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Innova Capital Acquires Minority Stake in Poland’s CloudFerro

Innova Capital acquired a minority stake in CloudFerro, a Poland-based cloud services provider for the European space sector. Read More

Triple P Capital To Raise for USD200m Climate Fund II

Triple P Capital agreed to raise USD200m for its second fund focusing on the climate sector, specifically climate adaptation and resilience in Southeast Asia.  Read More

Aruwa Capital and Newton Partners Lead USD3m Pre-Series A for Nigeria’s MDaas Global

Aruwa Capital and Newton Partners led a USD3m pre-Series A for MDaas Global, a Nigeria-based tech-enabled diagnostics center operator.  Read More

Actis Exits 75% Stake in Indonesia’s SIS Group to Adivira Capital

Actis exited its 75% stake in SIS Group, an Indonesia-based private school chain operating in Indonesia, India, South Korea and Myanmar, via a sale to Adivira Capital. Read More

ADB Ventures To Raise USD200m for Asia Climate Fund

ADB Ventures agreed to raise USD200m for its climate fund, focusing on Series A and pre-Series A startups in Asia. Read More

China’s Lotus Technology listed on Nasdaq via SPAC Merger with L Catterton’s SPAC

China-based electric vehicle manufacturer Lotus Technology listed on the Nasdaq through a merger with L Catterton’s SPAC, raising ~USD880m at a reported valuation of USD7b. Read More

Adenia, Proparco, DEG and South Suez Acquire South Africa’s The Courier Guy

Adenia Partners, DEG, Proparco and South Suez Capital fully acquired The Courier Guy, a South Africa-based last-mile delivery and express parcel provider. Read More

Lakeshore Capital Exits Thailand’s NDB Healthcare to Suntory Wellness

Lakeshore Capital fully exited NDB Healthcare, a Thailand-based health products manufacturer, via a sale to Suntory Wellness. Read More

Monk’s Hill Ventures and Others Exit Singapore’s Doyobi to ErudiFi

Monk’s Hill Ventures, 500 Southeast Asia, Hustle Fund and Teja Ventures exited Doyobi, a Singapore-based education platform for kids 8-12, through a strategic sale to ErudiFi. The sellers will swap their shares for a stake in ErudiFi. Read More

Singapore’s Transparently.AI Raises USD3m Pre-Series A from Franklin Templeton

Transparently.AI, a Singapore-based fraud detection platform, raised a USD3m pre-Series A from Franklin Templeton, valuing the company at USD20m. Read More

EQT Private Capital Asia Exits India’s CMS Info Systems for ~USD187m

EQT Private Capital Asia (formerly BPEA EQT) fully exited its 26.7% stake in India-based cash management platform CMS Info Systems for INR15.47b (~USD187m).  Read More

TPG NewQuest Leads USD100m Investment in India’s Shadowfax

TPG NewQuest led a USD100m Series E for Shadowfax, an India-based logistics and delivery platform, with participation from Mirae Asset Venture Investments, Flipkart, IFC, Nokia Growth Partners and others. The round includes some secondary transactions. Read More