Patria Investimentos and Leblon Equities have acquired an 18% stake in Brazil-based insurance company Alper (formerly known as BR Insurance) from businessman Marcelo Lima. Read more… Read More
Mekong Capital and Granite Oak have made a USD6m follow-on investment in Vietnam-based consumer lending platform F88. Read more… Read More
Gaw Capital and SoftBank Ventures Asia led a USD25m Series A for Vietnam-based proptech Propzy, with participation from Next Billion Ventures, RHL Ventures, Breeze, FEBE Ventures, RSquare, and Insignia. Read more… Read More
Ethos Private Equity and Proparco have invested USD22m in Turaco, a holding company managed by 54 Capital PE Advisors, which holds a portfolio of fast-moving consumer goods assets in Ethiopia. Read more… Read More
Saudi Arabia-based Wa’ed Ventures, the venture capital arm of Saudi Aramco Entrepreneurship Center, and technology-focused VC BECO Capital led a USD25m investment in Sharia-compliant robo-advisory platform Wahed, with participation from Cue Ball Capital, Dubai Cultiv8, and family offices in the GCC. Read more… Read More
CVC Capital has acquired a 29.16% stake in India-based cancer care center operator HealthCare Global Enterprises (HCG) for INR6.5b (approximately USD86.5m). In a bid to obtain majority control, CVC has also made an open offer to acquire up to 26% of the company held by public shareholders for… Read More
Africa Frontier Capital and d.light have established Brighter Life Kenya 1 (BLK1), a USD65m financing facility. BLK1 has been structured to provide d.light Kenya with local currency financing over a two year commitment period. Part of BLK1 is financed by a USD20m senior debt commitment from US International… Read More
Baring Private Equity Asia has offered to invest up to INR31.9b (approximately USD423m) to take India-based IT service provider Hexaware Technologies private. Baring PE Asia already holds a majority stake in the company and is willing to acquire the remaining 37.6% through the purchase of 112,000,000 shares at… Read More
Elevator Ventures, Speedinvest, and Raiffeisen Bank International’s corporate venture fund have made a USD1.5m seed investment in Russia-based agtech Agro.Club. Read more… Read More
ZWC Partners and Golden Gate Ventures led an undisclosed funding round for GoPlay, the streaming video platform of Indonesia-based ride-hailing company Gojek, with participation from Openspace Ventures, Ideosource Entertainment, and Redbadge Pacific. Read more… Read More
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