British International Investment, LeapFrog Investments, Asian Development Bank and Premji Invest invested USD112m in India-based home mortgage lender Shubham Housing Development Finance. Read more… Read More
Trustar Capital (CITIC Capital Partners) led a USD15m Series B for China-based food processor Shugao with follow-on by Oriental Jiafu Asset Management and Redpoint Ventures China. Read More
Patamar Capital and PT Astra Digital Internasional led a USD15m Series A for Mapan, an Indonesia-based group purchasing platform for low-income customers, with participation from BRI Ventures, Sinar Mas Digital Ventures, Blibli, Prasetia Dwidharma, Flourish Ventures and 500 Global. Read more… Read More
Tiger Global led a USD25m Series A for Battery Smart, an India-based electric vehicle battery-swapping network run by Upgrid Solutions, at a reported USD125m valuation, with follow-on from Blume Ventures and Orios Venture Partners. 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
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
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
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
Openspace Ventures and Vietnam Investment Group led a USD25m Series B for Vietnam-based digital investment platform Finhay, with participation from Insignia Ventures Partners, TVS, Headline, TNBAura and Infinity Ventures Crypto. Read more… Read More
Owl Ventures led a USD75m Series D for Leap, an India- and US-based fintech platform for students pursuing higher education abroad, with participation from Steadview Capital and Paramark Ventures, and follow-on from Jungle Ventures and Sequoia Capital India. Read more… Read More
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