GPCA covers the latest fund, investment and industry news across our markets in two newsletters: NewsWatch is a weekly round-up of key transactions across asset classes; the Global Tech Brief is a bi-weekly review of tech transactions and innovations with cross-border applications. Subscribe in the left-hand sidebar.

Prosus and East Ventures Growth Lead USD35m Series A for Indonesia’s Aruna

Prosus Ventures and East Ventures Growth Fund led a USD35m Series A for Aruna, an Indonesia-based integrated fishery platform, with participation from SIG and follow-on from AC Ventures, MDI and Vertex Ventures. Read More

Asia Partners and Falcon Edge Lead USD100m+ Series B for Indonesian B2B Marketplace GudangAda

Asia Partners and Falcon Edge Capital led a USD100m+ Series B for Indonesia-based B2B marketplace GudangAda, with participation from Sequoia Capital India, Alpha JWC and Wavemaker Partners. Read More

Aflac Invests USD2b in Denham Capital & Commits USD100m to Latest Fund

Aflac Global Investments agreed to invest USD2b in Denham Capital to launch a new debt platform within Denham Sustainable Infrastructure for a 24.9% stake. Aflac also committed USD100m toward Denham’s second dedicated equity fund. Read More

Metier-Led Consortium Invests USD36m in Africa Mobile Networks

A consortium led by Metier and including CDC Group, DEG and Proparco invested USD36m in Africa Mobile Networks, a developer and operator of mobile network base stations in Sub-Saharan Africa. Read More

LeapFrog Leads USD75m Series C for Indian Digital Health Platform HealthifyMe

LeapFrog Investments led a USD75m Series C for India-based digital health platform HealthifyMe, with participation from Khosla Ventures and follow-on from existing investors. LeapFrog invested USD30m in the round. Read More

Hillhouse Leads ~USD77m Series A for Chinese AI Chatbox Developer Xiaoice

Hillhouse Capital led a CNY500m (~USD77m) Series A for Xiaoice, a China-based AI chatbox developer spun off from Microsoft, with participation from GGV Capital, IDG Capital, 5Y Capital, NetEase and Northern Light Venture Capital. Read More

Temasek and Falcon Edge Lead USD220m Investment in Indian Eyewear Retailer Lenskart

Temasek and Falcon Edge Capital led a USD220m investment in India-based eyewear retailer Lenskart at a reported USD2.5b valuation. The investment is part of a new round that saw KKR invest USD95m in the company in May 2021. Read More

T. Rowe Price Leads USD500m Series F for Colombian Delivery App Rappi

T. Rowe Price led a USD500m Series F for Colombia-based on-demand delivery startup Rappi, with participation from SoftBank, GIC, Baillie Gifford, Third Point and Octahedron, at a reported USD5.25b valuation. Read More

Creador Partially Exits Malaysia’s CTOS Digital via ~USD287m IPO

Creador partially exited its interest in Malaysia-based credit reporting company CTOS Digital via the company’s MYR1.21b (~USD287m) IPO on Bursa Malaysia. Creador sold shares worth MYR792m (~USD188m) and now retains a 40% stake in the company. Read more here and h Read More

Mediterrania Capital Partners Invests in Morocco’s Dislog Industries

Mediterrania Capital Partners invested an undisclosed amount in Morocco-based FMCG manufacturer Dislog Industries through its MC III fund. Read More

General Atlantic Leads Series B for Mexican Digital Financial Services Platform Klar

General Atlantic led an undisclosed Series B for Klar, a Mexico-based personal finance management and lending platform, with follow-on from Prosus Ventures, Quona Capital, Mouro Capital, IFC and WTI. IFC and Prosus Ventures led the company’s USD15m Series A in 2020.  Read More

BluePeak Invests USD16m in Tunisia Hygiene Products Company Sotupa

BluePeak Private Capital, through its BluePeak Private Capital Fund, invested USD16m in Tunisia-based disposable hygiene products company Sotupa. Read More