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.

Access past editions of NewsWatch here.

Colombia’s Finkargo Secures USD75m Structured Credit Line from Community Investment Management

Finkargo, a Colombia-based import finance platform, secured a USD75m structured credit line from Community Investment Management. Read More

QED Investors Leads USD5m Pre-Series B for Indonesia’s Pashouses

QED Investors led a USD5m pre-Series B for Pashouses, an Indonesia-based real estate marketplace. This is QED’s first known investment in Southeast Asia. Read More

SoftBank Sells 4.5% Stake in India’s Paytm for ~USD200m

SoftBank sold a 4.5% stake in India-based payments app Paytm for INR16.3b (~USD200m) on the NSE. The sale follows the end of one-year mandatory lock-in for pre-IPO investors in Paytm. Read More

Helios To Acquire Morocco’s Maroc Datacenter

Helios Investment Partners agreed to acquire a majority stake in Morocco-based Maroc Datacenter. Helios recently announced an agreement to acquire Kenya-based IXAfrica Data Centre. Read More

Lightrock Leads USD33m Series B for India’s BeatO

Lightrock India led a USD33m Series B for BeatO, an India-based diabetes monitoring app, with participation from HealthQuad and Flipkart, and follow-on from Blume Ventures, Orios Venture Partners, Leo Capital, W Health Ventures and others. Read More

Temasek and Alibaba Lead USD40m Series A+ for China’s YAHAHA

Temasek and Alibaba led a USD40m Series A+ for YAHAHA, a China-based metaverse platform for game developers, with participation from 37 Interactive Entertainment. Read more here and h Read More

GSV Ventures Leads USD45m Series E for India’s Simplilearn

Simplilearn, an India-founded, US-based professional upskilling platform, raised a USD45m Series E led by GSV Ventures, with participation from Clal Insurance and DisruptAD. Blackstone acquired a controlling stake in 2021. Read More

Blackstone To Take India’s R Systems Private for ~USD359m

Blackstone agreed to acquire a 52% stake in India-listed IT services company R Systems from company management. The agreement triggered an offer to delist the company for a total transaction value of up to USD359m. Read More

UAE’s Silkhaus Raises USD7.8m Seed Round

Silkhaus, a UAE-based short-term property rental app, raised a USD7.8m seed round from Nuwa Capital, Nordstar, Global Founders Capital, Yuj Ventures, Whiteboard Capital, VentureSouq and others. Read More

EQI Raises ~USD9m for Brazil’s Forêt Fund

EQI reached a BRL50m (~USD9m) final close for Forêt Fund, a vehicle focused on acquiring protected land, generating environmental conservation certificates and selling them to local agribusinesses. Read More

Valar Ventures Leads USD20m Series A for UAE’s baraka

Valar Ventures led a USD20m Series A for baraka, a UAE-based stock trading app for retail investors, with participation from Knollwood. Read More

China’s Kasco Raises ~USD72m Series B Led by China Venture Capital, Source Code Capital and Shenzhen Capital Group

Kasco, a China-based air suspension system manufacturer for passenger vehicles, raised a CNY510m (~USD72m) Series B led by China Venture Capital, Source Code Capital and Shenzhen Capital Group, with participation from Yonghua Capital, Huoyan Capital, Shanshan Venture Capital and Dening Capital. Read More