The Asian Development Bank (ADB) has secured USD4b through the sale of a 3-year global bond, the proceeds of which will be used in assisting countries affected by the pandemic in the Asia Pacific region. Read more… Read More
Collective Spark led a USD2m Series A for Turkey-based fintech Mobilexpress, with participation from angel investors including Ali Kolaghassi, Tunç Mehmet Berkman, Deniz Doany, and Careem’s former VP of Growth Emre Tok. Read more… Read More
Central and Eastern Europe-focused private equity fund manager Resource Partners has agreed to sell its majority stake in Poland-based compound feed company Golpasz to Netherlands-based animal feed manufacturer De Heus Animal Nutrition. Read more… Read More
Investcorp led a USD56m Series C for India-based co-living and home rental startup Zolostays, with participation from Nexus Venture Partners, Mirae Asset, and Trifecta Capital. Read more… Read More
The British Petroleum Company (BP) has announced that it will invest USD70m in India’s Green Growth Equity Fund, a vehicle managed by EverSource Capital, a joint venture between private equity firm Everstone Capital and LightSource BP. Read more… Read More
Global Infrastructure Partners (GIP) has closed on a USD110m secured loan investment in Colombia-based greenfield multipurpose port terminal Puerto Antioquia through its credit funds Global Infrastructure Partners Capital Solutions Funds I and II. Read more… Read More
TPG’s The Rise Fund, Engie Rassembleurs d’Energies, and The Singh Family Trusts led a USD2.25m pre-Series A for India-based last-mile distribution startup Frontier Markets Consulting, with participation from Teja Ventures and affiliates of the Beyond Capital Fund. Read more… Read More
Temasek, Pavilion Capital, and Jungle Ventures led a USD58m Series E for Indonesia-based beauty-tech startup Social Bella. Read more… Read More
Sequoia Capital India has secured a combined USD1.35b for its India- and Southeast Asia-focused funds, with USD825m for India Growth Fund III and USD525m for Sequoia India Venture Fund VII. Read more… Read More
B Capital and Insignia Venture Partners led a USD53m Series B for Indonesia-based fintech Payfazz, with participation from new investor BRI Ventures and follow on from Tiger Global Management, Y Combinator, ACE & Company, and Quiet Capital. Read more… Read More
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