PAG has agreed to provide USD137m in debt to India-based Edelweiss Financial Services via redeemable non-convertible debentures. PAG recently acquired a 51% stake in Edelweiss Wealth Management. Read more… Read More
SoftBank, through its Vision Fund II, led a USD150m Series F for India-based edtech Unacademy at a USD1.45b valuation, with participation from existing investors Facebook, Blume Ventures, Nexus Partners, General Atlantic, and Sequoia Capital. Read more… Read More
Ontario Teachers’ Pension Plan Board (OTPP) has agreed to invest USD350m in Edelweiss Alternate Asset Advisors, the alternative investment platform of the Edelweiss Group, as part of a long-term partnership which will focus on performing and distressed credit investment opportunities in India. Read more… Read More
Google and Lightstone Fund led a USD28m Series E for India-based hyperlocal delivery startup Dunzo. Read more… Read More
Partners Group has sold 2.56m shares, or a 3.27% stake, in India-based lender Aavas Financiers for INR3.61b (approximately USD49m). Partners Group retains a 20.64% stake in the company. This is the second partial divestment for Partners Group from Aavas after selling part of its stake via the company’s… Read More
Sequoia Capital China led a USD173m investment in Viva Republica, the South Korea-based operator of fintech services app Toss, with participation from existing backers Kleiner Perkins, Aspex Management, Altos Ventures, Goodwater Capital, and Greyhound Capital. Read more… Read More
Global Infrastructure Partners has acquired India-based RattanIndia’s solar assets portfolio for INR16.7b (approximately USD229m). Read more… Read More
Affirma Capital has agreed to sell its stake in South Korea-based waste and wastewater treatment company EMC Holdings to SK Engineering & Construction, the construction subsidiary of SK Group, in a deal valued at KRW1t (approximately USD843m). Read more… Read More
Creador has invested INR2.5b (approximately USD33.7m) in India-based packaging solutions provider Shriji Polymers, facilitating an exit for Tata Capital and its co-investor HBM Healthcare Investments. Read more… Read More
Prosus Ventures and Leeds Illuminate led a USD113m Series D for Eruditus Learning, an India-based edtech focused on providing executive-level courses. Chan Zuckerberg Initiative and existing investors Sequoia India and Ved Capital also participated in the round. Read more… Read More
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