IMM Private Equity has agreed to exit its nearly 94% stake in South Korea-based specialty coffee chain Hollys Coffee via a sale to South Korean conglomerate KG Group for USD124m. Read more… Read More
Facebook co-founder Eduardo Saverin’s investment arm EE Capital, Lionrock Capital, Rise Capital, RPG Ventures, and IIFL Seed Ventures Fund have invested a USD25m Series D for India- and US-based fashion brand for kids Hopscotch. Read more… Read More
Existing investors SAIF Partners, Twitter, Lightspeed Venture Partners, and India Quotient, and new investors Hero MotoCorp chairman Pawan Munjal and DCM Shriram chairman Ajay Shridhar Shriram have invested a USD40m pre-Series E for India-based social media startup ShareChat. Read more… Read More
The Carlyle Group partially exited Peru-based security company Liderman via a secondary offering on the Peruvian stock exchange, picked up by Liderman management. Read more… Read More
GEF Capital Partners has acquired a 60% stake in Brazil-based specialty fertilizer manufacturer and distributor Café Brasil for BRL90m (approximately USD11m). Read more… Read More
Actis has agreed to acquire a 75% stake in a new joint venture with GS E&C, the construction arm of South Korean conglomerate GS Group. The JV will be focused on developing and operating a USD315m internet data center in Seoul, South Korea. Read more… Read More
Iron Pillar led a USD23m Series C for India-based device lifecycle management platform Servify, with participation from new investors Sparkle Fund, 57 Stars, SF Roofdesk Capital, Go Ventures, and MadhuKela Family Office, and follow-on from existing investors Tetrao SPF, Trifecta Capital, Blume Ventures, and Beenext. Read more… Read More
Valor Capital Group led a BRL25m (approximately USD4.6m) Series A for Brazilian SME-focused fintech Quasar Flash. Read more… Read More
KKR has agreed to invest INR55.5b (approximately USD755m) in Reliance Retail Ventures, the retail unit of Indian conglomerate Reliance Industries, for a 1.28% stake. The investment reportedly brings Reliance Retail Ventures’ pre-money valuation to INR4.21t (approximately USD57b). In May 2020, KKR also invested USD1.5b in Reliance Industries’ Jio… Read More
A consortium of investors including ARCH Emerging Markets Partners, CDC Group, FMO, Norfund, ResponsAbility, SIMA Funds, Symbiotics, and Global Partnerships have invested USD90m debt and equity in Greenlight Planet, a solar-powered home energy products provider active in sub-Saharan Africa and South Asia. Read more… Read More
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