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IFC Provides USD500m Debt Financing for India’s HDFC Bank

IFC provided USD500m in debt financing for India-based private sector lender HDFC Bank. Read More

Alterra Capital Partners Acquires Significant Stake in South Africa’s Chill Beverages from Old Mutual Private Equity

Alterra Capital Partners acquired a significant stake in South Africa-based soft drink distributor Chill Beverages, facilitating an exit for Old Mutual Private Equity. Read More

Golden Gate Ventures Reaches USD20m First Close for MENA Fund

Golden Gate Ventures reached a USD20m first close for its USD100m fund focused on startups operating alternative energy, green technology, B2B AI, energy-related deep tech, fintech, health tech and edtech sectors across the Middle East and North Africa. Read More

Accion Launches USD152.5m Digital Transformation Fund

Accion launched its Digital Transformation Fund, a USD152.5m vehicle focused on financial institutions connecting SMEs and individuals to the digital economy in South and Southeast Asia, Latin America and Africa. Read More

Kotak Invests ~USD48m India’s Biorad Medisys

Kotak invested ~INR4b (~USD48m) in India-based medical device manufacturer Biorad Medisys. Read More

Ventures Platform Leads USD3.2m Debt and Equity Round for Senegal’s Maad

Ventures Platform led a USD3.2m debt and equity round for Maad, a Senegal-based logistics platform for informal retailers, with participation from Seedstars International Ventures, Reflect Ventures, Oui Capital, Launch Africa, Voltron Capital and Alumni Ventures. Read More

Temasek-backed SeaTown Leads USD40m Investment in Singapore’s Linnovate Partners

SeaTown, a firm owned by Temasek-backed asset management group Seviora, led a USD40m investment in Linnovate Partners, a Singapore-based asset services provider. Read More

Breakthrough Energy Ventures, GenZero, Temasek and Wavemaker Impact Lead  USD14m Series A for Singapore’s Rize

Rize, a Singapore-based agritech platform focused on sustainable rice cultivation, raised a USD14m Series A led by Breakthrough Energy Ventures, GenZero, Temasek and Wavemaker Impact.  Read More

AfricInvest sells part of its stake in One Tech

AfricInvest partially edited its stake in One Tech, a Tunisia-based electrical equipment manufacturer and services provider, for TND8m (~USD2.6m). Read More

GIC led USD105m Series C for Atlan w/ Meritech Capital, Salesforce Ventures and Peak XV Partners

GIC led USD105m Series C for Atlan, a Singapore-founded data and AI governance platform, with participation from Meritech Capital, Insight Partners and Waterbridge Ventures, as well as follow-on from Salesforce Ventures and Peak XV Partners. Read More

GEF invests INR5.6b (USD70m) into TI Clean Mobility

GEF Capital Partners invested INR5.8b (~USD69.5m) in TI Clean Mobility, an India-based manufacturer of electric three-wheelers for logistics and passenger transportation. Read More

Quadria invests INR8.5b (USD102m) into NephroPlus

Quadria Capital invested INR8.5b (~USD102m) in NephroPlus, an India-based dialysis service network, providing a partial exit for Investcorp. Read More