The credit unit of Baring Private Equity Asia (BPEA) spun out of BPEA and reached a USD475m final close for its third fund. BPEA was recently acquired by EQT for EUR6.8b (~USD6.8b). Investors in BPEA Credit Fund III include CPP Investments and IFC. Read more… Read More
British International Investment led a USD25m equity round for Kinara Capital, an India-based SME lender, with participation from Nuveen and Triple Jump’s AMP Fund. Read more… Read More
FinTech Collective led a USD10m seed round for mattilda, a Mexico-based finance management and tuition collection platform for private schools, with participation from Wollef, DILA Capital, QED Investors, Picus Capital, Emerge Education, SMP and Xochi Ventures. Read more… Read More
Firstred Capital led a CNY200m (~USD27m) Series C for BIZSEER, a China-based enterprise IT systems maintenance platform, with participation from The Cathay Funds and Sanyi Capital, and follow-on from Shunwei Capital and Sequoia China. Read more… Read More
Reap, a Hong Kong-based payments platform for SMEs raised a USD40m Series A led by Acorn Pacific Ventures, Arcadia Funds and HashKey Capital, with participation from Hustle Fund, Fresco Capital, Abacus Ventures and Payment Asia. Read more… Read More
Sanabil Investments led a USD40m Series A for Classera, an Egypt-based edtech focused on emerging markets, with participation from Global Ventures, Endeavor Catalyst, 500 Global, Sukna Venture, and Seedra Ventures. Read more… Read More
SDIC Venture Capital led a ~CNY700m (~USD97m) round for New Dimension Systems, a China-based industrial software provider, with participation from SB China Venture Capital, Vertex Ventures, Chengdu F&D Equity Investment, Bohai Industrial Investment Fund, Shenzhen Hui Capital and others. Read more… Read More
Devtron, an India-based, open-source software delivery platform, raised a USD12m round led by Insight Partners. Read more… Read More
L Catterton invested USD80m in Crediclub, a Mexico-based consumer lending platform, with participation from IFC, Sarona and others. Read more… Read More
Global Logistic Properties led a ~USD300m pre-Series A for Farizon Auto, a China-based maker of commercial vehicles powered by new energy sources, with participation from Transfar, Citic Securities Investment, Industry Foundation of Xiangtan, GLy Capital and Mirae Asset. Read more… Read More
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