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AfricInvest and Proparco Lead USD8m Series A for Tunisia’s GoMyCode

AfricInvest, through its Cathay AfricInvest Innovation Fund, and Proparco led a USD8m Series A for Tunisia-based edtech GoMyCode, with participation from Wamda Capital. Read More

GIC Leads USD140m Series F for India’s CRED

GIC led a USD140m Series F for India-based fintech CRED at a reported USD6.4b valuation, with follow-on from Tiger Global, Sofina Ventures, Alpha Wave Ventures and Dragoneer. Read More

Paramark Ventures Leads USD33m Round for India’s Purplle

Paramark Ventures led a USD33m round for Purplle, an India-based e-commerce platform for beauty products, at a reported USD1.1b valuation, with follow-on from Premji Invest, Blume Ventures and Kedaara Capital. Read More

General Atlantic Leads USD70m Round for Mexico’s Klar

General Atlantic led a USD70m round for Klar, a Mexico-based personal finance management and lending platform, with participation from Endeavor Catalyst and Acrew Capital, and follow-on from Quona Capital Mouro Capital, Prosus Ventures and IFC. Read More

Polaris Partners Leads USD126m Series A for Singapore’s Tessa Therapeutics

Polaris Partners led a USD126m Series A for Tessa Therapeutics, a Singapore-based biotech developer for cancer treatments, with follow-on from Temasek, EDBI, Heliconia Capital and Heritas Capital. Read More

Sequoia Capital China Leads USD210m Series A for Singapore’s Envision Digital

Sequoia Capital China led a USD210m Series A for Envision Digital, a Singapore-based provider of AI and IoT software that helps drive the transition to net-zero, with participation from GIC. Read More

AIIM, Royal Bafokeng and SUEZ To Acquire South Africa’s EnviroServ From Rockwood

A consortium of investors comprising African Infrastructure Investment Managers, Royal Bafokeng Holdings and SUEZ agreed to acquire South Africa-based waste management company EnviroServ from Rockwood Private Equity for an undisclosed amount. Read more here, here and h Read More

Proparco Commits USD12m to Africa-focused Maris

Proparco, through AFD Group’s FISEA+ initiative, committed USD12m to Maris Limited, an impact investor targeting investments in startups and SMEs in the renewable energy, agriculture and business services sectors in East and Southern Africa. Read More

Tiger Global Leads USD16m Series A for Brazil’s Zippi

Tiger Global led a USD16m Series A for Zippi, a Brazil-based payroll and credit platform for independent contractors, with participation from Volpe Capital, YC, Rainfall Ventures, Globo Ventures, Hummingbird, Mantis, MSA Capital and Soma Capital. Read More

DisruptAD, Reciprocal Ventures and Shorooq Partners Lead USD22.5m Round for UAE’s NymCard

DisruptAD, Reciprocal Ventures and Shorooq Partners led a USD22.5m round for UAE-based Banking as-a-Service provider NymCard, with participation from Chimera, DFDF, Knollwood, Endeavor Catalyst, OTF Jasoor Ventures and additional new and existing investors. Read More

Vertex Growth and Brunei Investment Agency Lead USD80m Round for India’s Kissht

Vertex Growth and Brunei Investment Agency led a USD80m round for India-based small business credit platform Kissht at a reported USD400-500m valuation, with follow-on from Vertex Ventures SEA and India and Endiya Partners. Read More

IFC, March Holding, B&Y Ventures, Others Invest USD18m Series B for Lebanon’s Toters

Toters, a Lebanon-based super app that began as a food delivery service, raised a USD18m Series B from IFC, March Holding and existing investor B&Y Ventures, along with undisclosed investors. Read More