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
Fidelity Management and B Capital led a USD570m round for India-based social commerce platform Meesho at a reported USD4.9b valuation, with participation from Footpath Ventures, Trifecta Capital and Good Capital, and follow-on from Prosus Ventures, SoftBank Vision Fund 2 and Facebook. Read More… Read More
MSA Capital led a USD15m combined pre-seed and seed round with a mix of equity and debt for Pakistan-based BNPL platform QisstPay. Global Founders, Fox Ventures, First Check Ventures and angel investors including Simone Mancini and Johnny Mitrevski (Scalapay) participated in the round. Read more… Read More
Sequoia Capital led a USD90m Series A for India-based debt platform CredAvenue, with participation from Lightspeed,TVS Capital Funds, Lightrock and Stride Ventures, at a reported USD410m valuation. Read more… Read More
ABC World Asia led a USD100m Series E for India-based edtech Vedantu, with participation from Coatue, Tiger Global, GGV Capital, Westbridge and others, at a reported USD1b valuation. Read more… Read More
Westbridge Capital led a USD30m Series B for Bijnis, an India-based e-commerce software provider for the manufacturing industry, with follow-on from InfoEdge, Matrix Partners India, Sequoia Capital India and Waterbridge Ventures. Read more… Read More
Norwest Venture Partners led a INR2.7b (~USD37m) Series E for Ummeed Housing Finance, an India-based affordable housing finance company, with follow-on from Morgan Stanley Private Equity Asia. Read more… Read More
Lightrock India led a USD50m Series D for India-based lending company Capital Float, with participation from angel investors and follow-on from Sequoia Capital India, Ribbit Capital and Creation Investments. Read more… Read More
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