DFC has agreed to invest up to USD30m in Omnivore Agritech & Climate Sustainability Fund 3, a fund targeting investments in early-stage startups focused on agriculture, food, climate and the rural economy in India. The vehicle is managed by Omnivore and has a USD130m target. Read… Read More
DFC has agreed to invest a combined USD40m to two Africa-focused funds, including USD25m to West Africa-focused PE fund Uhuru Growth Fund I and USD15m to women-led tech-focused vehicle Norrsken22 Africa Fund. Read more… Read More
Sequoia Capital reached a USD2b final close for its early-to-growth stage India fund and a USD850m final close for its debut Southeast Asia fund. Read more… Read More
Red Med Capital reached a MAD300m (~USD30m) first close for Columbus I. The PE fund, which has a MAD1.1b (~USD110m) target, will invest in Moroccan businesses whose capitalization has been affected by the pandemic. Read more… Read More
500 Istanbul led a USD1m seed round for Refine, a React-based web application development platform based in Turkey, with participation from Emre Baran (Cerbos) and Emre Burak Kabakcı (Rakam/Liveramp). Read more… Read More
Actis acquired six India-based operating highway toll road projects from Welspun Enterprises Limited for USD775m. Read more… Read More
IndInfravit Trust, whose unit holders include CPP Investments, Allianz Capital Partners and OMERS Infrastructure, agreed to acquire five India-based operational road projects from Brookfield Asset Management in a deal valued at USD1.2b. Read more… Read More
AfricInvest, through its Cathay AfricInvest Innovation Fund, and Proparco led a USD8m Series A for Tunisia-based edtech GoMyCode, with participation from Wamda Capital. Read more… Read More
GIC led a USD140m Series F for India-based fintech CRED at a reported USD6.4b valuation, with follow-on from Tiger Global, Sofina Ventures, Alpha Wave Ventures and Dragoneer. Read more… Read More
Paramark Ventures led a USD33m round for Purplle, an India-based e-commerce platform for beauty products, at a reported USD1.1b valuation, with follow-on from Premji Invest, Blume Ventures and Kedaara Capital. Read more… Read More
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