Alphabet’s CapitalG led a USD27.5m Series E for India-based microlender Aye Finance, with participation from LGT Lightstone, Falcon Edge, MAJ Invest, and A91 partners. Read more… Read More
Vinci Partners-backed Vero Internet has acquired Brazil-based internet provider MKA Telecom for an undisclosed amount. Read more… Read More
Convergent Finance has invested USD14.1m in Jyoti International Foods, an India-based supply chain solutions provider for the food service industry, for a significant minority stake. Read more… Read More
A consortium of investors including Ontario Teachers’ Pension Plan Board (OTPP), Singaporean sovereign wealth fund GIC, Global Infrastructure Partners (GIP), Brookfield Asset Management, NH Investments & Securities, and Italy’s Snam have agreed to invest in select Abu Dhabi National Oil Company (ADNOC) gas pipeline assets valued at USD20.7b. Read More
Lead Ventures has invested USD20m in Hungary-based automated driving software developer AImotive, with participation from Szechenyi Venture Fund and follow-on from Robert Bosch Venture Capital, B Capital Group, Prime Ventures, Inventure, Samsung Catalyst Fund, and Draper Associates. Read more… Read More
SCB 10x, a subsidiary of Siam Commercial Bank, and Sparx Group, through its Mirai Creation Fund II, led a USD80m Series C for Thailand-based fintech Synqa (formerly known as Omise Holdings), with participation from Toyota Financial Services, Sumitomo Mitsui Banking Corporation, SMBC Venture Capital, Aioi Nissay Dowa Insurance,… Read More
Nepal-focused Dolma Impact Fund has invested USD1m in Nepal-based e-commerce startup Sastodeal. Read more… Read More
Financial Services Capital led a EUR2m (approximately USD2.2m) Series B for Hungary-based fintech Barion Payment. Read more… Read More
The Carlyle Group has agreed to invest USD198m in Korea-based financial services conglomerate KB Financial through Carlyle Asia Partners V. Per the agreement, the two companies will also work together on the restructuring and financing of Carlyle’s investments in South Korea. Read more… Read More
Ascendent Capital Partners has agreed to fully exit China-based dairy producer Ningxia Harmony Dairy Development via a sale to majority shareholder New Hopy Dairy. The deal, expected to close by Q42020, will reportedly see Ascendent receive USD109m for its stake. Read more… Read More
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