Warburg Pincus acquired 62.33% and 51% stakes in Indonesia-based insurance businesses ABDA and ABDA Assistance, respectively, from Spain-headquartered multinational insurance company Mapfre for EUR56.6m (~USD63m). Read more… Read More
Tiger Global, Winter Capital, Evolvence India and Accel led a USD75m Series D for Money View, an India-based online financial services provider, at a reported USD625m valuation, with participation from South Park Commons, Trusted Insight and Dream Incubator. Read more… Read More
Stone Plant Investments, an affiliate of Warburg Pincus, acquired a majority stake in Imperial Auto Industries, an India-based manufacturer of fluid transmission products, for an undisclosed amount. Read more… Read More
Wavemaker Partners reached a USD136m final close for its fourth fund targeting investments in early-stage enterprise, deep tech and sustainability startups in Southeast Asia. Read more… Read More
Cerberus Capital Management agreed to acquire Subic Bay, a shipyard located at a former US navy base in the Philippines, for USD300m. Read more… Read More
Westbridge Capital led a USD32m Series B for India-based agtech Otipy, with follow-on from SIG and Omidyar Network India. Read more… Read More
Prosus Ventures and Tiger Global led a USD50m Series C for India-based B2B animal protein marketplace Captain Fresh, with participation from Accel India, Matrix Partners India, Ankur Capital and Incubate Fund. Read more… Read More
Norwest Venture Partners led a USD75m Series C for India-based social commerce platform CityMall, with participation from Citius Fund and follow-on from WestBridge Ventures, Jungle Ventures, General Catalysts, Accel India and Elevation Capital. Read more… Read More
Insight Partners, B Capital Group and Dragoneer Investment Group led a USD137m Series B for India-based debt platform CredAvenue at a reported USD1.3b valuation. Read more… Read More
HarbourVest Partners reached a USD1.6b final close for HIPEP IX Fund, surpassing its initial target of USD1.2b. The fund will make primary investments in private equity funds in Europe and Asia Pacific, in addition to secondary and direct co-investments. Read more… Read More
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