Coatue Management led a USD100m Series D for India-based edtech Vedantu, with participation from existing investors Tiger Global, GGV Capital, Westbridge, and Omidyar Network. Read more… Read More
Wavemaker Partners has reached a USD111m final close for its third Southeast Asia fund, exceeding its initial target of USD100m. The vehicle will invest in early-stage enterprise and deep tech startups. Read more… Read More
Produtec, a company backed by Pátria Investimentos, has agreed to acquire Brazil-based agribusiness Integra for an undisclosed amount. Read more… Read More
Google has agreed to invest USD4.5b in India-based telecommunications and technology company Jio Platforms, a subsidiary of Indian conglomerate Reliance Industries, for a 7.7% stake. Read more… Read More
San Francisco Employees’ Retirement System has committed USD75m to SSG Secured Lending Opportunities III, a fund managed by Asia-focused credit and special situations investor SSG Capital Management. The vehicle will focus on lending opportunities in the Asia Pacific region. Read more… Read More
SVB Financial Group has announced the close of its growth debt fund (Latin America Growth Lending Fund) at USD30m. The vehicle, which was established in partnership with Partners for Growth and IDB Invest, will provide structured debt to late-stage companies in sectors such as software, technology, life sciences,… Read More
Hillhouse Capital has agreed to invest USD310m in Shanghai-listed drug maker Joincare Pharmaceutical Group Industry through a private placement for an 8% stake. Read more… Read More
Walmart led a USD1.2b investment in India-based e-commerce company Flipkart, with participation from existing shareholders. Walmart first invested in Flipkart in 2018, when it acquired a 77% stake for USD16b. Read more… Read More
Google has announced the launch of a INR750b (approximately USD10b) fund to make equity, operational, infrastructure, and ecosystem investments that accelerate the pace of digitization in India. Read more… Read More
ASMA Invest has committed an undisclosed amount in SEAF Morocco Growth Fund. The vehicle, which was created as part of the InnovInvest Fund program managed by the Caisse Centrale de Garantie, invests in innovative startups and SMEs with high growth potential in Morocco. Read more… Read More
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