Sixth Sense Ventures Closes Second Fund at US$68 Million (Asia)

India-focused venture capital firm Sixth Sense Ventures has closed its second early-stage consumer-focused fund at INR5 billion (approximately US$68 million), reportedly surpassing its INR2.5 billion (approximately US$34 million) target. Investors in the fund include India’s Ministry of Commerce and Industry, which committed INR500 million (approximately US$6.8 million), consumer companies, India-based… Read More

Horizon Capital Invests in Yarych (CEE and CIS)

Horizon Capital, a private equity fund manager focused on investments in mid-cap companies in Ukraine and the neighboring region, has acquired a minority stake in Ukraine-based biscuit producer Yarych. With Horizon’s support, Yarych plans to expand production in order to increase its presence in Ukraine and abroad. Financial details of… Read More

Waburg Pincus Acquires DKSH’s Chinese Health Care Business for US$100 Million (Asia)

SIX Swiss Exchange-listed market expansion services provider DKSH has sold its Chinese health care business to global private equity fund manager Warburg Pincus for CHF100 million (approximately US$100 million). The transaction, which has fulfilled all necessary closing conditions and obtained the relevant regulatory approvals, includes DKSH’s pharmaceutical, consumer health and… Read More

Linzor Capital Sells Minority Stake in UTEL for US$20.5 Million (Latin America)

Latin America-focused private equity fund manager Linzor Capital Partners has sold a 30 percent stake in Mexico-based Universidad Tecnológica Latinoamericana (UTEL) to Australian Stock Exchange-listed online training and employment services company Seek for US$20.5 million. UTEL offers online higher education services, with doctoral, masters, bachelor and high-school programs. Read More

KKR Invests US$145 Million in PropertyGuru (Asia)

Singapore-based property technology company PropertyGuru Group has raised an SGD200 million (approximately US$145 million) Series D funding round from global alternative asset manager KKR. Southeast Asia-focused PropertyGuru has portals across Singapore, Malaysia, Thailand, Indonesia and Vietnam. KKR’s investment through KKR Asian Fund III allows for the full consolidation of Vietnamese… Read More

Jet Investment Raises US$176 Million for Second Fund (CEE and CIS)

Central and Eastern Europe-focused private equity firm Jet Investment has raised CZK4 billion (approximately US$176 million) for Jet 2 from more than 160 private investors, family investment companies and financial institutions including banks, insurance companies and international asset managers. The fund will focus on acquiring majority stakes in small and… Read More

Equator Capital Partners Invests in MFS Africa (Sub-Saharan Africa)

Impact investment fund manager Equator Capital Partners has invested in pan-African fintech company MFS Africa through ShoreCap III. MFS Africa offers merchants, banks, mobile operators and money transfer companies access to over 170 million mobile wallets through its digital payments hub. Financial details of the transaction were not disclosed. Read More



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