QED Investors Leads USD5m Pre-Series B for Indonesia’s Pashouses
QED Investors led a USD5m pre-Series B for Pashouses, an Indonesia-based real estate marketplace. This is QED’s first known investment in Southeast Asia. Read more… Read More
SoftBank Sells 4.5% Stake in India’s Paytm for ~USD200m
SoftBank sold a 4.5% stake in India-based payments app Paytm for INR16.3b (~USD200m) on the NSE. The sale follows the end of one-year mandatory lock-in for pre-IPO investors in Paytm. Read more… Read More
India’s Five Star Business Raises ~USD195m in IPO
Five Star Business Finance, an India-listed nonbank lender for SMEs, raised INR15.9b (~USD195m) in its IPO on the BSE and NSE. The offering included share sales by Sequoia India, Matrix Partners, Norwest Venture Partners and TPG. Read more… Read More
Helios To Acquire Morocco’s Maroc Datacenter
Helios Investment Partners agreed to acquire a majority stake in Morocco-based Maroc Datacenter. Helios recently announced an agreement to acquire Kenya-based IXAfrica Data Centre. Read more… Read More
Lightrock Leads USD33m Series B for India’s BeatO
Lightrock India led a USD33m Series B for BeatO, an India-based diabetes monitoring app, with participation from HealthQuad and Flipkart, and follow-on from Blume Ventures, Orios Venture Partners, Leo Capital, W Health Ventures and others. Read more… Read More
Temasek and Alibaba Lead USD40m Series A+ for China’s YAHAHA
Temasek and Alibaba led a USD40m Series A+ for YAHAHA, a China-based metaverse platform for game developers, with participation from 37 Interactive Entertainment. Read more here and here… Read More
GSV Ventures Leads USD45m Series E for India’s Simplilearn
Simplilearn, an India-founded, US-based professional upskilling platform, raised a USD45m Series E led by GSV Ventures, with participation from Clal Insurance and DisruptAD. Blackstone acquired a controlling stake in 2021. Read more… Read More
Blackstone To Take India’s R Systems Private for ~USD359m
Blackstone agreed to acquire a 52% stake in India-listed IT services company R Systems from company management. The agreement triggered an offer to delist the company for a total transaction value of up to USD359m. Read more… Read More
UAE’s Silkhaus Raises USD7.8m Seed Round
Silkhaus, a UAE-based short-term property rental app, raised a USD7.8m seed round from Nuwa Capital, Nordstar, Global Founders Capital, Yuj Ventures, Whiteboard Capital, VentureSouq and others. Read more… Read More
EQI Raises ~USD9m for Brazil’s Forêt Fund
EQI reached a BRL50m (~USD9m) final close for Forêt Fund, a vehicle focused on acquiring protected land, generating environmental conservation certificates and selling them to local agribusinesses. Read more… Read More
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