Altos Ventures, IMM Investment, and Axiom Asia have invested KRW43.2b (approximately USD36m) in MyRealTrip, a South Korea-based travel app that positions itself as a one-stop-shop for travel bookings. Read more… Read More
Pátria Investimentos-backed Lavoro Agrocomercial has acquired Brazil-based agribusiness Qualicitrus for an undisclosed amount. Read more… Read More
Foundation Holdings led a INR3.5b (approximately USD46.8m) Series D for India-based edtech Toppr, with participation from existing investor Kaizen Private Equity. Read more… Read More
Permira has acquired a 60% stake in the China- and Indonesia-focused EF Kids & Teens unit of Switzerland-headquartered education company EF Education First. The deal values EF Kids & Teens at USD1.5b. Read more… Read More
Existing backers including EV Growth, a joint venture between Sinar Mas and East Ventures, and unnamed investors have invested USD250m in Indonesia-based online travel platform Traveloka. Read more… Read More
Barn Investments led an undisclosed investment round for Origem, a Brazil-based electric motorcycle company operating a B2B model. Read more… Read More
China-based Sherpa Healthcare Partners has reached a final close for US-denominated Sherpa Healthcare Fund I. The vehicle, which targeted USD200m, was oversubscribed and will invest in biopharma, gene technology, medtech, and medical services in China. The Oregon Public Employees Retirement System (PERS) recently committed USD100m to the fund. Read More
Brookfield has agreed to acquire a 1,000 MW solar complex in Brazil from Spanish multinational Solatio for BRL3b (approximately USD559m). This investment is part of Brookfield’s plan to invest between BRL4b (~USD745m) and BRL4.5b (~USD838.5m) to raise its solar energy capacity in the country. Read more… Read More
Square Peg led a USD16m Series C for Singapore-based digital wealth management platform StashAway, with participation from Burda Principal Investments and Eight Roads Ventures. Read more… Read More
Arc Labs has invested USD25m in debt financing in Mexico-based proptech Flat.mx, a real estate ibuyer currently part of Y Combinator’s Summer 2020 accelerator program. Read more… Read More
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