Change Ventures led a EUR2.2m (approximately USD2.5m) seed round for Planet42, an Estonia-based fintech operating in Africa and focused on providing access to the underbanked, with participation from Bolt Co-Founder Martin Villig, Pipedrive Co-Founder Ragnar Sass, MeetFrank Co-Founder Marko Virkebau, Katana Co-Founder and CEO Kristjan Vilosius, and other… Read More
Kaszek Ventures led a BRL110m (approximately USD21m) investment in Brazil-based fintech Remessa Online, with participation from Kevin Efrusy, partner at Accel, and Bewater Ventures. Read more… Read More
India-focused private equity fund manager InvAscent has invested INR700 (approximately USD9.25m) in India-based drug delivery system producer Murli Krishna Pharma through India Life Sciences Fund III. Read more… Read More
Qiming Venture Partners, IDG Capital, and Walden International led a CNY1.1b (approximately USD155m) Series A for China-based AI chip manufacturer Biren Technology, with participation from Gree Venture Capital, Green Pine Capital Partners, V Fund, CDB Equipment Manufacturing Industrial Investment Fund, Meridian Capital, CCI Holdings, Glory Ventures, and others. Read More
BeeNext has reached a USD110m final close for its fourth emerging Asia VC fund. The vehicle will invest in early-stage startups in the e-commerce, fintech, healthtech, agtech, edtech, and AI-enabled technology sectors across India and Southeast Asia. Read more… Read More
The Emerging Africa Infrastructure Fund (EAIF), managed by Ninety One, has invested USD30m in a UK-listed bond issued by HTA Group, a subsidiary of African telecom towers operator Helios Towers, a company backed by Helios Investment Partners. The issue received USD750m in total. Read more… Read More
A consortium of investors led by KKR and including Temasek has invested USD650m in Vietnam-based property developer Vinhomes, the housing development arm of conglomerate Vingroup, for a 6% stake. KKR invested through its Asian Fund III. Read more… Read More
Sentinel Capital Partners has fully acquired Czech lighting products manufacturer Vyrtych for an undisclosed amount. Read more… Read More
Enterprise Investors-backed Anwin has agreed to acquire Polish network of self-service gas stations EMila. Details of the transaction are undisclosed. Read more… Read More
Sequoia Capital India and Point72 Ventures led a USD21m Series A for Singapore-based digital bank Tonik Financial, with participation from existing investors Insignia Venture Partners and Credence Partners. The funding will finance the launch of a digital bank in the Philippines. Read more… Read More
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