Ghana-based Zeepay raises USD10m in debt financing from Verdant Capital
Zeepay, a Ghana-based cross-border payments company, raised USD10m in debt financing from Verdant Capital. Read more here, here and here… Read More
KKR and Stonepeak To Acquire Philippines’ Globe Telecom Towers for Combined ~USD1.3b
Frontier Towers, the KKR-backed subsidiary of Pinnacle Tower, agreed to acquire 3,539 telecom towers for PHP45b (~USD809m) from Philippines-based telecom Globe. Stonepeak has also separately agreed to acquire 2,180 telecom towers and related passive infrastructure from Globe for PHP26.2b (~USD471m) through Miescor Infrastructure Development Corporation, a joint venture between Meralco… Read More
Merak Capital Leads USD3m Seed Round for Egypt’s Convertedin
Merak Capital led a USD3m seed round for Convertedin, an Egypt-based advertising automation platform for e-commerce, with participation from 500 Global and MSAS. Read more… Read More
Knife Capital Leads USD10m Series A for South Africa’s DataProphet
Knife Capital led a USD10m Series A for DataProphet, a South Africa manufacturing optimization platform, with participation from IDC and Norican. Read more here and here… Read More
Bertelsmann India Leads ~USD17.5m Series B for India’s SquadStack
Bertelsmann India led a USD17.5m Series B for SquadStack, an India-based sales talent platform for enterprises, with follow-on from Blume Ventures and Chiratae Ventures. Read more… Read More
China’s YOYI Tech Acquires Venture-backed Linkflow and Raises USD20m Series D+ from Samsung Venture Investment, TPG’s Xincheng Investment, Others
YOYI Tech, a China-based programmatic advertising platform, raised a USD20m round from Samsung Ventures, Xincheng Investment and Zhejiang Silk Road Industrial Investment Fund and others. Read more here, here and here… Read More
Indonesia’s Jet Commerce Raises Over USD60m Series B Led by Jinqui Capital, Hidden Hill Capital and Zhejiang SilkRoad Fund
Jet Commerce, an Indonesia-founded and China-based e-commerce marketing platform, raised ~USD60m Series B led by Jinqui Capital, Hidden Hill Capital and Zhejiang SilkRoad Fund, with participation from Hui Capital and follow-on from ATM Capital. Read more… Read More
Aramco’s Prosperity7 Ventures Leads Series D+ for China’s Insilico Medicine; Series D Rounds Total USD95m
Prosperity7 Ventures, the diversified growth fund of Aramco, led a Series D extension for Insilico Medicine, a China-based clinical-stage AI drug company, bringing the total Series D funding to USD95m. Read more here and here… Read More
CDPQ Leads USD105m Series D for India’s CleverTap
CDPQ led a USD105m Series D for CleverTap, an India-founded and US-based customer engagement platform, with participation from IIFL AMC’s Tech Fund and follow-on from Tiger Global and Sequoia India. CDPQ committed USD75m. Read more… Read More
Actis’ BluPine Energy To Acquire Solar Assets from India’s Atha Group for ~USD264m
Actis’ green energy platform BluPine Energy agreed to acquire the solar power assets of India-based Atha Group for an equity value of ~USD100m and a reported ~INR21b (~USD264m) enterprise value. Read more… Read More
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