Jahez, a food delivery app backed by Impact46, agreed to acquire a 100% stake in The Chefz, a Saudi Arabia-based dessert delivery platform for SAR650m (~USD173m). Read more… Read More
Quona Capital and FinTech Collective led a USD3m seed round for Orda, a Nigeria-based provider of software solutions for small and medium-sized restaurants, with participation from Outside VC and Far Out Ventures, and follow-on from LoftyInc Capital, Enza Capital and Norrsken Foundation. Read more… Read More
Iterative Capital reached a USD55m final close for its second fund focused on early-stage Southeast Asian startups. Investors include Cendana, K5 Global, Village Global and Goodwater Capital, as well as Arash Ferdowsi (Dropbox), Achmad Zaky (Bukalapak), David Shim (Foursquare), Kum Hong Siew (Airbnb Asia) and others. Read More
Kotak Special Situations agreed to invest INR5.5b (~USD67m) in non-convertible debentures in Sanghi Industries Group, an India-listed cement manufacturer. Read more… Read More
Chaos Investment led a ~USD100m Series B for FreeTech, a China-based assisted driving system developer, with participation from Hengxu Capital, BAIC Capital, TCL, Shaanxi Automobile Group, Sun Life-Everbright and Aopeng Investment. Read more… Read More
SAIC Goldstone led a ~CNY1b (~USD139m) Series B+ for SemiDrive, a provider of China-based automotive-grade chips, with participation from CITIC Securities, Jiangsu Goldstone Transportation Technology Industry Fund, Guozhong Venture Capital Management, Huatai Insurance, Qianhai W&W Fund Management and others. Read more… Read More
Proterra Investment Partners Asia reached a USD200m final close for Food Fund 3, a Singapore-domiciled vehicle that will make food-related investments across Asia. Read more… Read More
FEN Ventures and Innogen Capital led a USD7m equity and debt round for Wynwood House, a Peru-based short-term rentals platform. Read more… Read More
Bridge One invested BRL105m (~USD21m) in BR Media, a Brazil-based social media agency connecting corporates with influencers. Read more… Read More
Hillhouse Capital agreed to invest USD300m in Table Space, an India-based co-workspace provider. Read more… Read More
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