KKR made a USD171m follow-on investment for an additional 7.3% stake in Philippines-listed power developer First Gen Corp, bringing its stake to 19.9%. KKR first invested in the company in June 2020. Read more… Read More
Andreessen Horowitz and Coinbase Ventures led a USD260m Series C for India-based crypto exchange CoinSwitch Kuber at a reported USD1.9b valuation, with participation from Sequoia Capital India, Tiger Global, Paradigm and Ribbit Capital. Read more… Read More
IIFL led a USD52m Series G for Licious, an India-based D2C e-commerce platform for fresh food, at a USD1b reported valuation. Temasek and Multiples led the company’s USD192m Series F in July 2021. Read more… Read More
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
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