India-based cryptocurrency exchange CoinDCX raised a USD90m Series C from B Capital Group and existing investors Coinbase Ventures, Polychain Capital, Block.one and Jump Capital at a reported USD1.1b valuation. Read more… Read More
Chiratae Ventures reached a USD337 final close for its fourth fund, targeting seed and Series A opportunities in India. Read more… Read More
Brazil-based Nubank, Global Founders Capital, Sequoia Capital and Matrix Partners India led a USD45m Series B for India-based neobank Jupiter, with participation from Mirae Assets Venture and follow-on from investors including Addition Ventures, Tanglin VC, 3one4 Capital, Greyhound and Beenext. The new round values the company at a reported USD300m+… Read More
The Carlyle Group agreed to sell its remaining 1.9% stake in SBI Life, an India-based life insurer, through multiple block deals for a reported USD289m. Read more… Read More
Openspace Ventures reached a USD120m first close for its debut growth fund focused on Southeast Asian tech. Read more… Read More
PAG reached a USD525m final close for PAG Growth II. The vehicle will target minority positions in high-performing companies in technology-enabled sectors primarily in Greater China. Read more… Read More
Vitalbridge Capital reached a USD200m first close for its second USD-denominated fund. Vitalbridge focuses on healthcare technology and digital supply chains. Read more… Read More
Coller Capital led a USD680m secondaries investment, alongside an unnamed Asian institution which contributed USD100m, in a portfolio of four credit funds managed by Ping An Overseas Holdings. Read more… Read More
EchoVC, MSA Capital, Nubank and Klarna invested a USD2.2m pre-seed round for Wapi Pay, a Singapore-based, Kenya-headquartered payments and remittances company focused on cross-border payments between Africa and Asia. Read more… Read More
FinAccel, the parent company of Indonesia-based digital credit platform Kredivo, agreed to merge with US-listed VPC Impact Acquisition Holdings II, a SPAC sponsored by Victory Park Capital, at a reported USD2.5b valuation. The deal includes a USD120m PIPE from Marshall Wace, Corbin Capital, SV Investment, Palantir Technologies, Maso Capital and… Read More
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