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Warburg Pincus Invests BRL150m (~USD3.3m) in Brazil’s Superlógica
Warburg Pincus made a BRL150m (~USD30.3m) follow-on investment in Superlógica, a Brazil-based ERP for real estate brokers. Warburg Pincus first invested BRL300m (~USD60m) in 2020. Read More
L Catterton Reaches ~USD233m First Close for Latin America IV Fund
L Catterton reached a ~USD233m first close for L Catterton Latin America IV, its fourth flagship fund to invest in private equity and late-stage technology businesses in Latin America. Read More
Value4Capital Acquires Romania’s Clarfon
Value4Capital acquired Clarfon, a Romania-based hearing aid and related ENT equipment retailer. Read More
Warburg Pincus Acquires 90% Stake in India’s Vistaar Finance for USD250m
Warburg Pincus completed its buyout of a 90% stake in Vistaar Finance, an India-based non-banking financial company that lends to SMEs, for USD250m through primary and secondary investments. Warburg Pincus’ earlier press release reported exits for WestBridge Capital, Elevar Equity, Omidyar and Saama Capital. Read More
Advent International Sells 15% Stake in Poland’s InPost Group
Advent International has agreed to sell a 15% stake in InPost Group, a Poland-based automated parcel machine service provider, to PPF Group. Advent will continue to hold a 30.3% stake. Read More
IFC and IFC Emerging Asia Fund led a USD39m Series C for Indonesia’s Evermos
IFC and IFC Emerging Asia Fund led a USD39m Series C for Evermos, an Indonesia-based social commerce platform, with follow-on from Jungle Ventures, Shunwei Capital, UOB Venture Management and others. Read More
Amethis Reaches ~USD153.5m First Close for Fund III
Amethis reached a EUR140m (~USD153.5m) first close for its third fund focused on impact investments in mid-sized companies in Africa. Read More
General Atlantic, Sequoia China and Mubadala Lead USD2b Round for China’s Shein
Shein, a China-based global fashion retailer, raised a USD2b round at a reported valuation of USD66b led by General Atlantic, Sequoia China and Mubadala, with participation from Tiger Global Management and Coatue Management. Read More
Headline Asia Leads USD6.6m Pre-Series B for Singapore’s Jenfi
Headline Asia led a USD6.6m pre-Series B for Jenfi, a Singapore-based revenue-based financing platform for businesses, with participation from ICU Ventures, Granite Oak, Korea Investment Partners & Golden Equator Capital and Atlas Ventures, and follow-on from Monk’s Hill Ventures. Read More
Temasek Invests ~USD225m in India’s PolicyBazaar
Temasek invested INR18b (~USD225m) in India-based insurance aggregator PolicyBazaar. Read More
Warburg Pincus and Northstar Group Lead USD80m Round for Singapore’s Advance Intelligence Group
Warburg Pincus and Northstar Group led a USD80m round for Advance Intelligence Group, a Singapore-based financial technology firm. Read More
Quadria Capital Acquires Majority Stake in Malaysia’s Straits Orthopaedics
Quadria Capital acquired a majority stake in Straits Orthopaedics, a Malaysia-based medical device manufacturer focused on orthopaedics. Read More