Prosus Ventures, Tencent and B Capital led a USD87m Series B for Ula, an Indonesia-based B2B e-commerce marketplace, with participation from Bezos Expeditions, Northstar, AC Ventures and Citius, and follow-on from Lightspeed India, Sequoia Capital India, Quona Capital and Alter Global. Read more… Read More
Indian edtech Byju’s raised USD296m led by Oxshott Capital Partners at a reported USD18b valuation, with participation from XN Exponent, Edelweiss, Verition Master Fund, IIFL, MarketX Ventures and Time Capital Advisors. The investment is part of the company’s Series F round. Read more… Read More
DST Global led a USD153m Series B for Indonesia-based investment app Ajaib at a reported USD1b valuation, with follow-on from Ribbit Capital, IVP, ICONIQ Capital, Insignia Ventures, Alpha JWC Ventures, SoftBank and Horizons Ventures. Read more… Read More
Alteria Capital reached a INR18b (~USD242m) final close for its second venture debt fund. Read More
DMI Alternatives reached a USD40m final close for The Sparkle Fund. The vehicle focuses on alternative lending, consumer finance, financial services IT, payments, regtech, wealthtech and AI platforms to drive automation in India. Read more… Read More
Northern Light Venture Capital reached a CNY2b (~USD309m) final close for its CNY-denominated fourth fund targeting investments in early-stage companies across the TMT, advanced technology and healthcare sectors in China and the US. Read more… Read More
Global Ventures led a USD4.5m pre-Series A for Cartona, an Egypt-based e-commerce platform connecting retailers and manufacturers, with participation from Kepple Africa, T5 Capital and angel investors. Read more… Read More
CDC Group made an undisclosed anchor investment in Techxila Fund I, a fund managed by Fatima Gobi Ventures targeting investments in early-stage tech companies across Pakistan. Read more… Read More
Falcon Edge Capital led a USD200m+ round for Ola Electric, the EV unit of India-based rideshare Ola, with participation from SoftBank and others at a reported USD3b valuation. TechCrunch reports that the round has not yet closed. Read more… Read More
Tiger Global led a USD207m Series F for India-based B2B marketplace OfBusiness, with participation from SoftBank and Alpha Wave Incubation, at a reported USD3b valuation. Read more… Read More
(default archive template)