SoftBank, through its Vision Fund II, led a USD100m Series C for Biofourmis, a US-based AI and digital therapeutics startup originally founded in Singapore, with participation from returning investors Openspace Ventures, MassMutual Ventures, Sequoia Capital, and EDBI. Read more… Read More
PAG has agreed to provide USD137m in debt to India-based Edelweiss Financial Services via redeemable non-convertible debentures. PAG recently acquired a 51% stake in Edelweiss Wealth Management. Read more… Read More
SoftBank, through its Vision Fund II, led a USD150m Series F for India-based edtech Unacademy at a USD1.45b valuation, with participation from existing investors Facebook, Blume Ventures, Nexus Partners, General Atlantic, and Sequoia Capital. Read more… Read More
General Atlantic led a USD300m Series C in Brazil-based fintech Neon Pagamentos, with participation from BlackRock, Vulcan Capital, PayPal Ventures, Endeavor Catalyst, and BBVA, and follow-on from monashees and Flourish Ventures. Read more… Read More
Ontario Teachers’ Pension Plan Board (OTPP) has agreed to invest USD350m in Edelweiss Alternate Asset Advisors, the alternative investment platform of the Edelweiss Group, as part of a long-term partnership which will focus on performing and distressed credit investment opportunities in India. Read more… Read More
A consortium of investors led by Apollo Global Management has agreed to acquire a 49% stake in UAE-based Abu Dhabi Property Leasing Holding Company, a wholly owned affiliate of ADNOC, for USD2.7b as part of a deal valued at USD5.5b. The transaction is expected to close by the… Read More
BTG Pactual, Turin MFO, and ENFINI Investments led a BRL115m (approximately USD21m) investment in Brazil-based foodtech Fazenda Futuro, with participation from existing investors monashees and Go4it Capital. Read more… Read More
Google and Lightstone Fund led a USD28m Series E for India-based hyperlocal delivery startup Dunzo. Read more… Read More
Partners Group has sold 2.56m shares, or a 3.27% stake, in India-based lender Aavas Financiers for INR3.61b (approximately USD49m). Partners Group retains a 20.64% stake in the company. This is the second partial divestment for Partners Group from Aavas after selling part of its stake via the company’s… Read More
XSML has reached a USD54m first close for Capital African Rivers Fund III. The vehicle targets investments in SMEs in Central and Eastern Africa. Read more… Read More
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