HIMangel led a USD0.86m pre-Series A for Egypt-based teleradiology platform Rology, with participation from Dubai Angel Investors, The Asia Africa Investment & Consulting (AAIC), and Athaal Group. Read more… Read More
Sinergi Burkina, an SME-focused impact investment fund sponsored by Investisseurs & Partenaires, has provided seed funding to five companies in Burkina Faso, namely: Maïa, an anti-malaria ointment developer; Bioprotect, an organic inputs producer and marketer; Prince Dessuti International, a textile company; Monsalon, a carpentry and interior decoration company;… Read More
ADV Partners has sold a 10.46% stake in India-based heating and ventilation equipment manufacturer Amber Enterprises for INR6.04b (approximately USD82m) through open market transactions. Before the transaction, ADV Partners held 20.9% shares of the company. Read more… Read More
PAG has agreed to invest USD300m in China-based online consumer finance platform LexinFintech via a private placement of convertible notes. Read more… Read More
Advent International has agreed to sell its stake in Brazil-based digital investment platform Easynvest to Brazilian fintech Nubank. As part of the agreement, Advent and other shareholders of Easynvest have also agreed to become investors in Nubank. Read more… Read More
China Renaissance has reached a USD600m final close for Huaxing Growth Capital III, its third US-denominated fund targeting investments in growth stage companies across the new economy sectors in China. Read more… Read More
Sequoia Capital China, Matrix Partners China, Co-Stone Capital, and the VC arm of Country Garden led a USD175m Series C extension for China-based commercial rocket developer Landspace, with participation from China Small Medium Enterprises Development Fund, Lightspeed China Partners, Gopher Asset Management, and an investment arm of Hong… Read More
Y Combinator Continuity Fund led a USD30m Series C for India-based wealth management platform Groww, with participation from existing investors Sequoia Capital, Ribbit Capital, and Propel Venture Partners. Read more… Read More
Tiger Global has invested INR7.6b (approximately USD102.5m) in the ongoing Series J for India-based food delivery startup Zomato at a valuation of USD3.4b. Read more… Read More
Vinci Partners has acquired a minority stake in Brazil-based digital bank Agibank for BRL400m (approximately USD75m). Read more… Read More
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