KKR Invests USD300m for 13% Stake in India’s Advanta
KKR, through its latest Global Impact fund, invested USD300m for a 13.33% stake in Advanta Enterprises, an India-based seed subsidiary of agricultural solutions provider UPL. Read more… Read More
KKR, through its latest Global Impact fund, invested USD300m for a 13.33% stake in Advanta Enterprises, an India-based seed subsidiary of agricultural solutions provider UPL. Read more… Read More
BASF Venture Capital, the CVC arm of German chemical conglomerate BASF, led a USD10m round for Traive, a Brazilian lending platform for agricultural producers. Read more… Read More
Direct Drive Tech, a China-based robotics hardware manufacturer, raised a CNY100m (~USD14m) Series A led by Green Pine Capital Partners and Lenovo, with participation from InnoVen Capital and follow-on from 5Y Capital and MiraclePlus. Read more… Read More
African Forestry Impact Platform (AFIP) raised USD200m from New Forests, BII, Norfund and Finnfund, and announced its first investment, an acquisition of Green Resources, the largest East Africa-based forest development and wood processing company. Read more… Read More
Warburg Pincus invested USD350m to establish Oona Insurance, a Singapore-based, Southeast Asia-focused digital insurance platform. Warburg seeded the platform with two acquisitions: Indonesia-based Asuransi Bina Dana Arta and Philippines-based Mapfre Insular Insurance Corporation. Read more… Read More
Aion, the electric vehicle unit of China-based automaker GAC, raised CNY18.3b (~USD2.5b) Series A from Yingke Private Equity, Goldstone Investment, Shenzhen Capital Group, PICC Capital Investment Management and others. Read more here and here… Read More
Emso Asset Management provided EUR15m (~USD15m) in debt financing for Moove, a Nigeria-based vehicle financing platform for rideshare workers. Read more… Read More
MaxAB, an Egypt-based B2B food and grocery delivery platform, raised USD40m from ADQ, BII and Silver Lake, with follow-on from 4DX Ventures, Flourish Ventures, Beco Capital and Africa Platform Capital. Read more here and here… Read More
Abris Partners-backed digital shipping platform Alsendo acquired a majority stake in Innoship, a Romania-based delivery management software provider. Read more… Read More
20Cube Logistics, a Singapore-based full-stack digital logistics platform backed by Zephyr Management, agreed to list on the Nasdaq through a SPAC merger with Evo Acquisition at a USD338m enterprise value. Zephyr first invested in 20Cube in 2013 through Zephyr Peacock Fund III. Read more… Read More
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