazil’s Locaweb Acquires Confrapar- and Criatec-Backed Vindi for USD31m
Confrapar and Bozano-managed Criatec II exited Brazilian SaaS company Vindi via a sale to Locaweb for BRL180m (approximately USD31m). Read more… Read More
Sequoia Capital and Faering Lead USD55m Investment in Indian Non-Banking Financial Company Finova
Sequoia Capital India and Faering Capital led a USD55m investment in India-based non-banking financial company Finova Capital. Sequoia and Faering provided USD35m, while the remaining USD20m was supplied by other lenders. Read more… Read More
KKR Launches Renewable Energy Platform in India
KKR has launched Virescent Infrastructure, a newly created platform to acquire renewable energy assets in India. Virescent will focus on investment opportunities that have stable cash flows stemming from long-term contracts with state and central government counterparties across India. Read more… Read More
Climate Fund Managers and Eos Capital Invest USD60m to Develop Namibia-Based Kelp Farm
Climate Fund Managers (CFM) and Eos Capital have announced a partnership between Climate Investor Two (managed by CFM), Kelp Blue, and the Namibia Infrastructure Development and Investment Fund (NIDIF), managed by Eos Capital, for the commercial development of a large-scale kelp farm in Namibia. Read more… Read More
Accel-KKR Reaches USD640m Final Close for Emerging Buyout Partners Fund
Accel-KKR has reached a USD640m final close for its Emerging Buyout Partners Fund, a vehicle targeting investments in software and tech-enabled services companies in emerging markets, with a focus on small-cap companies. Read more… Read More
Axian Commits to DPI ADP III
AXIAN has committed an undisclosed amount to the African Development Partners III (ADP III), a pan-African, consumer-focused fund managed by Development Partners International (DPI). Read more… Read More
Ascent, Investcorp, Investment Corporation of Dubai, DFC, and Allana Group Lead USD121m Series C for Indian E-Commerce Platform FreshToHome
Ascent Capital, Investcorp, the Investment Corporation of Dubai, DFC, and Allana Group led a USD121m Series C for fresh seafood and meat e-commerce platform FreshToHome. Iron Pillar, which led the company’s Series B, contributed USD19m to the round. Read more… Read More
TPG Invests USD221.7m in South Korea’s KakaoBank
TPG invested USD221.7m in South Korea-based Kakao Bank through subscription of new shares.The deal reportedly values the internet bank arm of Kakao Corp at an estimated USD8.3b. Read more… Read More
YF Capital Leads USD315m Series E for Chinese Industrial Products Marketplace ZKH
YF Capital led a USD315m Series E for ZKH Industrial Supply, a China-based distribution platform for industrial products, with participation from China Structural Reform Fund, CIC Capital, and two funds involving Xiamen C&D. Existing investors Genesis Capital, Eastern Bell Capital, Tencent Holdings, Tiger Global Management, Matrix Partners China,… Read More
Astella Investimentos Invests USD1.4m Seed Round for Brazilian Govtech Gove
Astella Investimentos has invested a BRL8m (approximately USD1.4m) seed round for Gove, a Brazilian intelligence platform for managing municipal finance. Read more… Read More
(default archive template)