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Everstone Sells 25.36% Stake in India’s Restaurant Brands
Everstone Capital sold a 25.36% stake in Restaurant Brands, an India-based food franchise chain. Everstone has a remaining 15.44% stake in the company. Read More
KKR To Acquire 20% Stake in Singapore’s Singtel
KKR agreed to acquire a 20% stake in Singapore-based communications technology group Singtel’s regional data center for SGD1.1b (~USD800m). Read More
L Catterton and CLSA Capital Partners Leads ~USD27.6m Series B for China’s Trautec
L Catterton and CLSA Capital Partners led a CNY200m (~USD27.6m) Series B for Trautec, a China-based producer of recombinant collagen-based biomaterials for medical and cosmetics industries, with participation from CDF-Capital and MF Capital. Read More
EBRD and MCI Invest ~USD21.5m in Baltic’s PHH Group
European Bank for Reconstruction and Development (EBRD) and MCI agreed to invest EUR20m (~USD21.5m) in PHH Group, a Baltic-based e-commerce platform with a presence in Finland. Read More
Singapore’s AMP Raises USD18.5m Series A from Openspace Ventures and Jungle Ventures
Singapore-based e-commerce platform AMP raised a USD18.5m Series A from Openspace Ventures and Jungle Ventures. Read More
UOB Venture Management Leads USD23m Series C for Vietnam’s ELSA
UOB Venture Management led a USD23m Series C for ELSA, a Vietnam-based English learning platform, with participation from UniPresident, Aozora Bank, Vietnam Investments Group and the Development Bank of Japan, as well as follow-on from Gradient Ventures, Monk’s Hill Ventures and Globant Ventures. Read More
Monk’s Hill Ventures Leads pre-Series A for Vietnam’s Saladin
Monk’s Hill Ventures led a pre-Series A for Saladin, a Vietnam-based insurtech platform, with participation from Peak XV Partners, Venturra Capital, Patamar Capital and angel investors. Read More
KKR Invests USD250m in India’s Reliance Retail
KKR invested USD250m in India-based retail chain Reliance Retail, at a reported USD100b valuation. Read More
Aqua Capital and GIC Exit Brazil’s Biotrop
Aqua Capital and GIC exited Biotrop, a Brazil-based developer of biological-based products for agricultural producers, through a sale to Biobest Group, a Belgium-based horticulture and pollination specialist, for ~USD568m. Read More
KKR To Acquire Majority Stake in China’s Ruirentang Pharmaceutical Group
KKR agreed to acquire a majority stake in China-based pharmacy chain Ruirentang Pharmaceutical Group. Read More
Temasek Leads USD140m Round for India’s Ola Electric
Temasek led a USD140m round for Ola Electric, an India-based electric scooter manufacturer, at a reported USD5.4b valuation. Read More
Amethis Acquires Minority Stake in Morocco’s Energy Transfo
Amethis acquired a minority stake in Energy Transfo, a Morocco-based company that designs and manufactures transformers, electrical cabinets and urban substations. Read More