Gulf Capital exited CHO Group, a Tunisia-based olive oil producer and exporter, generating an over 15% IRR. Gulf invested USD22m in CHO in December 2018 through Gulf Capital Credit Opportunities Fund II. Read more… Read More
500 Emerging Europe invested in Ddosify, a Turkey-based developer of open-source performance testing software. Read more… Read More
Fortune Capital and Shenzhen Smart City Industrial Investment Private Equity Fund Management led an over CNY100m (~USD14m) Series C for SandStone, a China-based enterprise-level data storage service provider, with participation from Long Hua Capital and other investors. Read more… Read More
Social Bella (formerly Sociolla), an Indonesia-based beauty marketplace and retailer, raised a USD60m round from existing investors Temasek, L Catterton, East Ventures, Jungle Ventures and others. Read more… Read More
India-based edtech Byju’s raised USD250m from existing investors including QIA. Read more… Read More
ABC International Holdings and CCB Investment Management led a CNY2b (~USD278m) Series B for Hithium, a China-based maker of energy storage systems, with participation from Matrix Partners, Fenghe Capital, Dayone Capital, Torch VC, Xiamen Venture Capital, Jinfeng Investment and Chengtun Mining Group. Read more here and… Read More
Sweden’s EQT completed the acquisition of Hong Kong-based Baring Private Equity Asia (BPEA). The merged private equity firm will operate under the name BPEA EQT. Read more… Read More
Citic Capital led a CNY100m (~USD14m) Series A for China-based biotech Veminsyn, with participation from Yangzijiang International Tiyuchang Road Industrial Park. Read more here and here… Read More
Youhualin, a China-based intelligent solution service provider raised a CNY100m (~USD14m) Series C led by V Fund, Broad Resources Investment Management, HNDY Capital and Hainan Rongya, and follow-on from Hengxu Capital and 5Y Capital. Read more… Read More
Impact46 led a USD50m round for Zid, a Saudi Arabia-based e-commerce solution for retailers, with participation from Wa’ed Ventures and Endeavour Catalyst, and follow-on from Global Ventures, Elm Company, Arzan and MSA Capital. Read more… Read More
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