Invesco Developing Markets Fund invested USD100m in India-based digital retail payments platform Pine Labs. In July 2021, Pine Labs raised a USD600m round at a reported USD3b valuation from Fidelity Management & Research Company, BlackRock, Ishana, IIFL and Kotak. Read more… Read More
Legatum Capital led a USD150m Series E for India-based Mobile Premier League at a USD2.3b reported valuation, with participation from Sequoia India, SIG, RTP Global, Go-Ventures, Moore Strategic Ventures, Play Ventures, Base Partners, Telstra Ventures and Founders Circle Capital. Read more… Read More
GPC 1H 2021 data on fundraising, investment and exit activity across Asia, Latin America, Africa, CEE and the Middle East Key data takeaways: All major markets posted year-over-year gains in private capital deal value and deal count as the tech-fueled recovery from the pandemic continues. VC deals drove the… Read More
Warburg Pincus led a USD93m Series B for China-based enterprise software company Terminus, with follow-on from Sequoia Capital China and Alibaba Cloud. Read more… Read More
STIC Investments led a USD100m round for Singapore-based online classifieds marketplace Carousell at a reported USD1.1b valuation. Read more… Read More
Hong Kong-based genomic and diagnostic testing company Prenetics agreed to list on the Nasdaq via a merger with SPAC Artisan Acquisition Corp in a transaction that values the company at an enterprise value of USD1.25b with a combined equity value of ~USD1.7b. The deal includes a PIPE and forward purchase… Read More
Alibaba led a USD300m Series B for China-based autonomous driving technology developer DeepRoute.ai, with participation from Jeneration Capital and follow-on from RZ Capital, Yunqi Partners and Glory Ventures. Read more… Read More
Existing investor Tiger Global led a USD100m Series C for India-based professional networking platform Apna, with participation from Owl Ventures, Insight Partners, Sequoia Capital India, Maverick Ventures and GSV Ventures, at a reported USD1.1b valuation. Read more… Read More
SoftBank led a USD200m Series D for China-based service robot company Keenon Robotics, with participation from CICC ALPHA and Prosperity7 Ventures. Read more… Read More
Accel, Avataar Ventures, Norwest Venture Partners and Premji Invest invested USD100m in Amagi, an India-based media SaaS platform, providing an exit for Emerald Media and Mayfield India. Read more… Read More
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