TPG Reaches USD3.4b First Close for Eighth Flagship Asia Fund
TPG reached a USD3.4b first close for its eighth flagship Asia fund, which was launched earlier this year with a USD6b target. Read more… Read More
Elevar Equity Leads ~USD6m Series A for India’s CureBay
Elevar Equity led a INR500m (~USD6m) Series A for India-based remote healthcare provider CureBay. Read more… Read More
Brazil’s Liti Raises ~USD4.2m from monashees, Canary, Norte Ventures, Newtopia VC and others
Liti, a Brazil-based health monitoring platform focused on weight control, raised a ~USD4.2m round from monashees, Canary, Grão, Norte Ventures, Eclipseon, Newtopia and The Fund. Read more… Read More
Enlight Growth Partners and Fore Bright Capital Lead ~USD14m Pre-Series B for China’s Bailian.AI
Enlight Growth Partners and Fore Bright Capital led a CNY100m (~USD14m) pre-Series B for Bailian.AI, a China-based B2B marketing firm, with participation from DeTong Capital and follow-on from Orient Jiafu Asset Management and Yunqi Partners. Read more… Read More
Lightrock Leads USD27m Series B for Brazil’s Agrolend
Lightrock led a USD27m Series B for Agrolend, a Brazil-based unsecured lender to smallholder farmers, with participation from Yara Growth Ventures and Mago Capital, and follow-on from Valor Capital Group, SP Ventures and others. Read more… Read More
Quona Capital Reaches USD332m Final Close for Fund III
Quona Capital reached a USD332m final close for Quona Accion Inclusion Fund III, originally targeting USD250m. The fund will invest in early-stage startups advancing financial inclusion in Latin America, India, Southeast Asia, Africa and the Middle East. Quona Capital reached a USD200m final close for Fund II in 2020. Read More
BlueOrchard and OP Financial To Provide USD20m Debt for Africa Mobile Networks
Africa Mobile Networks, a UK-based telecom provider focused on rural Sub-Saharan Africa, agreed to raise USD20m in debt from BlueOrchard Sustainable Assets Fund and OP Finnfund Global Impact Fund I, a vehicle managed by OP Financial and anchored by Finnfund. Read more… Read More
Investcorp Leads ~USD67m Investment in India’s Global Dental Services
Investcorp led a INR5.45b (~USD67m) investment in Global Dental Services, an India-based dental clinic chain operator, with participation from Tybourne Capital Management, SeaLink Capital Partners and others. Read more here and here… Read More
India’s Fusion MicroFinance Raises ~USD135m in IPO
Fusion MicroFinance, an India-based lender focused on women entrepreneurs, raised INR11b (~USD135m) in its IPO on the BSE and NSE. The offering included INR2.3b (~USD28m) in share sales by investors including Warburg Pincus, Creation Investments and GAWA Capital Partners. Read more… Read More
Matrix Partners and FreesFund Invest ~USD6m in Angel Round for China’s ChainGen Bio
Matrix Partners and FreesFund invested ~USD6m in an angel round for ChainGen Bio, a China-based antibody-drug conjugates (ADCs) developer. Read more… Read More
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