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AfricInvest sells part of its stake in One Tech
AfricInvest partially edited its stake in One Tech, a Tunisia-based electrical equipment manufacturer and services provider, for TND8m (~USD2.6m). Read More
GIC led USD105m Series C for Atlan w/ Meritech Capital, Salesforce Ventures and Peak XV Partners
GIC led USD105m Series C for Atlan, a Singapore-founded data and AI governance platform, with participation from Meritech Capital, Insight Partners and Waterbridge Ventures, as well as follow-on from Salesforce Ventures and Peak XV Partners. Read More
GEF invests INR5.6b (USD70m) into TI Clean Mobility
GEF Capital Partners invested INR5.8b (~USD69.5m) in TI Clean Mobility, an India-based manufacturer of electric three-wheelers for logistics and passenger transportation. Read More
Quadria invests INR8.5b (USD102m) into NephroPlus
Quadria Capital invested INR8.5b (~USD102m) in NephroPlus, an India-based dialysis service network, providing a partial exit for Investcorp. Read More
Community Investment Management extends USD75m credit to Jeeves
Jeeves, a US-based B2B payments and corporate card platform, secured a USD75m credit facility from Community Investment Management. The financing will be used to scale Jeeves’ financial product suite in Brazil, Colombia and Mexico. Read More
Navis Capital Partners exits SEGi
Navis Capital Partners fully exited its remaining 20.5% stake in SEG International (SEGi), a Malaysia-based education group, for MYR113m (~USD23.7m) through a sale to SEGi managing director Clement Hii. Read More
Openspace and others invest in Fano Labs Series B
Openspace Ventures led a Series B for Fano Labs, a China-based startup leveraging AI to develop speech and natural language processing solutions, with participation from HSBC, Greater Good Investment, as well as follow-on from Horizon Ventures and Saltagen Ventures. Fano Labs will use the funding to expand into the APAC market and establish a Singapore office. Read More
Janus Henderson To Acquire Kuwait’s NBK Wealth
Janus Henderson agreed to acquire NBK Wealth, the wealth management arm of the National Bank of Kuwait Group. #MiddleEast Read More
ChrysCapital Reaches USD700m Close for Continuation Fund to Retain Stake in India’s NSE
ChrysCapital reached a USD700m close for its continuation fund to retain a stake in India’s National Stock Exchange (NSE). ChrysCapital acquired a 5% stake in the NSE in 2016 through its sixth fund. #Asi Read More
Temasek exited Medica Synergy for USD168m (Estimate) via strategic sale
Philippines’ Higala Raises Seed Round from Chemonics International and Talino Venture Studios
Higala, a Philippines-based inclusive instant payment system provider, raised a seed round from Chemonics International and Talino Venture Studios. #Asi Read More
Advent International To Invest ~USD297m in India’s Apollo Hospitals
Advent International agreed to invest INR24.75b (~USD297m) in Apollo HealthCo, a subsidiary of India-based healthcare group Apollo Hospitals. #Asi Read More