Middle East- and North Africa-focused venture capital fund manager Wamda Capital, Lebanon-focused venture capital firms Phoenician Funds and B&Y have participated in a USD6m Series A funding round for Dubai-based car shopping startup Seez. Read more… Read More
South Asia- and Africa-focused healthcare delivery platform Evercare, a portfolio company of TPG’s The Rise Fund, has acquired Bangladesh-based Apollo Hospitals Dhaka for BDT10b (approximately USD118m). The investment was made by The Evercare Health Fund, a vehicle acquired by TPG from The… Read More
The International Finance Corporation is the lead arranger for a USD125m Islamic financing package to UAE-based private healthcare company Humania. IFC will provide Humania with a USD35m Islamic facility. The remainder of the financing is from the Finnish Fund for Industrial Cooperation Ltd (Finnfund), OPEC Fund for International Development, European… Read More
Middle East and North Africa-focused venture capital fund manager Wamda Capital led a USD3.5m Series A follow-on round for Jordan-based mobile games publisher Tamatem, with participation from Saudi Arabia’s Modern Electronics and the UK’s North Base Media. Read more… Read More
India-focused alternative asset manager Steadview Capital Management and Tiger Global Management led a USD70m Series C in healthcare data analytics startup Innovaccer. Dragoneer, Westbridge Capital, Mubadala, and Microsoft’s venture fund M12 also participated in the round. Based out of San Francisco, Innovaccer has significant operations in India. Read More
Asia- and North America-focused venture capital firm GGV led a USD24m Series C extension round for interactive online tutoring platform Vedantu, with participation from existing investors. The USD24m extension brings the Series C round to a total of USD66m. Read more… Read More
Dutch development finance institution FMO led a USD6m investment in Jordan-based fintech Liwwa, with participation from Wamda Capital, 500 Startups, Edgo VC, and EFG-EV. Read more… Read More
Africa-focused private equity fund manager Phatisa has acquired Rolfes Group in a public-to-private transaction via its Food Fund 2, along with Sabvest, Masimong Chemicals, and Rolfes management. Rolfes Group is a supplier of agricultural, food, industrial, and water chemical management solutions and services. Read more… Read More
500 Startups, Derayah Venture Fund, and MEVP led a USD5m Series B for Bahrain-based restaurant booking application Eat. Read more… Read More
India-focused private equity fund manager Kedaara Capital led a USD40m investment in India-based pharmaceutical company Ami Lifesciences. Intensive Softshare also participated in the round. Read more… Read More
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