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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

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

AfricInvest To Invest USD40m in British University in Egypt

AfricInvest agreed to invest USD40m in The British University in Egypt, a private institution in Cairo, Egypt.  Read More

AIIM To Invest USD90m in Joint Venture with N+ONE DATACENTERS

African Infrastructure Investment Managers (AIIM) agreed to invest USD90m to develop a new Pan-African data center and cloud services platform in a joint venture with N+ONE DATACENTERS. Read More

Baring Private Equity Partners India Leads USD15m Series A for India’s SatSure

Baring Private Equity Partners India led a USD15 Series A for SatSure, an India-based innovative decision analytics company specializing in satellite imagery, with participation from Omidyar Network India and xto10X, as well as follow-on from Force Ventures, Luckbox Ventures and IndigoEdge Advisors. Read More

BPEA Exits India’s Coforge for USD924m

BPEA EQT fully exited its remaining 26.6% stake in India-based IT services provider Coforge for USD924m through a block trade. Read More

Stepstone Leads USD200m Series E for India’s Zepto

Stepstone Group led a USD200m Series E for Zepto, an India-based grocery delivery platform, with participation from Goodwater Capital, as well as follow-on from Nexus Venture Partners, Glade Brook Capital and Lachy Groom. The round values Zepto at USD1.4b, making it the first Indian unicorn in 2023. Read More