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Sapphire Ventures Leads USD200m for Ukraine’s Creatio
Sapphire Ventures led a USD200m investment in Creatio, a Ukraine-based CRM and workflow platform, at a reported USD1.2b valuation, with participation from StepStone Group, as well as follow-on from Horizon Capital and Volition Capital. Read More
Phatisa and Finnfund Exit Sierra Leone’s Planting Naturals
Phatisa and Finnfund fully exited Planting Naturals, a Sierra Leone-based organic palm oil producer, via a sale to PaLenDu, an affiliate of Dutch Dekker Group. Read More
SPE Capital Reaches USD140m First Close for PEF III
SPE Capital reached a USD140m first close for its third PE fund focused on SMEs in North Africa. The vehicle has a USD350m target. Read More
Accion Invests USD17.5m in Indonesia’s Amartha
Accion invested USD17.5m in Amartha, an Indonesia-based microfinance technology platform that connects SMEs with investors. Read More
BII Exits 10.1% Stake in Kenya’s I&M Group to AfricInvest
BII exited its 10.1% stake in I&M Group, a Kenya-based financial banking group focused on Eastern Africa, via a sale to AfricInvest. Read More
DPI Exits South Africa’s International Facilities Services
DPI fully exited International Facilities Services, a South Africa-based provider of facilities management services in remote locations, via a sale to ES-KO and Phatisa. Read More
Kotak Alternate Asset Managers Invests ~USD173m in India’s Matrix Pharma
Kotak Alternate Asset Managers invested INR14.5b (~USD173m) in India-based pharmaceutical company Matrix Pharma. Read More
India’s Fibe Raises USD90m Series E from TR Capital, Trifecta Capital, Amara Partners, TPG Rise Fund and Others
TR Capital, Trifecta Capital and Amara Partners led a USD90m Series E for India-based consumer lending platform Fibe, with follow-on from TPG Rise Fund, Norwest Venture Partners, Eight Roads Ventures and Chiratae Ventures. Read More
Monk’s Hill Ventures Leads USD5.3m Pre-Series A for Singapore’s iPiD
Monk’s Hill Ventures led a USD5.3m pre-Series A for Singapore-based global payments platform iPiD, with participation from Quona Capital and QED Investors, as well as follow-on from Jungle Ventures, 1982 Ventures, Saison Capital and Resolution Ventures. Read More
Temasek and Fidelity Invest USD200m in India’s Lenskart
Temasek and Fidelity invested USD200m in Lenskart, an India-based eyewear retailer. Read More
Ecosystem Integrity Fund Leads USD16m Series A for Saudi Arabia’s Iyris
Ecosystem Integrity Fund led a USD16m Series A for Iyris, a Saudi Arabia-based agritech company focused on optimizing greenhouse covers, with participation from Global Ventures, Dubai Future District Fund, Kanoo Ventures, Globivest and Bonaventure Capital. Read More
Adenia Partners Exit Ghana’s Cresta Uhuru Investment Partners
Adenia Partners fully exited Ghana-based paint manufacturer Cresta Paints via a sale to Uhuru Investment Partners. Read More