India-based online pharmacy PharmEasy raised a USD500m Series F from Think Investments, TPG Growth, Temasek, B Capital, Prosus Ventures, Orios Venture Partners and Kotak Private Equity Fund at a reported USD4b valuation. TPG Growth and Prosus Ventures led the company’s USD350m Series E in April 2021. Read more… Read More
Navis Capital Partners exited Amazon Papyrus Chemicals Group, a Hong Kong-headquartered chemical solutions provider to the pulp and paper industry, via a sale to The Longreach Group for an undisclosed amount. Navis originally acquired a controlling stake in the business in 2014. Read more… Read More
KKR, through its KKR Asia Pacific Infrastructure Fund, acquired Highway Concessions One and seven highway assets in India from Global Infrastructure Partners for an undisclosed amount. Read more… Read More
Zinnia Global Fund led a USD140m Series D comprising both debt and equity for Furlenco, a subscription-based furniture rental company based in India, with follow-on from CE-Ventures and Lightbox Ventures. Read more… Read More
Affirma Capital agreed to acquire a 50% stake in SeAH ESAB, a South Korea-based manufacturer of welding materials, and a 70% stake in SeAH FS, a global manufacturer of steel tubes with operations in South Korea, China, Thailand, India, Indonesia and Mexico, for USD76.9m. Read more… Read More
IFC, Ninety One’s EAIF, the African Development Bank (AfDB) and the Development Bank of South Africa provided EUR178m (~USD211m) in financing to develop the Kinguélé Aval hydroelectric dam in Gabon. Read more… Read More
Swedish gaming giant MTG (Modern Times Group) acquired India-based gaming platform PlaySimple for ~USD360m, providing an exit for investors including Chiratae Ventures and Elevation Capital. Read more… Read More
Partners Group acquired a 24.9% stake in China-based air freight forwarder company Apex Logistics from its majority owner Kuehne + Nagel for an undisclosed amount. Read more… Read More
Partners Group acquired a 24.9% stake in China-based air freight forwarder company Apex Logistics from its majority owner Kuehne + Nagel for an undisclosed amount. Read more… Read More
AfricInvest invested in DPI-backed CMGP-CAS, a merger between Moroccan irrigation systems company Compagnie Marocaine de Goutte à Goutte et de Pompage (CMGP) and Moroccan agricultural supplier Comptoir Agricole de Souss (CAS). Details of the transaction were not disclosed. Read more… Read More
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