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EQT Private Capital Asia Exits India’s CMS Info Systems for ~USD187m

EQT Private Capital Asia (formerly BPEA EQT) fully exited its 26.7% stake in India-based cash management platform CMS Info Systems for INR15.47b (~USD187m).  Read More

TPG NewQuest Leads USD100m Investment in India’s Shadowfax

TPG NewQuest led a USD100m Series E for Shadowfax, an India-based logistics and delivery platform, with participation from Mirae Asset Venture Investments, Flipkart, IFC, Nokia Growth Partners and others. The round includes some secondary transactions. Read More

Integra Partners Leads USD4.1m Pre-Seed Round for Philippines’ ProCredit

Integra Partners led a USD4.1m pre-seed round for ProCredit, a Philippines-based lending platform for SMEs, with participation from the Menardo Jimenez Family Office, M Venture Partners, Cento Ventures, Gobi Partners and others. Read More

Horizon Capital Reaches USD350m Final Close for Ukraine Fund IV

Horizon Capital reached a USD350m final close for its fourth fund focusing on fast-growing primarily tech and export-oriented companies in Ukraine and Moldova. The fund had a USD250m target. Read More

Verod Capital Acquires 65% stake in Nigeria’s i-Fitness from CardinalStone

Verod Capital acquired a 65% stake in Nigeria-based gym chain i-Fitness from CardinalStone for USD12m. CardinalStone first invested in the company in 2019. Read More

CVC Capital Partners Reaches USD6.8b Final Close for Asia VI

CVC Capital Partners reached a USD6.8b final close for its sixth Asia fund focused on control, co-control and partnership investments in core consumer and services sectors across the region. Read More

Equator Leads USD24m Series A for Kenya’s Roam with USD10m Debt from DFC

Equator led a USD24m Series A for Roam, a Kenya-based EV manufacturer, with participation from At One Ventures, TES Ventures, Renew Capital and others. The round included USD10m in debt from DFC. Read More

BluePeak and SwedFund Invest USD25m in Côte d’Ivoire’s Teyliom Finance

Teyliom Finance, the financial services subsidiary of Côte d’Ivoire-based conglomerate Teyliom Group, received USD25m in financing, with USD20m from BluePeak Private Capital and USD5m from SwedFund. Read More

Blue Earth Capital To Partially Acquire Stakes in BII Funds

Blue Earth Capital agreed to partially acquire stakes in three funds from British International Investment, which includes two Africa-based and one India-based fund.  Read More

Seviora Capital and Temasek Launch T3F Strategy Fund

Seviora Capital and Temasek launched the T3F Strategy fund, focusing on late-stage venture and early-growth agri-food companies across the Asia Pacific.  Read More

Amethis Acquires Minority Stake in UAE’s BBI

Amethis acquired a minority stake in BBI, a UAE-based data management consultancy firm in the MENA region. Read More

Cento Ventures Invests in Singapore’s Doxa Holdings

Cento Ventures invested in Doxa Holdings, a Singapore-based digital procurement platform for SMEs. Doxa Holdings previously raised a USD2.2m pre-Series A in 2022. Read More