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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