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Africa50 Infrastructure Acceleration Fund reaches USD222.5m first close
Africa50 reached USD222.5m first close for its Infrastructure Acceleration Fund focusing on sustainable infrastructure sectors across Africa. First close investors include the African Development Bank and IFC. Read More
IFC Provides USD125m Debt Financing for India’s Tata Capital
IFC provided USD125m in debt financing for Tata Capital, the financial services arm of India-based conglomerate Tata Group. Read More
Global Ventures Leads USD3m Pre-Series A for UAE’s Maalexi
Global Ventures led a USD3m pre-Series A for Maalexi, a UAE-based risk management platform for SMEs in agriculture, with follow-on from Rockstart and Ankurit Capital. Read More
Affirma Capital Leads USD145 Investment in Zambia’s Copperbelt Energy Corporation
Affirma Capital led a USD145m investment in Copperbelt Energy Corporation, a Zambia-based incorporated power transmission, generation and distribution company via a single-asset continuation deal. Read More
L Catterton Leads Series A+ for China’s Hi!Papa
L Catterton led a Series A+ for Hi!Papa, a China-based children’s personal care brand. Read More
The Northstar Group Reaches USD140m Final Close for Maiden VC Fund
The Northstar Group reached a USD140m final close for its maiden VC fund focusing on early-stage startups in Indonesia and other Southeast Asian countries. Read More
Kotak Leads ~USD384m Round for India’s Jayaswal Neco
Kotak Alternate Asset Managers led a INR32b (~USD384m) loanINR32b (~USD384m) round for Jayaswal Neco, an India-based steel products manufacturer, with participation from Edelweiss Group, Allianz and four private Indian companies. Read More
Kotak Invests ~USD45m in India’s Cropnosys
Kotak Alternative Asset Managers invested INR3.75b (~USD45m) in Cropnosys, an India-based agrochemical manufacturer. Read More
Bessemer Venture Partners Lesds USD210m Series E+ for Hong Kong’s Klook Travel Technology Limited
Bessemer Venture Partners led a USD210m Series E+ for Klook, a Hong Kong-based online travel booking platform, with participation from BPEA EQT, Atinum Investment, Golden Vision Capital, Krungsri Finnovate and others. Read More
Warburg Pincus Exits India’s CAMS for ~USD324m
Warburg Pincus fully exited Computer Age Management Services, an India-based mutual fund transfer agency, via a share sale for INR27b (~USD324m) to investors including ADIA and White Oak Capital. Read More
Eurazeo Leads USD36m Pre-Series C for Singapore’s Igloo
Eurazeo led a USD36m pre-Series C for Igloo, a Singapore-based insurance platform, with participation from Openspace Ventures and La Maison. Read More
Gaja Capital Reaches USD400m Final Close for Fund IV
Gaja Capital reached a USD400m final close for its fourth fund focused on mid-market companies in emerging sectors in India. Read More