Amethis, with its partners IFC, DEG and MCB Private Equity, agreed to sell its 30% stake in Kenya-based retail chain Naivas Supermarket to IBL Group for an undisclosed amount. Read more here and here… Read More
Temasek led a USD80m Series B for Mojia Biotech, a China-based bio-manufacturing company with a focus on sustainable development and carbon neutrality, with participation from LYZZ Capital and Sento Investment, and follow-on from Bits x Bites, Asia Green Fund and other investors. Read more… Read More
Alere Advisors acquired a 27.7% stake in Colombia-based food supplier Agropecuaria Promialianza for an undisclosed amount. Read more… Read More
Zomato acquired India-based instant grocery delivery startup Blinkit for USD568m at a reported ~USD700m valuation. Blinkit, formerly known as Grofers, is backed by Sequoia Capital, Tiger Global Management and others. Read more… Read More
Nuveen invested in GloboKasNet, a Peru-based multi-bank payment network for low-income communities, for an undisclosed amount. Maj Invest Financial Inclusion Fund III, a Danish financial inclusion investor, also invested for an undisclosed amount. Read more… Read More
Alpha Intelligence Capital and Dutch Founders Fund led a USD9.5m Series A for Vamstar, a UAE-based AI-enabled sourcing and procurement platform for medical supplies and pharmaceuticals, with follow-on from btov Partners and Antler. Read more… Read More
L Catterton Asia announced a USD360m continuation fund anchored by Hamilton Lane. The vehicle will invest in private assets held by the firm’s third Asia-focused fund, including beauty and personal care, consumer services, health and wellness and pet care investments. Read more here and… Read More
INVL Asset Management acquired Lithuania-based vet clinic network MiniVet through INVL Baltic Sea Growth Fundfor an undisclosed amount. Read more… Read More
Vine Ventures raised USD140m for Vine Ventures II. The early-stage venture fund will invest in Latin American-based financial services, logistics and supply chain companies. Read more… Read More
Openspace Ventures led a USD5.1m round for Philippines-based financial management platform Lista, with participation from various angel investors and follow-on from East Ventures, Saison Capital and 1982 Ventures. Read more… Read More
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